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Blockchain Brunch Hamptons White Party • August 21, 2018

 With the SEC decision on the third Bitcoin ETF likely just four weeks away. Right now, there is no better…

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Tag: accounting

Cryptocurrency Project Tezos Appoints PwC as Independent Auditor

Category: Altcoins, Business, Finance, News

Cryptocurrency Project Tezos Appoints PwC as Independent Auditor

Controversial cryptocurrency company Tezos revealed on July 24, 2018, that “Big Four” auditor PricewaterhouseCoopers (PwC) will conduct a due financial audit of the Tezos Foundation. Tezos Employs PwC As stated in an official press release, PwC’s Swiss branch has been appointed as a third-party auditor to scrutinize Tezos’ operations and finance books. Tezos noted the development is the world’s first…

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EY Buys Cryptocurrency Accounting Technology as Institutional Investors Prepare to Enter Market

Category: Adoption, Bitcoin, Blockchain, Business, Finance, News

EY Buys Cryptocurrency Accounting Technology as Institutional Investors Prepare to Enter Market

Global professional services group Ernst & Young (EY) has announced on July 19, 2018, its acquisition of Andy Crypto-Asset Accounting and Tax (CAAT), a cryptocurrency accounting and regulatory compliance technology solution from Elevated Consciousness, a San Francisco startup that specializes in developing crypto asset solutions. EY announced through its Americas Tax Innovation Foundry. Why CAAT and why now? CAAT is…

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Ethereum-Based Payment Platform, Request Network, Announces Blockchain Partnership with PwC

Category: Blockchain, Business, Ethereum, News, Tech

Ethereum-Based Payment Platform, Request Network, Announces Blockchain Partnership with PwC

In a massive step towards cryptocurrency adoption as a whole, Request Network signed a partnership with PwC France, as announced in Singapore on March 26, 2018. Request Network is a decentralized network that allows anyone to request a payment for which the recipient can pay securely. This innovation results in cheaper, easier, and more secure payments, and provides for a…

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PwC Acknowledges “The Future,” Set To Launch Blockchain Auditing

Category: Blockchain, Business, News, Tech

PwC Acknowledges “The Future,” Set To Launch Blockchain Auditing

On March 19, 2018, the “Big Four” accounting firm PWC and Northern Trust, a U.S custody bank, have jointly announced the release of new tools to give private equity fund auditors fast access to data stored on its private blockchain. The move effectively lays the foundations for large-scale adoption of blockchain-based platforms by traditional businesses. Expanding a Client Base with…

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Feature Interview: Subledger’s Quest to “Unlock the Flow of Value” in Accounting

Category: Business, Finance, Interviews, News, Tech

Feature Interview: Subledger’s Quest to “Unlock the Flow of Value” in Accounting

The explosive trajectory of blockchain innovation has been nothing short of remarkable. The technological applications ensuing from these efforts are poised to disrupt a wide swath of professional fields and industries. This is particularly true for the accounting profession and its ledger-centric model for managing large amounts of financial data. The blockchain in its fullest iteration virtually eliminates the need…

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