Team of 50 blockchain developers and designers to be built in Dublin centre
25th May 2016 - Dublin - Deloitte, the professional services and consulting firm, today announces Dublin as the base for the creation of an EMEA Financial Services Blockchain Lab as part of its FinTech initiative ‘The Grid’.
The firm will build a team of 50 people over 18 months to be based in the Dublin centre. The lab’s team will comprise blockchain developers and designers. Blockchain developers look after the ‘nuts and bolts’ of the application, or the back-end technology, while designers create and manage how the application looks.
The team will focus on developing strategic blockchain capabilities and proof-of-concepts into functioning prototypes to create ‘ready to integrate’ solutions for financial services clients. It is already achieving success in this regard, having worked with Bank of Ireland to complete a joint proof-of-concept trial which combines the technology with the bank’s existing systems to provide next generation client experience and regulatory oversight at a lower cost.