PwC Switzerland Partners Smart Contract Auditing Team ChainSecurity
Adrian Zmudzinski's original article for cointelegraph.com reduced by 71%
Smart contract auditing team ChainSecurity partnered with the Swiss branch of Big Four auditing firm PwC to enhance the services the global auditor provides. In an email sent to Cointelegraph, a PwC spokesperson explained that no acquisition took place and multiple ChainSecurity teams joined the firm. "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." Krieger noted that Chainsecurity COO Matthias Egli and CTO Hubert Ritzdorf will be leading the firm's Smart Contract's Assurance team together.
"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." "While ChainSecurity previously was only able to offer their technical expertise, in connection with PwC Switzerland they can offer a more useful and more coherent service to their customers. PwC's broad competences around regulatory concerns, ranging from data privacy over compliance to KYC/AML, enable the newly joint team to offer broader and more comprehensive services." As Cointelegraph reported in January, the team also discovered a security vulnerability in an Ethereum update.
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CN [too long; didn’t read]
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