The controversial cryptocurrency company Tezos revealed on July 24, 2018 that "Big Four" auditor PricewaterhouseCoopers (PwC) will conduct a proper financial audit of Tejos Foundation.
Tezos Employee PWC
As stated in an official press release, the Swiss branch of PwC has been appointed as third party auditor to investigate Tzosz's operations and finance books.
Tezos said that development is a first example of a "Big Four" company that accepts a cryptrocreative firm as a customer. The company believes that this step helps to strengthen its position as a top-level digital asset project; in recent days the cryptocurrency reduces the doubts and concerns the community has made.
The release says that the foundation is committed to operating with the highest level of integrity in the cryptosurcency area and it focuses on the Tezos protocol, community, and ecosystem.
In June 2018, Tezos started the beta phase testing of its mobile app. For an irregular, platform is a "self-correcting" distributed account for cryptocurrency, which allows other protocols to "layer" at the top of the "lace" framework for verification and verification of the transfer.
At present, there are only 26 validities in the Tezos network, of which eight founders of foundations are running their own nodes.
"Big Four" Blockchen Push
PwC is actively involved in blockchain space with other auditors. In November 2017, the company began accepting acceptance of acceptance services for its consulting services in Hong Kong.
In March 2018, the American branch of PwC partnered with the institutional custodian bank Northern Trust to provide blockchain-based data storage facilities for later customers, followed by the immediate payment protocol request network with partnership in the same month. At that time, PwC reported growth in the customers expressing interest in implementing blockchain technology in their existing structure.
Meanwhile, Ernst & Young (EY), part of the respected group of auditors, is taking steps in the cryptocracy.
On July 24, 2018, BTC manager acquired the company Andy Crypto-Asset Accounting and Tax (CAAT), a cryptocurrency accounting and regulatory compliance technology solution, a San Francisco startup with elevated consciousness which specializes in developing crypto asset solutions. gave information.
Audit services can help to clean the air around Tezos, which is finding a fire in the recent days of founding fallout, defective business practices and accusations of tax evasion.