{{item.title}}
{{item.text}}
{{item.title}}
{{item.text}}
Organisations are rapidly changing their way of work and how they capitalise on new technologies. Advances in the digital landscape, including blockchain, have revolutionised the asset exchange between multiple parties. Blockchain uses a decentralised mechanism to establish credibility of transactions and balances without need for a trusted intermediary.
But new opportunities bring along new challenges. The rapid growth in crypto assets and blockchain solutions is accompanied by important trust issues, and one of the greatest challenges is to verify and secure ownership and transactions.
«We assist professionals by providing blockchain assurance services to organisations engaged in crypto asset activities. We strengthen confidence in the growing blockchain and DLT ecosystem, empowering organisations to invest and innovate safely.»
In the complex world of blockchain and crypto assets, we help you seize the opportunities and address the challenges – by supporting you to implement the processes and controls needed to obtain assurance reports from your blockchain auditor or by auditing these processes and controls and issuing assurance reports. Our strong expertise and technology-enabled audit solutions allow us to conduct financial and regulatory audits for blockchain-enabled businesses.
«With the launch of the control based crypto audit approach and the Halo crypto solution, we are well positioned to increase trust in the nascent crypto and tokenisation ecosystem by providing audit and other assurance services to clients holding or transacting in crypto assets.»
At PwC, we have developed a specific audit methodology and supporting tool to provide assurance services for entities engaging in crypto asset transactions. We are the first provider with a tool that complements our audit methodology by independently verifying an entity’s access to a specific blockchain address and independently summarising crypto asset transactions and balances recorded on that address. Our ability to employ such a proprietary tool is unique.
Our new Halo crypto solution – an important addition to our Halo suite of auditing tools – combines our PwC audit methodology with a supporting tool to help us provide assurance services for entities engaging in crypto asset transactions, including financial audit and control reporting services (using the ISAE and SOC standards).
In an environment where robust controls have been proven effective throughout a business’ crypto asset activities, our Halo solution:
PwC is an Ecosystem Network Partner to CV Labs. Through our partnership we cooperate with CV Labs in providing thought leadership for events, co-author the Global Top 50 report and contribute in the CV Labs Incubator Program.
We joined Crypto Valley Association's cybersecurity working group and took part in creating the new guidelines on trusted key ceremony best practices. These guidelines aim to improve awareness of the importance of protecting digital assets in a safe and secure way.
Watch the presentation of the publication on key ceremony best practices here:
This report offers an overview of the mergers and acquisitions (M&A) and fundraising deals within the global crypto market. In 2022 the total number of deals reached a record high, but the total deal value fell by 70% compared to 2021, mainly due to the current market turmoil. While the US remained the most prominent market for M&A in crypto in 2022, recent regulatory developments may start to drive capital flow towards EMEA and APAC which offer regulatory clarity.
Find out more by downloading the full report:
https://pages.pwc.ch/core-contact-page?form_id=7014L000000Pm6zQAC&embed=true&lang=en