Chainlink Labs recently announced entering a strategic joint business relationship with PwC Germany. The collaboration will focus on accelerating enterprise blockchain adoption.
Chainlink Labs has an unrivaled market presence due to its industry-leading Web3 service platform development. It will assist PwC Germany’s partners in interacting with the blockchain economy. Such protocols are essential for organizations attempting to enter the blockchain space without blockchain expertise.
Chainlink Labs will offer its services to help the companies run their node infrastructures and make smart contracts. On the other hand, PwC will use its knowledge of regulations and technical expertise to help customers make smart contracts that are safe and follow the rules.
With help from both platforms, businesses can make solutions that use Chainlink middleware’s features. Smart contracts and blockchain technology are expected to reshape industries from the core. Thus, allowing companies to access them is a vast technological boost.
The partnership is crucial since enterprises have faced immense troubles while adopting blockchain. Technical hurdles, like restricted interoperability and a lack of safe connectivity, are such issues. Chainlink boasts blockchain middleware services that reduce the complications surrounding blockchain for enterprises.
It unlocks blockchain’s potential for them, facilitating profitability and productivity. Similarly, PwC Germany has been in the blockchain industry for years. They have developed in-house blockchain-based solutions, like:
- Transaction Analyzer BETA
- Blockchain Explorer
- Travel Rule Integration
- Digital Asset Valuation Model
- Smart Contract Formal Verification Framework
The company even offers multiple services surrounding ecosystem management, technology consulting and assessment, and more. Both platforms have expressed extreme delight about working together.
And given the sheer number of use cases that Chainlink Labs and PwC Germany bring to the table, this joint strategic collaboration is expected to yield massive results.