- PwC will help customers develop secure, fully operational smart contracts
- Web3 middleware leader Chainlink will make blockchain tech less complicated for enterprises
Chainlink Labs announced a strategic partnership with PwC Germany to speed up blockchain adoption on an enterprise level, Bankless Times learned from a press release.
Chainlink Labs, a develop of Chainlink, will support businesses that work with PwC Germany and want to become part of the blockchain economy, but don’t have enough experience to run nodes and develop smart contracts.
Developing secure and compliant smart contracts
PwC brings its regulatory experience and solid technical expertise to the partnership. The global auditing leader will help customers develop secure, fully operational smart contracts and run infrastructure.
With both organizations’ support, enterprises will be able to find customized blockchain solutions utilizing the capacities of Chainlink middleware.
Overcoming historic technical barriers
Smart contracts and blockchains have the potential to reshape global industries. Technical barriers such as limited network interoperability and unsecured connections between enterprise systems have historically prevented blockchain adoption.
As a Web3 leader in blockchain middleware, Chainlink will help make blockchain tech less complicated for enterprises. They will unlock its potential to augment their productivity and profitability.
Effective in-house blockchain solutions
PwC Germany has developed its own proprietary blockchain solutions, such as BETA, Digital Asset Valuation Model, Tokenization Framework, and Travel Rule Integration. They provide ecosystem management, technology assessment and strategy, specialized consulting, and more.
In their report "Time for Trust," PwC Germany draws attention to the potential of blockchain technology to bring major changes to economic processes, business, and society as a whole. Chainlink Labs business development director William Herkelrath said:
We're excited to support PwC Germany through this strategic collaboration, which will help enterprises securely connect their existing systems to all major blockchain networks.
Dimitri Gross, Technology Interest Group Lead for Digital Assets and Crypto at PwC Germany, added:
PwC Germany and Chainlink Labs aim to help accelerate enterprise adoption of blockchain technology in key enterprise sectors such as capital markets, ushering in a new era of transactional security, transparency, and efficiency.
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