We are excited to announce we have entered a strategic partnership with PwC Deutschland to scale adoption of secure, compliant blockchain solutions for decentralized protocols and enterprise.
The collaboration is focused on our team’s shared goals of driving adoption and growth of blockchain technology, expanding accessibility of specialized blockchain services, and navigating industry complexities.
As “traditional” organizations seek entry to the blockchain economy, they discover a need for highly specialized technological expertise to build, operate, and secure the necessary infrastructure. At the same time, teams building decentralized protocols often lack expertise in regulatory and compliance frameworks that lay the groundwork for wide adoption.
Cyfrin and PwC Deutschland will leverage each organization’s unique strengths and coordinate activities to make building secure, compliant blockchain business simpler. The result will be expanded access to Cyfrin’s network of security researchers, specialized expertise, and extensive knowledge of DeFi security to PwC’s clients and partners. While PwC brings a deep understanding of technology consultancy, regulatory frameworks, and compliance challenges to a broader ecosystem of decentralized blockchain protocols and organizations.
Blockchains and smart contracts have fundamentally changed global business. Integrating blockchain rails and smart contracts into existing financial infrastructure, in addition to creating an entirely new economic system, has the potential to dramatically reduce cost, increase user security, and guarantee true asset ownership. The pace of adoption, however, has been limited due to technical hurdles, security concerns, and regulatory barriers.
As a market-leading smart contract security and education platform, we are perfectly positioned to empower enterprises with the skills to build, and frameworks to secure, their systems. PwC is a leader in technical and regulatory consultancy for blockchain; the team is optimally situated to deliver the knowledge necessary to navigate legal, tax, regulatory, compliance structures globally. Together, we will help new and traditional economies unlock their potential, drive growth, and accelerate innovation.
“We are delighted to work with PwC and accelerate blockchain security and education to traditional enterprise while enabling blockchain-native protocols access to specialized services. Our complementary expertise creates the ideal environment for enterprise and startups to ensure regulatory compliance, build securely, scale adoption, and drive innovation.” Mark Scrine, CSO, at Cyfrin.
“We are thrilled to announce our joint business relationship with Cyfrin to enhance the secure and compliant adoption of blockchain solutions across decentralized protocols and enterprises. This collaboration will leverage our combined expertise to simplify building and securing blockchain infrastructure, ultimately driving growth and innovation in the industry.” – Dimitri Gross Director and Practice Team Lead Digital Assets & Crypto at PwC Germany
Our partnership has begun and work initiated. We look forward to sharing more news as it is generated.
Cyfrin is a Blockchain Security Platform. We make protocols safer and help secure billions of TLV with leading Competitive and Private Smart Contract Security Audits, Blockchain Developer Courses, and Security Research. Cyfrin has reshaped blockchain security with advanced tools and platforms, serving thousands of developers and protocols every day.
PwC Deutschland has been involved with blockchain technology through developing an array of services such as technology consulting, assessment and strategy, ecosystem management, regulatory license application and more. The organization's recent report "Navigating the Global Crypto Landscape with PwC: 2024 Outlook" further highlights how the market resilience, underscored by a pursuit of innovation, sets the stage for regulatory frameworks, which seek to balance risk with opportunity and innovation.
