Global professional services firm Accenture PLC and Thales e-security recently announced the launch of a patent-pending security system for enterprise use that, “creates a simple path to large-scale commercial use of blockchain technology,” according to Accenture. Thales’ technology is found in enterprise finance, Aerospace, Transport, Defence and Security markets. With 62,000 employees in 56 countries, 25,000 of which are engineers and researchers, Thales deploys equipment and systems in some of the most complex security environments worldwide. As part of the Thales Group, Thales e-Security is the data security solutions and services branch that works with companies and governments to secure data. “The possibilities for blockchain are endless,” said Jon Geater, the CTO of Thales e-Security. “In the financial sector everything from transactions to contracts and deeds could use a blockchain to legitimize and simplify the settlement process, and industries such a...
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