PwC Germany and Chainlink, two large companies in different sectors with an international presence, have joined forces to consolidate a strategic partnership that will accelerate the adoption of blockchain technology in business environments.
The German office of PwC, one of the world’s largest auditing and advisory firms, has partnered with Chainlink Labs, the Web3 company developing the industry’s largest on-chain oracle network to connect blockchain with real-world data.
The alliance between both companies seeks accelerate the adoption of blockchain technology at the enterprise level, especially in key sectors such as capital markets.
The strategic union of these two companies seeks to apply a combination of innovative tools that will energize the companies that work with PwC Germany. This will be possible through a scheme through which Chainlink Labs can provide its services to these companies, which wish to interact with blockchain technology but lack the experience and adequate resources to develop smart contracts and operate with the node infrastructure.
In a releaseChainlink explained that companies working with PwC Germany will be able to develop smart contracts and securely operate blockchain infrastructure “as they leverage the power of Chainlink middleware.”
The on-chain oracle network helps reduce the complexity of using blockchain technology, accelerating its adoption by companies so that they can unlock their potential, in order to connect their systems with the blockchain to generate greater productivity and business profitability, said Chainlink Labs.
PwC Germany will also contribute its years of technical experience in auditing and consulting services to companies of various sizes. Companies receiving services from PwC Germany will thus benefit from this strategic partnership in two ways.
PwC Germany’s Digital Assets and Cryptocurrency Technology Interest Group Leader Dimitri Gross highlighted the company’s eagerness to “empower businesses with the knowledge, integrations and solutions they need to seamlessly and securely interact with the growing blockchain economy.”
In addition to its recent partnership with Chainlink, PwC’s German subsidiary has been familiar with blockchain technology for some time now. The company has been involved in the development of various solutions, such as Blockchain Explorer and Transaction Analyzer (BETA), among others, as well as the metaverse.
In fact, PwC became the first professional services firm to purchase a virtual plot of land in The Sandbox, a blockchain metaverse based on the Ethereum network.
Continue reading: PwC, the first professional services company to enter The Sandbox metaverse
