PwC Switzerland Partners with ChainSecurity

Suzat

January 12, 2020 11:17 pm

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ChainSecurity Smart contract auditing firm has partnered with PwC the Swiss branch of Big Four auditing firm to increase the services the global auditor provides. A PwC spokesperson explained to Cointelegraph that no acquisition took place and multiple ChainSecurity teams joined the firm. The Press Release published on Jan. 5 stated that PwC with ChainSecurity’s team, the firm will become “the world’s leader in smart contract auditing.” 

Andreas Eschbach, PwC Switzerland and Europe head and partner of risk auditing said: 

“As an integral part of PwC Switzerland, the team of ChainSecurity will focus on accelerating PwC Switzerland blockchain audits, including technical audits of smart contracts and blockchain platforms as well that risk hedging services for customers with crypto assets.”

Konradin Kriege, PwC’s manager and leader of the team of external communications added that no actual acquisition took place. He said that “the core delivery and development teams from ChainSecurity joined PwC Switzerland.”

Krieger mentioned that Chainsecurity COO Matthias Egli and CTO Hubert Ritzdorf will be leading the firm’s Smart Contract’s Assurance team together. 

He added:

“We expect market demands to increase quickly as blockchain becomes more mainstream and, as demonstrated with bringing in the ChainSecurity team, we are very invested in building up our capabilities around blockchain in a way where we are ahead of the market. We will continue to grow the team to anticipate these needs based on how we see the market developing.”

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