KPMG Australia has announced the spin-off of its blockchain-powered track-and-trace compliance platform, formerly known as KPMG Origins, into a newly formed independent company named OriginsNext. The transition marks a strategic shift aimed at unlocking the platform’s full potential under separate leadership and branding.
The newly formed startup, OriginsNext, will assume complete ownership of all intellectual property and assets originally developed under KPMG Origins. The platform, widely adopted in industries such as construction, agriculture, and waste management, will now function as an autonomous entity. This move allows it to pursue broader market opportunities, while maintaining a collaborative link with its former parent organization.
Leadership of OriginsNext will be undertaken by Laszlo Peter, who previously held the position of Partner at KPMG and served as the ASPAC Head of Blockchain. Under his direction, the startup aims to expand its footprint across Australia and into global markets, leveraging blockchain and artificial intelligence to build next-generation compliance and transparency solutions.
The separation has been structured in a way that preserves synergy between the two organizations. While OriginsNext will independently manage and evolve the platform, KPMG Australia will retain access to the technology and continue to apply it in its existing service engagements. Additionally, the two entities plan to partner on future client implementations, reinforcing a mutually beneficial relationship.
The leadership at KPMG described the spin-off as an important milestone within the firm’s broader innovation strategy. Executives noted that the decision reflects the company’s approach to co-developing emerging technologies alongside clients, with the intention of scaling successful initiatives beyond the firm’s internal structure. It was emphasized that the blockchain platform had demonstrated its capacity to foster trust and compliance across diverse supply chain ecosystems, having already been deployed effectively across several sectors.
KPMG representatives also remarked that, after nurturing the platform to maturity, the timing was now right for the technology to evolve independently. The firm’s innovation team expressed optimism that OriginsNext, under its new leadership, would continue to advance the platform’s development and application in dynamic, fast-evolving digital environments.
In parallel, OriginsNext’s CEO Laszlo Peter conveyed strong enthusiasm for the platform’s transition into a standalone business. He highlighted the opportunity to expand on the foundations laid within KPMG, and stated that operating independently would enable the team to respond more quickly to changes in industry needs and regulatory landscapes. He also pointed to the platform’s dual emphasis on blockchain and AI-driven solutions as key enablers for enhancing trust, traceability, and operational efficiency in increasingly complex ecosystems.
With the launch of OriginsNext, the blockchain-based compliance solution is poised to take on new challenges in the digital transformation of supply chains and regulatory processes. The shift to a dedicated structure signals both confidence in the platform’s proven capabilities and ambition to accelerate innovation in the space.