 "EY blockchain hackathon part of growing digital solutions")
Global consultancy firm EY (formerly Ernst & Young) is pushing its digital initiative further with a week-long blockchain hackathon in Mumbai aimed at generating solutions for different sectors like banking, telecom, manufacturing, insurance, governance, power and utilities. According to the PwC Global Fintech Report (2017), 90 per cent of payment companies will adopt blockchain in their production systems by 2020.
Hackathons provide organisations a platform to generate creative solutions and publicity while reducing research overheads within the organisation. The ongoing hackathon has leveraged technology support from IBM and Microsoft with their cloud and blockchain solutions available for the participants to
