RATE Group | PwC teams up with Cred to build trust in cryptocurrency ecosystem
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PwC teams up with Cred to build trust in cryptocurrency ecosystem

08 Oct PwC teams up with Cred to build trust in cryptocurrency ecosystem

Posted at 19:18h in Cryptocurrency News by

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PwC, one of the biggest accounting and professional services firms in the world, is teaming up with cryptocurrency startup Cred to develop standards that will build trust in the wild and woolly crypto ecosystem.

The goal is to put standards in place to support the next 10 million users of cryptocurrency assets. It’s another sign that blockchain and cryptocurrency have hit the big time. IBM recently said it had 1,500 people working on blockchain tech.

In July, Cred launched a mobile app that allows people to invest small amounts of money in cryptocurrencies. The iOS and Android app is aimed at solving problems around access and transparency associated with buying cryptocurrencies.

“We are excited to work with Cred to help increase industry awareness regarding how the asset-backed digital token ecosystem can be secured and scaled on behalf of participants along the digital asset value chain,” said Grainne McNamara, U.S. blockchain and cryptocurrency leader at PwC,…

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