Blockchain services provider VeChain has announced it will take part in an incubation program of global accounting company PwC to expand the use of the blockchain technology in Asia.
The Estonia-based blockchain company unveiled during the last week’s Qtum event that it is planning to use the startup’s technology for its smart contracts platform.
The Qtum Foundation aims at wider blockchain adoption and makes great efforts to adapt existing products and services for the new technology.
Leading Professional Service Provider PwC Is Supporting Qtum’s Efforts to Fuel Blockchain Adoption Across Global Business Sectors.
One of the leading consulting services companies has developed a new platform that will enable digital assets to be used for a range of services, including everyday commerce, banking, and other personal currency and asset related services.
According to Seamus Cushley, financial organizations all over the world see a great potential in the blockchain technology trying to adopt it to various services.
PwC reports that traditional financial services companies believe part of their business is at risk of being lost to standalone FinTech companies.