The man who helped turn Deloitte’s global blockchain practice into a $50 million operation has left the company.
After growing the Big Four accounting firm’s blockchain team from three people in 2012 to 1,200 people today, global blockchain lead Eric Piscini is striking out on his own, though he’s not exactly starting from scratch.
After being approached by multiple Deloitte clients, Piscini earlier this year hitched his wagon to early-stage startup Citizens Reserve, which is currently raising $150 million to move the world’s fragmented supply chain networks to a blockchain.
Or to be more accurate: two blockchains.
At the top of a number of unusual technological innovations being undertaken by the Los Gatos, California-based LLC is a software bridge that connects the public Ethereum blockchain to a permissioned blockchain called Quorum originally designed by JPMorgan Chase & Co.
It is this combination of the public blockchain infrastructure that powers the $66 billion Ethereum cryptocurrency, with a private solution designed to help JPMorgan and others comply with regulatory restrictions that Piscini thinks is primed to make supply chain the next big industry to be disrupted by the technology.
“We are building the Ethereum of supply chain,” said Piscini, who has helped grow the company from eight employees when he was brought on board earlier this year to 18 employees today.