Thursday, June 1, 2023

Grant Thornton Meets VeChain


One of the earth’s most prominent professional services network of independent accounting and consulting associate corporations, Grant Thornton Cyprus, collaborates with the world-leading enterprise-friendly public blockchain VeChain.

Among the network of Grant Thornton clients, they aim to pair and utilize VeChain’s advanced blockchain solutions for various industries. The future clients will be major players in their respective industries, including food, pharmaceuticals, logistics, and automotive.

Using Blockchain to Build Trust

Grant Thornton is the CEO of Grant Thornton. In September 2018, Cyprus introduced a new blockchain service line, which helped the country’s technology sector grow. Moreover, Thornton’s global network collaborated with Grant Thornton to launch this blockchain department in more than a dozen countries.

Furthermore, to provide and enforce blockchain-related services for Grant Thornton’s local and foreign customers, the specialized department will be partnering with VeChain’s technical and industrial experts. 

The building of a reliable blockchain service unit verifies that Grant Thornton Cyprus has the vision and forethought to acknowledge the potential of blockchain technology. Thus, it allows the use and exchange of reliable, unchangeable data in the business world. The adoption of blockchain will positively affect supply chain management, e-commerce, renewable energy, entertainment, health, and finance. 

Grant Thornton Cyprus

Grant Thornton Cyprus will benefit from VeChain’s industry-leading blockchain technology, which will let them provide their customers with sufficient solutions. It opens the door for thousands of businesses to adopt blockchain.

With strategic allies such as PwC and DNV GL  guidance associated with in-house solid expansion capacities, VeChain has launched alliances with many leading companies across various industries. Also, it continued its one-stop data BaaS platform’s continuous improvement and adoption VeChain ToolChainTM.

VeChain Co-Founder and CEO Sunny Lu say that the pandemic has been an imminent restructuring of the international economic order. It highlights the haste of accelerating digitalization which improves the need for digital answers in the post-pandemic. We’re looking forward to exploring more business options with Grant Thornton Blockchain Cyprus. This is a result of our relationship with Grant Thornton.

VeChain ToolChainTM has become the market’s business-ready standard tool for blockchain integration and adoption. Because of the development using VeChain’s extensive experience in deploying blockchain technology in real business scenarios. The stable, safe, and efficient support provided by VeChain ToolChainTM will be provided by Grant Thornton Blockchain Cyprus. Thanks to the infrastructure’s robustness.

The Integration of Grant Thorton and VeChain

The partnership will also unlock opportunities for thousands of companies interested in exploring and implementing this technology. This is by further integrating Grant Thornton’s professional consultancy and VeChain’s market-leading blockchain technology. 

Also, Grant Thornton Cyprus’s Director of Distributed Ledger Technology, Alexis Nicolaou, states that as the arrival of legislation governing Blockchain Technology in Cyprus is imminent. Moreover, Grant Thornton Cyprus is funding in affiliations with leading businesses in the endeavor, being capable of meeting the demands of its client base and other local and foreign companies. The vast scope of applications that VeChain ToolChainTM delivers will help us meet those needs most effectively and efficiently.

Miguel Garcia
Miguel Garcia
Miguel Garcia is a writer for Cryptoconstellation. Miguel has always been fascinated with Crypto. He has experience in Business and finance. Miguel loves sport cars and football.

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