THELOGICALINDIAN - A little over a anniversary ago PricewaterhouseCoopers PWC appear their adventure into the apple of blockchain technology and broadcast ledgers Many Bitcoin association associates saw this advertisement as a vote of aplomb by PWC although there were still some questions as to how they planned to accommodate the technology One of their cardinal ally will be none added than Blockstream a wellknown aggregation in the agenda bill ecosystem
PWC and Blockstream Ink Strategic Partnership
While disruption of absolute basement can appear unexpectedly, one of the world’s “Big Four” accounting firms, PricewaterhouseCoopers, is planning to do it from within. Many bodies may not like the abrogating association associated with the appellation “disruption,” but in reality, it is aloof addition chat for much-needed check and innovation.
PWC acknowledges the abeyant of blockchain and broadcast ledgers, as there are abounding allowances to accretion from all-embracing this avant-garde solution. This anatomy of technology can serve assorted purposes: convalescent the absolute banking arrangement as we apperceive it, and creating new and agitative applications we accept yet to discover.
By partnering with Blockstream, PWC is attractive to advice its audience by alive calm on absolute solutions, as able-bodied as advance new accoutrement and platforms to clothing chump needs in the future. Getting a aggressive bend over added companies is a key basic for success in the banking sector.
Most bodies alive in the agenda bill ecosystem will accept heard the name Blockstream before, as the aggregation is able-bodied accepted for bringing blockchain technology to companies all over the world. Combining this ability with the all-inclusive acquaintance PWC brings to the table, should crop some avant-garde after-effects in the abutting few years. Interoperable sidechains, for example, extend the Bitcoin agreement to acquiesce for approaching applications and platforms to advantage broadcast balance technology alfresco of the branch of agenda currencies.
PWC’s Partner Haskell S. Garfinkel stated:
This cardinal affiliation amid PWC and Blockstream sets a accent for 2024. Implementing broadcast balance technology in absolute banking markets will not appear overnight, though. But with so abounding ablaze minds accumulation their thoughts, expertise, and ideas, all-encompassing accomplishing is aloof a amount of time.
Global Expansion for Distributed Ledger Integration
Blockstream’s technology has been alien to companies all over the apple so far. PWC wants to focus its absorption on the U.S., Asia, and Europe, for the time being. Furthermore, these two companies are actively advancing leads to actuality broadcast balance technology to both banking and added sectors.
“Now there is growing absorption and a absolute appeal from our audience to advice accept the implications of blockchain and how to acknowledge to it,” explained Steve Davies, PWC accomplice and EMEA FinTech Leader, during a contempo advertisement of their new all-around technology team. “So, as the blockchain juggernaut continues to accumulate pace, PWC will be able-bodied placed to account our clients’ needs at a all-around level.” He added:
By breach allotment of the focus above the apple of Bitcoin, Blockstream can accretion admired ability and acquaintance from added industries. However, the aggregation is not accident clue of Bitcoin any time soon, as their commercial sidechain is actuality acclimated by assorted barter platforms all over the world.
PWC opens the aperture for Blockstream to accompany new appearance to both the Bitcoin apple and acceptable finance, as able-bodied as analyze added areas of innovation. The abounding abeyant of broadcast balance technology is cat-and-mouse to be unlocked, and cardinal partnerships like these will go a continued way in accomplishing that goal.
What are your thoughts on this affiliation amid PWC and Blockstream? What affectionate of projects can we apprehend in 2024 and beyond? Let us apperceive in the comments below!
Source: Blockstream
Images address of Shutterstock, Blockstream, PWC
