IOTA enters Сhinese market

IOTA cryptocurrency starts its journey into the Сhinese market
24 July 2017   9564

A cryptocurrency designed for the Internet of Things, IOTA, enters the Сhinese market, as IOTA team reports on social media.

Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

While Bitfinex, formerly the sole exchange of IOTA, operates in Hong Kong, and offers 3 trading pairs: BTC, ETH, USD, the chinese exchange Bit520 becomes the first exchange in mainland China to offer the CNY trading pare, hence "IOTA starts its journey into the Chinese market".

IOTA enters Bit520 exchange   IOTA enters Bit520 exchange  

That is another small, yet significant step for IOTA cryptocurrency, for which things have been going pretty good lately. 

PwC to Represent Crypto Analysis Tool

Halo aims to provide warranty services to cryptocurrency transactions, in particular, the solution helps to create independent evidence for private-public key pairs
20 June 2019   75

One of the world's largest consulting firms, PricewaterhouseCoopers (PwC), announced the launch of an updated audit solution that supports cryptocurrency assets. This is stated in the press release of the company.

A tool called Halo aims to provide warranty services to cryptocurrency transactions. In particular, the solution helps to create independent evidence for private-public key pairs, which is one of the elements necessary for establishing cryptocurrency ownership rights.

In addition, Halo can collect information about transactions and balances on the blockchain.

As noted in the statement, the decision can be used by companies for which PwC is not an auditor. The initiative should help them try new opportunities and solve problems related to the blockchain and cryptocurrencies.

Currently, PwC can use the updated tool to provide warranty services to customers operating Bitcoin, Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond, LiteCoin, Ethereum, Ripple (XRP), as well as the ERC-20 OAX token.

PwC has been showing quite a strong interest in the cryptocurrency industry for several years now. So, in 2017, the company began accepting payments in Bitcoins, and last year began to develop new standards for the ecosystem of digital assets and stablecoats.