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Deloitte Luxembourg becomes Corporate Baker on Tezos
Deloitte Luxembourg announces that it will become a Tezos Corporate Baker. As a Corporate Baker, Deloitte Luxembourg will be responsible for validating, securing and adding transactions (blocks) to the Tezos blockchain. This new position allows Deloitte Luxembourg and Tezos to explore synergies in Web3-related topics, alongside other ecosystem stakeholders.
By: XTZ News
12 October 2023
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Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.
Deloitte Luxembourg announces that it will become a Tezos Corporate Baker [1]. As a Corporate Baker, DeloitteLuxembourg will be responsible for validating, securing and adding transactions (blocks) to the Tezos blockchain. This new position allows Deloitte Luxembourg and Tezos to explore synergies in Web3-related topics, alongside other ecosystem stakeholders.
Many innovations that will transform businesses in the coming years center around blockchain because of its efficiency and ability to support new models and generate new sources of revenue, as well as providing a secure and complete tracking of data flows.
Endowed with a blockchain center of competence called “Blockchain Institute”, the Deloitte network has developed a strong expertise over the past 10 years and supports more than 450 companies in creating innovative and tailor-made Web3 solutions to meet their technological and business needs. Since the creation of its blockchain division in 2015, Deloitte Luxembourg has provided initial trainings, strategic consulting and prototyping to many diverse organizations.
“We are happy to play an active role in such an ambitious initiative, which reinforces our collaboration with Tezos and reaffirms Deloitte’s intention to be at the forefront of the blockchain revolution.”
Sébastien Genco, Partner at Deloitte Luxembourg
By becoming a Corporate Baker, Deloitte Luxembourg is reinforcing its involvement in Tezos governance and protocol development, as well as guaranteeing the network’s security and verifiability. The Tezos blockchain, which celebrated its fifth anniversary last June, has undergone 14 upgrades. While the Mumbai upgrade last March enabled the blockchain to multiply its overall processing power and exceed the symbolic threshold of one million transactions per second,Nairobi, deployed in June, brought several improvements to the Tezos economic protocol, such as an up to 8-fold increase in the number of transactions per second (TPS) and new functionalities for Smart Rollups.
“We are proud to count Deloitte Luxembourg among our Corporate Bakers. It’s a great opportunity for the ecosystem to benefit from the expertise of one of the world class leaders in its field that has always made blockchain technology part of its experience and DNA.”
Louis Chevalier, Adoption Manager Benelux at Nomadic Labs
[1]
“Baker” is a term specific to Tezos, and to date, the network counts over 400 of them worldwide. This position enables them to play an active part in the governance of Tezos, and encourages the evolution of the chain by guaranteeing the security and reliability of the network. The main role of a Baker is to create and validate blocks on the blockchain, and to secure the network through his or her right to vote in proportion to the number of Tez held.
A “Corporate Baker” is a company outside the ecosystem that is destined to become a Baker, and which is supported in this process by Tezos and Nomadic Labs.
OKCoin Japan has been officially welcomed as the latest corporate baker on the Tezos blockchain. They become the 30th corporate baker in the Tezos ecosystem. This move not only marks a notable addition to Tezos’ list of corporate bakers, which includes names like Google Cloud and Ubisoft, but also heralds the introduction of tez (XTZ) staking services on OKCoin Japan’s platform starting November 8, 2023.
Deloitte Luxembourg announces that it will become a Tezos Corporate Baker. As a Corporate Baker, Deloitte Luxembourg will be responsible for validating, securing and adding transactions (blocks) to the Tezos blockchain. This new position allows Deloitte Luxembourg and Tezos to explore synergies in Web3-related topics, alongside other ecosystem stakeholders.
onepoint was founded in 2002 and operates in the Netherlands, Belgium, France, Australia, Canada, the United States, and Tunisia.
With over 2,300 employees and a revenue of €300 million in 2021, onepoint is a sizable player in the industry.
Now, it has been announced that they have become a Tezos corporate baker (the 28th joining the Tezos ecosystem).
The Tezos Foundation and Magic, the Wallet-as-a-Service provider, have announced a groundbreaking collaboration aimed at revolutionizing the accessibility and usability of Web3 technologies. This strategic partnership will utilize the pioneering decentralized Tezos blockchain and marks a significant milestone in the journey towards a more inclusive and user-friendly decentralized web experience.
Tezos, a leading blockchain platform renowned for its self-amending capabilities and community-driven governance, has successfully activated Oxford 2, its fifteenth core protocol upgrade. The Oxford 2 upgrade includes enhancements to Smart Rollups and chain security and ensures Tezos remains at the forefront of blockchain innovation.
Nomadic Labs recently spotlighted the launch of Izikap, a novel SaaS platform developed by the Xelians group. This platform, operating on the Tezos blockchain, represents a significant advancement in the digitalization and management of company registers. The introduction of Izikap marks a paradigm shift from traditional paper-based systems to a more efficient, digital, blockchain-powered approach.
Deloitte Luxembourg announces that it will become a Tezos Corporate Baker. As a Corporate Baker, Deloitte Luxembourg will be responsible for validating, securing and adding transactions (blocks) to the Tezos blockchain. This new position allows Deloitte Luxembourg and Tezos to explore synergies in Web3-related topics, alongside other ecosystem stakeholders.
Inveniam has been live on Tezos for months at this point and is growing fast. Inveniam currently delivers monthly pricing of assets in cooperation with partners like Cushman & Wakefield (for real estate pricing) and Deloitte (for audits).
The Tezos Foundation is joining the DEC Institute as an active member, and will be contributing education and examination efforts to 4 top universities as part of the effort.
Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.
Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.
User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.
Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.
Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.
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The Tezos Foundation and Magic, the Wallet-as-a-Service provider, have announced a groundbreaking collaboration aimed at revolutionizing the accessibility and usability of Web3 technologies. This strategic partnership will utilize the pioneering decentralized Tezos blockchain and marks a significant milestone in the journey towards a more inclusive and user-friendly decentralized web experience.
Tezos, a leading blockchain platform renowned for its self-amending capabilities and community-driven governance, has successfully activated Oxford 2, its fifteenth core protocol upgrade. The Oxford 2 upgrade includes enhancements to Smart Rollups and chain security and ensures Tezos remains at the forefront of blockchain innovation.
Blind Gallery, an innovative gallery in the digital art space, proudly announces the upcoming launch of “Academy by Blind Gallery,” launching in February 2024.
This state-of-the-art educational platform is dedicated to fostering expertise in blockchain art, catering to a wide audience that includes artists, curators, gallerists, collectors, art dealers, and academic institutions.
