Constant with this outlook, the Pw, C workplace in Hong Kong is now accepting payments in Bitcoin. The Wall Street Journal reported: Pw, C in Hong Kong said that it accepted the payment because it is increasingly working with start-ups in the city associated with cryptocurrencies and blockchain, the open-ledger innovation that processes bitcoin deals by logging them on a public record.
The Big 4 Are Full Steam Ahead on Bitcoin's Technology The other Big Four firms (Deloitte, EY, and KPMG) are also excited to keep up with the changes driven by Bitcoin and its blockchain technology. For example, to promote Bitcoin's adoption, EY made available ATMs at the World Web Online forum for donations to Avatar Children in January 2015.
According to an EY news release: EY is digitalizing itself starting in 2017, it will be possible to pay invoices from EY Switzerland in Bitcoin, workers will get a digital wallet, and a Bitcoin ATM will be put into operation in the primary structure. Deloitte likewise concurs with the belief that Bitcoin's innovation is developing remarkable chances.
Bitcoin-friendly Deloitte has been actively included in the cryptocurrency community for a long time. Moreover, a Deloitte report acknowledges Bitcoin's virtues as a car for payments, in spite of its volatility. Deloitte workers are currently utilizing a BTM and paying for their meals with Bitcoin at Bistro 1858, both located in Deloitte's Toronto office.
Recently, in November 2017, KPMG joined the Crypto Valley Association as a very first partner. Reference is "to make the most of Switzerland's strengths to develop the world's leading blockchain and cryptographic technologies ecosystem." Likewise, KPMG recently signed up with the Wall Street Blockchain Alliance (WSBA) as a business member.
The Big 4 group consists of the four largest suppliers in the world of audit, tax, advisory, actuarial, management consulting, and corporate financing and legal services. They provide audit services to the majority of the general public companies worldwide, along with numerous personal business. In truth, the Big 4 offer auditing services to 99% of the FTSE 100 companies.
Images courtesy Shutterstock, Pw, C, and Twitter/Deloitte.