Fun

Big Four Company KPMG to Examine New Business Models in the Metaverse

News Feed - 2022-11-19 08:11:55

Big Four Company KPMG to Examine New Business Models in the Metaverse


KPMG, one of the “big four” companies in the consulting and auditing business, is appointing a new head of metaverse futures. The new position, to be occupied by Alyse Sue, will be dedicated to the implementation of technologies such as metaverse and crypto to find fresh business models for the company, as other big four companies are already doing. KPMG to Focus on the Metaverse


The metaverse is gaining the attention of many large institutions, currently researching the future of this tech to offer services based upon it. KPMG, one of the biggest companies in the auditing business, has appointed a new head of metaverse futures, with the aim of debuting new business models based on cryptocurrency and metaverse tech.


The new position will be occupied by Alyse Sue, who has a background in software engineering, and has already been involved in the founding of two Web3-related startups: Transhuman Coin and Futrdao. Sue will be in charge of developing this new area in the company, surveying the ideas and needs that customers have regarding the metaverse.


Sue believes that we are at the start of the demand for this kind of service and that businesses are still examining the applications of these technologies. She stated: Businesses are looking for subject matter expertise to guide them in terms of how they can use the metaverse to discover new use cases or new revenue drivers for their business and how they can engage new target markets. A Metaverse Goal


While Sue is the first head of metaverse futures, the company already an idea of the tasks this new division will explore. According to James Mabbott, head of KPMG’s futures, the company has been getting an “ever-increasing number of inquiries” when it comes to customers and the use of metaverse and Web3 technologies, so it expects new business models to arise from these interactions.


KPMG is optimistic about the future of metaverse tech and about the amount of revenue it might achieve by offering these services in the future. Sue stated: My objective is to build a multi-million-dollar business for KPMG by 2025. What that exact figure means is yet to be discovered, but we are looking to build a sustainable business by that time frame.


Other big four companies have already jumped onto the metaverse bandwagon. On Oct. 26, EY announced it was introducing metaverse functionality for its Wavespace group utility app, allowing customers to meet in the metaverse. Tags in this story Alyse Sue, Auditing, Big Four, Consulting, EY, james mabbott, KPMG, Metaverse, wavespace


What do you think about KPMG’s metaverse push? Tell us in the comments section below. Sergio Goschenko


Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved. Apple Could Be Developing Its Own Metaverse Platform METAVERSE | 1 day ago Renault Launches Its Industrial Metaverse, Aims to Save $330 Million by 2025 METAVERSE | 3 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons, Tupungato / Shutterstock.com Previous articleFTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItRipple CEO: SEC Lawsuit Over XRP "Has Gone Exceedingly Well"


The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.Today"s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments Goldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn"t Be Surprised if Stocks Fell 40% Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike

News Feed

Biggest Movers: SOL Over 8% Higher to Start the Week
Biggest Movers: SOL Over 8% Higher to Start the Week Solana rose by as much as 8% to start the week, as the token moved toward a one-month high. The token climbed for a second stra
California DMV putting vehicle titles on a subnet is innovation theater
Omid Malekan3 hours agoCalifornia DMV putting vehicle titles on a subnet is innovation theaterIt would be harder than putting VINs on a private subnet, but how about allowing vehicle owners to get zero-knowledge proof of
Robert Kiyosaki Says He Likes Bitcoin — Calls BTC ‘People’s Money’
Robert Kiyosaki Says He Likes Bitcoin — Calls BTC "People"s Money" The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he likes bitcoin, calling t
Brayden Lindrea4 hours agoSEC’s Gary Gensler believes AI can strengthen its enforcement regimeThe Securities and Exchange Commission chair highlighted market surveillance and other instances where agency staff could be
DeFi bull market confounds expectations with RWAs and ‘recursive airdrops’
Robert D. Knight10 hours agoDeFi bull market confounds expectations with RWAs and ‘recursive airdrops’Industry figures assess the state of decentralized finance in 2024 and whether it is developing as expected.641 To
Billionaire Mike Novogratz Says Bitcoin Market Is ‘in Good Shape’ — China Has ‘Less and Less’ Influence Over Crypto
Billionaire Mike Novogratz Says Bitcoin Market Is "in Good Shape" — China Has "Less and Less" Influence Over Crypto The billionaire investor and CEO of Galaxy Digital, Mike Novog
Lionel Messi promotes Solana memecoin on Instagram
Vince Quill4 hours agoLionel Messi promotes Solana memecoin on InstagramThe soccer legend touted Watercoin, a memecoin purportedly focused on raising awareness and providing solutions for ecological issues.3594 Total vie
XTRA: The Revolution Staking Platform
XTRA: The Revolution Staking Platform sponsored XTRA is a DeFI staking platform that offers over 14,7 to 45,2% APY. It is trustless, capital-backed, secure, powerful, extremely prof
Crypto Seen as Investment Opportunity in the MENA Region Says Iceberg Capital Executive Chairman
Crypto Seen as Investment Opportunity in the MENA Region Says Iceberg Capital Executive Chairman While interest in digital assets has waned in some parts of the world, in the Middl
Polkadot (DOT) Breakout Looms With $17 Target In Sight – Details
Este artículo también está disponible en español. The Polkadot (DOT) market endured a rather turbulent trading week marked by significant losses. According to data from C
Blockdaemon gets greenlight for UAE expansion in Abu Dhabi
Savannah Fortis13 hours agoBlockdaemon gets greenlight for UAE expansion in Abu DhabiBlockdaemon gets the go-ahead for further expansion in the UAE with a new office in Abu Dhabi to boost web3 growth and push for institu
Bitcoin, Ethereum Technical Analysis: ETH Falls to 9-Day Low Below $1,300
Bitcoin, Ethereum Technical Analysis: ETH Falls to 9-Day Low Below $1,300 Ethereum fell to a nine-day low during Tuesday’s session, as the U.S. dollar rose to a two-week hig