KPMG is a global network of professional firms providing Audit, Tax and Advisory services.
KPMG is a professional service company and one of the Big Four auditors, along with Deloitte, Ernst & Young (EY), and PricewaterhouseCoopers (PwC).
Seated in Amstelveen, the Netherlands, KPMG employs 207,050 people and has three lines of services: financial audit, tax, and advisory. Its tax and advisory services are further divided into various service groups.
The name “KPMG” stands for “Klynveld Peat Marwick Goerdeler.” It was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987.
KPMG launched Chain Fusion, a suite of analytic tools that help financial institutions manage crypto assets. It will help companies prove that they own cryptocurrency, operate multi-signature wallets, and monitor transactions.
Blockchain and crypto will soon become common across traditional and modern industries. Artificial Intelligence (AI) and Virtual Reality (VR) can become a good way to make the process of their adoption easier.
Blockchain platforms will be used to ensure control over IoT ecosystems aimed at managing climate change.