- Chainlink’s partnership with PwC is expected to boost the adoption of blockchain technology in the corporate world.
- PwC Germany has been active in the blockchain industry, and the collaboration will offer support for companies that want to interface with the blockchain economy but lack the knowledge needed to build smart contracts.
Sergey Nararov, the Co-Founder of Chainlink, believes that the recent partnership between Chainlink and PwC will lead to a surge in enterprise and capital market interest in blockchain technology. In an interview with CNBC, Nararov expressed his excitement about the partnership and emphasized that Chainlink specializes in efficiently connecting various systems to different blockchains. He added that there has been an increasing interest rate in integrating with blockchains and cryptocurrency systems, especially in the industry.
On March 22, Chainlink Labs entered into a partnership with PwC Germany, with the goal of accelerating the adoption of enterprise blockchain. Chainlink Labs will provide support to companies that work with PwC Germany and want to interface with the blockchain economy but lack the technical knowledge to build smart contracts and operate infrastructure nodes. PwC Germany, on the other hand, will bring its regulatory knowledge and technical expertise to help clients with compliance development, smart contract securing, and operating infrastructure.
PwC Germany is a leading auditing and consulting services organization in Germany and has shown a keen interest in blockchain technology. In the past, the firm has developed in-house blockchain solutions like Blockchain Explorer, Transaction Analyzer – BETA, Travel Rule Integration, Tokenization Framework, Smart Contract Formal Verification Framework, and Digital Asset Valuation Model. PwC Germany also recently published a report titled “Time for Trust,” which highlights the potential of blockchain technology to drive fundamental change in the corporate world.
Nararov is confident that the partnership between Chainlink and PwC will significantly increase interactions with capital markets and enterprises. He believes that this will be just one of many partnerships that Chainlink will focus on, which will result in an efficient way of interacting with blockchains. Nararov expects more partnerships with leading enterprises as he has maintained continuous communication with capital market CEOs, who have shown an increasing interest in the value of blockchain technology.
“We are seeing a lot of enterprise and Capital market’s interest in integrating with Blockchains and integrating with cryptocurrency systems, which is what we specialize in, in our work on Chainlink. It’s literally in the name Chain Link; we connect these systems to various Blockchains very efficiently,” said Sergey Nararov, the Co-Founder of Chainlink, as he spoke with CNBC about the company’s partnership with PwC
In conclusion, Chainlink’s partnership with PwC is expected to revolutionize the blockchain industry and boost blockchain adoption in the enterprise world. With Chainlink’s expertise in connecting systems to blockchains and PwC’s regulatory knowledge and technical expertise, the partnership will undoubtedly help clients develop compliance, secure smart contracts, and operate infrastructure with ease.