Blockchain representatives from each of the 'Big Four'
accounting firms are set to meet this morning with the American Institute
of Certified Public Accountants to discuss establishing a distributed
ledger consortium.
Held at Microsoft's headquarters in New York City,
the event marks the first meeting between blockchain specialists from
Deloitte, Ernst & Young, KPMG and PwC. Collectively, the four firms
last year generated $123.7bn revenue.
The meeting is being hosted by ethereum-focused startup
Consensys, but the attendees will be considering a wide-range of possible
blockchain solutions.
According to Consensys head of blockchain accounting,
Griffin Anderson, the series of roundtable discussions will center on how
the accounting industry could work together to develop new blockchain
standards.
