Share this article
Over 30: Deloitte Adds 'Mercury' Project to Blockchain Prototypes
Deloitte has unveiled a new trade finance initiative, one that adds to its growing list of blockchain projects
By Pete Rizzo
Updated May 9, 2023, 3:03 a.m. Published May 22, 2017, 8:45 p.m.
Deloitte has unveiled a new trade finance proof-of-concept, a milestone that helps to bring the total number of blockchain projects in its portfolio to more than 30.
Called Deloitte Mercury, and revealed formally at CoinDesk's Consensus 2017 conference in New York today, the platform uses a blockchain-based infrastructure to explore newer models of credit and funding guarantees, representing and codifying obligations between parties via smart contracts.
STORY CONTINUES BELOW
Jangan lewatkan cerita lainnya.Berlangganan Newsletter Crypto Daybook Americas hari ini. Lihat semua newsletter
Notably, the effort is being positioned by the professional services firm as one that could have the biggest impact on enterprise firms. Already, Deloitte is testing Mercury with the Hong Kong Monetary Authority (HKMA), as well as a slew of partner banks in Asia.
Still, as Deloitte principal Eric Piscini articulated, the idea is to grow the Mercury platform even further, to encompass more participants along the global supply chain.
Piscini told CoinDesk:
"This is the expansion on that foundation. We need participation in Europe, Asia and to expand the platform."
In the months ahead, Piscini said Deloitte will be working to send real transactions on the platform, which to date it has not done as part of its work with HKMA. Despite the increasing work on the use case, only a few trade finance trials have yet graduated to this point.
Deloitte believes that adoption is around the corner, however, given that the platform can reduce costs and open up new revenue opportunities.
Elsewhere at Consensus 2017, Deloitte showcased a number of other technical platforms built on blockchain tech, including 'Regchain', a regulatory reporting platform it believes could become a significant tool in its arsenal.
Also demonstrated were technical builds focused on know-your-customer regulations, real estate leasing and mutual fund administration.
Sea freight image via Shutterstock; Mercury logo image via Deloitte
Lebih untuk Anda
Yang perlu diketahui:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Lebih untuk Anda
After 2025’s Test Run, Crypto IPOs Face Their Real Trial in 2026
"2026 is where we find out if crypto IPOs are a durable asset class," according to Laura Katherine Mann, a partner at global law firm White & Case.
Yang perlu diketahui:
- 2025 is the test-case year for crypto IPOs, but 2026 will be the real verdict, when markets decide if digital asset listings are a durable asset class or just a bull-market trade, says White & Case partner Laura Katherine Mann.
- The 2026 roster skews toward financial infrastructure, regulated exchanges and brokerages, custody and infrastructure providers, and stablecoin payments and treasury platforms.
- A more constructive U.S. regulatory backdrop and rising institutionalization support the IPO window, but Mann says valuation discipline, macro risk and crypto price action will determine how many deals actually make it to market.
Top Stories
