UChain partners with APEX Network

The blockchain for Smart Sharing Economy UChain announced its partnership with a next-generation blockchain for B2C applications APEX Network
06 June 2018   1214

A blockchain project of a leading data technology and AI company APEX Technologies - APEX Network, is teaming up with UChain. The partnership is a distinctive case of a cross-chain synergy: UChain will be able to utilize APEX's proprietary consumer data protection module ATDM to help encrypt and protect consumer data with off-chain storage and on-chain indexing.

The partnership also creates an interoperability of tokens and assets across the two chains. Thus holding and interchangeability of the other blockchain's token in each project's respective wallets is also possible.

UChain also gets to use APEX Technologies' business-to-consumer ecosystem that intersects with sharing economy. Respectively, APEX Network will have access to interact and tap into UChain's large business and consumer user ecosystem. UChain is the first public blockchain for enterprises that allows building dApps with a focus on the sharing economy.

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.