PwC Digs Further into Blockchain, Acquires Minority Stake in VeChain

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PwC Digs Further into Blockchain, Acquires Minority Stake in VeChain

Postby kreslik.news » Thu May 03, 2018 3:01 pm


PwC, an accounting powerhouse with over 220,000 employees and ‎a $36 ‎billion annual revenue, has made its first official ‎investment in the blockchain industry. The company’s arms in Hong ‎Kong and Singapore have each acquired a small ownership interest ‎in VeChain, a blockchain-based anti-counterfeit and supply chain startup out of ‎China.‎

The investment is thought to provide PwC with VeChain’s trust ‎based services through its platform, which will require the use of ‎VeChain Tokens to access and perform transactions. VeChain’s platform ‎has already been adopted by several established companies as part of their production ‎system across various‎ industries.‎

VeChain is a subsidiary ... (read more)

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