Division network one of the largest auditing companies in the world, PricewaterhouseCoopers, PwC Hong Kong and PwC Singapore, has announced partnerships with Chinese blockchain startup VeChain. However, they became part of the project, as interested in the application of VeChain developments in the field of IoT to improve performance of large companies.

At the moment PwC Hong Kong is also negotiating with the VeChain on the provision of trust services on its platform using tokens VeChain that are required to access the functionality and implementation of the transaction.

According to the Chairman of the Board of Directors of the division of PwC in the Asia-Pacific region Raymond Chao (Chao Raymund), a strategic partnership was possible because of the coincidence of the mission of the startup and objectives of the PwC to solve important problems and build a society based on trust.

Recall that the PwC clients in Hong Kong are a few startups from the cryptocurrency sphere. In November last year, cooperation with them has prompted auditing company to begin to accept cryptocurrency.