Chainlink’s co-founder says collaboration with PwC Germany could boost blockchain adoption

• Sergey Nazarov, co-founder of Chainlink, has elaborated on his recent partnership with PwC, and its potential impact on businesses and capital markets.
• Chainlink is ready to cooperate with other leading companies in the long term

Co-founder of Chainlink, Sergey Nararov, believes that Chainlink’s partnership with PwC will increase blockchain adoption. Talking to CNBC, the managing director claims that the collaboration was exciting. He notes that there has been an increase in interest in companies and capital markets.

Especially when 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 emphasized that Chinalink particularly specializes in connecting these systems to Blockchain, in the most efficient way possible.

“We see a lot of interest from companies and capital markets to integrate with blockchains and integrate with cryptocurrency systems, which is what we specialize in, in our work with Chainlink. It’s literally in the name Chain Link; we connect these systems to different blockchains very effectively.” He stated.

On 22 March, Chainlink Labs entered into a partnership with PwC Germany. The partnership is about accelerating the introduction of enterprise blockchain. Chainlinks Labs will work to support companies working with PwC Germany.

Those companies that want to communicate 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 help clients with the development of compliance and securing smart contracts and operational infrastructure.

PwC Germany remains committed to pioneering the use of blockchain technology

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

The firm participated in building internal blockchain solutions such as Blockchain Explorer and Transaction Analyzer – BETA. PwC Germany also developed solutions such as 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 states the potential that blockchain technology has to drive fundamental change in the corporate world.

The Chainlink CEO is confident that interactions with capital markets and businesses will scale up significantly thanks to the partnership.

“So the partnership with PwC is one of many that we’re going to be focusing a lot on, which is going to scale up the interaction with capital markets and businesses, by having PwC 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 may witness Chainlink registering more partnerships with other leading companies, as Nazarov explains that he has maintained continuous communication with CEOs in the capital market.

There has been a renewed level of interest among that demographic, he emphasized. Nazarov is sure that the increased interest has little to do with speculation and much more to do with the value of the technology.

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