KPMG Announces New U.S. Blockchain Leadership

NEW YORK, Sept. 11, 2018 /PRNewswire/ --

     WHAT:                KPMG LLP is announcing new U.S. Blockchain
                           leadership to drive and expand the firm's
                           blockchain strategy across its core lines of
                           business -Tax, Audit, Advisory and Industries.
                           Arun Ghosh has been named the firm's U.S.
                           Blockchain leader, and David Jarczyk and Erich
                           Braun have been named the U.S. Blockchain Tax and
                           Audit leaders, respectively.




                          In addition to solving business issues with
                           blockchain, companies need to account for the
                           complex regulatory, tax and trade, auditability,
                           risk and compliance implications that come with any
                           global transaction and exchange. KPMG's blockchain
                           approach integrates financial management, digital
                           transformation, and industry subject matter
                           proficiency to provide businesses with
                           comprehensive guidance on blockchain, from strategy
                           to implementation.






     WHY:                 The experimentation phase for blockchain is coming
                           to a close with companies now embarking on the
                           execution phase. It is much more than a technology,
                           serving as a global transaction platform that
                           requires an intimate knowledge of tax, global trade
                           tariffs, financial risk implications, and core
                           operations.






     WHO:                            Arun Ghosh - Boston - KPMG U.S. Blockchain leader
                  Arun has extensive experience driving business value
                  by leveraging blockchain, analytics, automation and
                  artificial intelligence for high-tech, industrial
                  manufacturing and life sciences organizations. This
                  includes delivering enterprise-wide transformation
                  programs across commercial, operations, R&D,
                  manufacturing, and supply chain business functions.




                                     David Jarczyk - Chicago -KPMG U.S. Blockchain Tax
                                      leader
                 David assesses the complex tax and finance
                  implications of blockchain. He has vast experience
                  in determining market needs in response to tax
                  reform and changes, implementing technological
                  requirements, creating unique data analytics
                  offerings, and developing go-to-market
                  strategies.




                                     Erich Braun - San Francisco - KPMG U.S. Blockchain
                                      Audit leader
                 Erich assesses blockchain technology and its impact
                  on organizations and on KPMG's Audit practice. He
                  also understands how companies are utilizing
                  blockchain technology and its influence on audit
                  procedures.






     OTHER INFO:          KPMG has dedicated blockchain specialists in 30
                           countries around the world that work with companies
                           in industries including financial services,
                           healthcare and life sciences, industrial
                           manufacturing, telecommunications, retail,
                           technology, and many more.




                          For more information, see KPMG's recent articles:
                  Blockchain promises companies more transparency and
                  trust
                 Will the real blockchain please stand up?






     CONTACT:             KPMG's Jamie Bredehoft at jbredehoft@kpmg.com or
                           201-419-4547.

About KPMG LLP
KPMG is one of the world's leading professional services firms, providing innovative business solutions and audit, tax, and advisory services to many of the world's largest and most prestigious organizations.

KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy.

KPMG LLP is the independent U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's independent member firms have 197,000 professionals working in 154 countries. Learn more at www.kpmg.com/us.

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates. The information contained herein is of a general nature and based on authorities that are subject to change. Applicability of the information to specific situations should be determined through consultation with your tax adviser.

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SOURCE KPMG LLP