Global accounting firm Deloitte has partnered with a parachain project on the Polkadot ecosystem. The move will allow the company to enhance its digital identity protocols.
On May 4, Polkadot announced that Deloitte is the latest large enterprise partner to join the Polkadot ecosystem.
Deloitte has chosen the KILT Protocol to provide cutting-edge technology for digital identities .
This is “critical for protecting financial institutions against fraud, corruption, money laundering and terrorist financing,” Deloitte added .
Deloitte will provide a browser extension to help customers manage login information. Micha Bitterli, head of Deloitte Managed Services, commented :
“By providing reusable digital logins anchored on the KILT blockchain, Deloitte is transforming verification processes for individuals and institutions.”
Ingo Rübe, founder of the KILT Protocol adds: “As a parachain of Polkadot, KILT provides the scale and security needed for enterprise partners.”