The Big Four and the world’s largest consulting firm, PricewaterhouseCoopers (PwC), announced the launch of an updated audit solution that supports digital currencies. This is reported in the press release of the company.
The new tool was called Halo and was created to provide warranty services to entities performing cryptocurrency operations. For example, such a decision will help establish ownership of digital assets by creating independent evidence for private-public key pairs.
In addition, the new tool is able to collect and store information about the transactions and the current balance of accounts. In PwC, they note that in order to use a company’s program it is not at all necessary to be a client of a consulting firm. According to company representatives, this initiative should “help them try new opportunities and solve problems related to the blockchain and cryptocurrency.”
Now, for all of its customers who make transactions with different types of Bitcoin (Bitcoin, Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond), as well as Litecoin, Ethereum, Ripple PwC can provide warranty services using a personal updated tool.
Note that over the past few years, PwC has shown quite a strong interest in the cryptocurrency industry. Back in 2017, the company became one of the first international companies accepting payments in Bitcoins. And since mid-2018, PwC has been actively developing new standards for the ecosystem of digital assets and stablecoins.