Deloitte partners with blockchain startup Colu

Blockchain startup Colu has revealed that it has entered into a partnership agreement with multinational consulting firm Deloitte.

The company, which launched a public blockchain beta program in August, said the partnership would open up a new “large market” for blockchain technology, according to a blog post on Monday.

Although the company did not release details of the collaboration, the project will involve   Rubix   A software platform on which Deloitte clients can build their own applications, including ticketing and registration systems, on the blockchain.

CEO of Colu   Amos Meiri   told CoinDesk:

“We’ve been in contact with Deloitte representatives for the past two months and have been in close contact with Deloitte Canada and the Rubix development team. Because they have been trying different interesting use cases for some clients, they need our help on the technical side and in defining different POCS [proofs of concepts].”

In July, the “Big Four” professional services firms told CoinDesk they had found more than 20 use cases for blockchain technology and had been researching the space for more than 18 months.

In addition to Colu, Deloitte has also tested Blockstream, Counterparty and Ethereum technology, with some clients still in the "exploration phase" and others more advanced.

Deloitte has also set up a 100-person team called the Deloitte Digital Currency Team, spread across 12 countries, including Canada. The main goal of the team is to help banks and clients understand how this technology can disrupt traditional systems and create completely new technologies.

In just three months, Colu has already partnered with more than 20 companies, including music platform Revelator, Caribbean Bitcoin exchange Bitt, and now Deloitte.

The company blog post said:

“It’s very interesting to see how these different companies are using blockchain technology to build different applications. We are tracking these different use cases and expect to develop more interesting applications in the future.”

About Colu

Colu was founded last fall. In January this year, Colu raised $2.5 million in seed funding from Aleph VC and Spark Capital. Currently, the Colu team has 13 members, most of whom have experience in Bitcoin blockchain before joining Colu.

Colu is committed to enabling developers and consumers who do not understand Bitcoin to build and exchange assets through the platform, from financial assets (stocks, bonds, shares) to records (certificates, copyrights, documents) to ownership (event tickets, vouchers, gift cards). With the launch of the beta version of the platform, individual developers and enterprises can develop related digital assets and services on colu.co according to their own and their customers' wide-ranging needs.

In August this year, Colu CEO Amos Meiri also accepted an interview with 8btc, discussing the details of the company’s cooperation with the music platform Revelator, its current development status and future development plans.

Original article: http://www.coindesk.com/deloitte-partners-with-blockchain-startup-colu/
By Grace Caffyn
Compiled by: printemps
Source (translation): Babbitt Information