VeChain (VET) Shares Details on PWC Partnership

VeChain (VET) Shares Details on PWC Partnership

VeChain (VET) has revealed that it’s partnered with PricewaterhouseCoopers (PWC) and is open to assisting the latter’s clients in integrating distributed ledger technology (DLT) into their operations. VeChain (VET) has been on an upward trajectory in terms of adoption and the price of its native crypto VET, has increased by more than 400 percent in the past two months.

VeChain (VET) Continues Impressive Growth 

Distributed ledger technology (DLT), the building blocks of bitcoin (BTC) and other cryptocurrencies is increasingly making in inroads into several areas of the global economy, and VeChain (VET), a blockchain project focused on enhancing the business processes of enterprises, is one of the networks making mainstream adoption of DLT possible.

According to a tweet by the VeChain team, the firm is now an exclusive partner of PricewaterhouseCoopers (PWC), a global professional services company that provides its clients with a vast array of services, including auditing, tax and consulting, forensics, and more.

While VeChain’s alliance with DNV (formerly DNV GL), a leading Norwegian accredited registrar, quality assurance, and risk management company, has been well documented by the media, its partnership with PWC comes as a surprise and goes a long way to show the project is gradually gaining a global presence.

Exciting Partnerships 

“Vechain is an “exclusive” partner for DNV and PWC, so if any customer from them wants to use blockchain, we will be a part of that,” VeChain tweeted, attracting lots of positive reactions from members of its ecosystem.

Since the launch of the VeChain Thor mainnet in June 2018, the platform has rolled out numerous solutions to tackle various real-life problems and has grown to become the network of choice for enterprises and the VeChain team is also working hard to make the network a major player in the decentralized finance (DeFi) ecosystem.

As reported by BTCManager last November, Health Evolution, a U.S-based supplements manufacturer integrated VeChainThor into its processes in a bid to tackle counterfeiting and boost users’ confidence in its products.

In December 2020, VeChain joined forces with the Royal Melbourne Institute of Technology (RMIT) Blockchain Innovation Hub to carry out research and come up with innovative ways of furthering the growth of the entire blockchain industry.

The dedication and hard work of the VeChain development team has continued to have a positive effect on the price of the digital currency. At press time, the price of VeChain (VET) sits at $0.1327, with a market cap of $8.54 billion, as seen on CoinMarketCap.

Ogwu Osaemezu Emmanuel

Ogwu Osaemezu Emmanuel is a graduate of Mass Communication and Media Studies. He joined the blockchain movement in 2016 when a friend of his introduced him to an investment platform accepting bitcoin. He has never looked back since then. Emmanuel believes the world needs real change and freedom from poverty. He sees crypto and the underlying distributed ledger technology as the catalyst to a better future for all.