Chainlink Labs and PwC Germany Announce Strategic Joint Business Relationship to Accelerate Enterprise Blockchain Adoption
PwC will become a technology integration and development partner with Chainlink Labs
SAN FRANCISCO, March 22, 2023 /PRNewswire/ — Chainlink Labs, a developer of Chainlink, the industry-leading Web3 services platform, announced today that it has entered into a strategic joint business relationship with PwC Germany to help accelerate enterprise blockchain adoption.
The fastest growing network of enterprise oracle nodes – Chainlink offers the most tested oracle infrastructure to help enterprise systems securely access the rapidly growing blockchain economy.
In this collaboration, Chainlink Labs will help companies working with PwC Germany that want to communicate with the blockchain economy, but lack the expertise to develop smart contracts and operate node infrastructure. PwC adds its strong technical expertise and regulatory understanding as leverage to help clients develop compliant and secure smart contracts and operate infrastructure. Backed by the expertise of both organizations, businesses will be helped to develop tailored blockchain solutions that harness the power of Chainlink middleware.
Blockchains and smart contracts are poised to fundamentally reshape global industries. However, enterprise blockchain adoption has historically been hindered by technical obstacles such as a lack of secure connectivity between enterprise systems and blockchains and limited interoperability between different networks in the chain. As the market-leading blockchain middleware for the entire Web3 ecosystem, Chainlink helps reduce the complexity of blockchain technology for businesses, helping them unlock its potential to generate business productivity and profitability.
PwC Germany has been involved in blockchain technology through developing internal blockchain solutions such as Blockchain Explorer and Transaction Analyzer – BETA, Tokenization Framework, Smart Contract Formal Verification Framework, Digital Asset Valuation Model and Travel Rule Integration. They also offer a range of services such as technology assessment and strategy, ecosystem management, technology consulting and more. The organization’s recent report “Time for Trust” further highlights how blockchain technology has the potential to bring fundamental changes to the corporate world, financial processes and society as a whole.
“We are pleased to enter into a strategic partnership with Chainlink Labs as an integration and development partner to help accelerate enterprise adoption of blockchain technology” said Dimitri GrossDigital Assets Technology Interest Group Leader and Crypto at PwC Germany. “PwC Germany and Chainlink Labs aim to help accelerate enterprise adoption of blockchain technology in key business sectors such as capital markets, ushering in a new era of transaction security, transparency and efficiency. We are excited to empower businesses with knowledge, integrations, and solutions that need to interface seamlessly and securely with the growing blockchain economy.”
“We are pleased to support PwC Germany through this strategic collaboration, which will help businesses securely connect their existing systems to all major blockchain networks,” said William Herkelrath, Executive Director of Business Development for Chainlink Labs. “By interacting with the blockchain economy through Chainlink, businesses can begin to realize the transformative power of smart contracts and blockchain oracles.”
About Chainlink
Chainlink is the industry standard Web3 service platform that has enabled trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain calculations across all blockchains, providing global enterprises with a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, contact an expert.
About PwC Germany
Build trust in society, solve important problems.
When it comes to auditing and consulting, PwC supports clients from all industries to achieve their goals. We advise companies as well as family-owned companies, industrial and service companies, global players and local heroes, the public sector, organizations and NGOs. With our knowledge and expertise, around 600 partners and more than 13,000 experts at 21 locations in Germany support our customers in finding solutions to complex issues in a rapidly changing world – in line with our mission statement “Build trust in society, solve important problems”.
SOURCE Chainlink Labs
