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Chainlink’s Co-founder ‪says collaboration with PwC Germany can boost blockchain adoption ‬

April 1, 2023
in Crypto News
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  • Sergey Nazarov, the Co-Founder of Chainlink has elaborated on its recent partnership with PwC, and its potential impact on enterprises and Capital markets.
  • Chainlink is poised to partner with other leading enterprises in the long-term 

The Co-Founder of Chainlink, Sergey Nararov believes that Chainlink’s partnership with PwC will boost blockchain adoption. Speaking to CNBC, the CEO asserts that the collaboration was an exciting one. He notes that there’s been an uptick in enterprise and capital market interest.

Particularly in merging with crypto and Blockchain systems in the industry. Sergey Nazarov went on to highlight the benefits of the rising interest rate for the Chainlink network. He stressed that Chinalink particularly specializes in connecting these systems to Blockchain, in the most efficient way possible.

“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.” He stated.

On the 22nd of March, Chainlink Labs struck a partnership with PwC Germany. The partnership centers around accelerating the adoption of enterprise blockchain. Chainlink’s Labs will work to support companies working with PwC Germany.

These companies looking to interface with the blockchain economy, but lack the knowledge needed to build smart contracts and operate infrastructure nodes can turn to Chainlink.

On the other hand, PwC will bring its technical expertise and regulatory knowledge to the forefront, to aid customers with the development of compliance and the securing of smart contracts and operating infrastructure.

PwC Germany maintains committed to pioneering the adoption of the blockchain technology

PwC Germany is a leading auditing and consulting services organization in Germany. The firm has dipped its foot into the blockchain industry in the past.

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The firm took part in building in-house blockchain solutions like Blockchain Explorer and Transaction Analyzer – BETA. PwC Germany also developed solutions like Travel Rule Integration, Tokenization Framework, Smart Contract Formal Verification Framework, and Digital Asset Valuation Model.

The firm remains passionate about Blockchain technology and recently published a report titled “Time for Trust.” In the report, the firm denotes the potential that blockchain technology has to drive fundamental change in the corporate world.

The Chainlink boss is certain that interactions with Capital markets and enterprises will scale up significantly, thanks to the partnership.

“So the partnership with PwC is one of many that we are going to focus a lot on, that is going to scale up that interaction with Capital markets and enterprises, by allowing PwC to basically help them implement this efficient way of interacting with Blockchains, which is what Chainlink does.” He told CNBC.

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The market might witness Chainlink record more partnerships with other leading enterprises, as Nazarov explains that he has maintained continuous communication with Capital market CEOs.

There’s been a renewed level of interest amongst that demographic, he stressed. Nazarov is sure that the increased interest has little to do with speculations and much more to do with the value of the technology.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.


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