Partnership: Cardano Massive Partnership With PwC
Partnership: Cardano Massive Partnership With PwC


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The price of Cardano (ADA) has just spiked 15% to reach over $0.051 following the announcement of a partnership with multinational accounting and consultancy firm PricewaterhouseCoopers (PwC). The surge in price has pushed the cryptocurrency into the top 10 coins by market cap

 

The price of Cardano (ADA) has just spiked 15% to reach over $0.051 following the announcement of a partnership with multinational accounting and consultancy firm PricewaterhouseCoopers (PwC). The surge in price has pushed the cryptocurrency into the top 10 coins by market cap

 

According to Mr. Hoskinson, a key figure in the development of Cardano, PwC will consolidate information from IOHK, the Cardano Foundation and Emurgo in order to build a commercial strategy for the blockchain project. 

Although it can pass some more time until the full details are unveiled, PwC will be working so as to promote Cardano adoption around the world and to expand its usabilities among mainstream businesses from all over the world. 

PwC is known to be as one of the big four accounting companies along with Deloitte, EY and KPMG. The firm is also the second largest professional services firm network in the world. That means that the impact this partnership could have on Cardano is massive. Cryptocurrencies have yet to reach mass adoption and this new agreement could be just the beginning of new and exciting partnerships in the crypto market. 

Cardano has also recently launched its incentivized testnet network that was able to attract a large number of users that wanted to stake their ADA virtual currencies. At the same time, they have been encouraging and supporting a healthy stake pool ecosystem by delegating around 1.1 billion ADA across several community pools. 

Thanks for reading.

Kasezga Tembo, CIO, Zog Capital

http://www.zogcapital.com/ 

 


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zogintl

Kasezga Temb: Investor, Philanthropist, Musician and Martial Artist


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