PwC unveiled a Blockchain validation solution Friday to help clients ensure that the technology is working properly, the company announced.
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Blockchain, designed to form an immutable record that does not need auditing, nonetheless needs an auditor to make it more trusted by companies as a new technology, wrote A. Michael Smith, a PwC partner in charge of internal technology audit solutions, in a blog.
Smith said in an interview with The Wall Street Journal that the technology is being used by a major stock exchange and a digital wallet provider. He declined to name the companies.