Mizuho to invest in Ethereum Startup Omise

Neutrino, the country’s first blockchain space of Ethereum-based startup Omise Japan, will be sponsored by one of Japan’s three so-called ‘megabanks’ Mizuho
25 May 2018   1311

The country’s first specialized blockchain co-working space Neutrino was instituted  by Omise in Tokyo in March of 2018. Omise, a Thai-based launch, sees Ethereum co-founder Vitalik Buterin among its advisors and closed a $25 million ICO in new financing last year to construct a decentralized payments platform Omise Go, powered by OMG, an ERC20 token cryptocurrency. The project aims to advance study to ultimately deploy operational implementations of blockchain tech and cryptocurrency in services and businesses.

One of the largest Japanese banks Mizuho declared on Friday that it will sponsor the coworking space in an arrangement that will also see the bank turn a “long-term tenant” of the coworking space.

Mizuho considers that blockchain is a decentralized technology that will have a transformative impact across industries, beginning it will “simplify and optimize” business operations of different types. In outlining its own aims to implement the technology to deliver better financial services to its customers, Mizuho guesses Neutrino and the interactions within the coworking space “will bring us one step closer to developing commercial applications for blockchain technology.”

In addition to sponsoring Neutrino, Mizuho will be a long–term tenant of the coworking space, and we look forward to finding applications for blockchain technology and being able to develop new business areas together with the wide variety of sponsors, members, and other specialists Neutrino plans to attract.
Mizuho,
Megabank, Japan

Mizuho has experimented and deployed a number of blockchain applications in record keeping, cross-border securities transactions, trade finance with tech partner IBM and document sharing.

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   81

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.