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Consistent with this outlook, the Pw, C office in Hong Kong is now accepting payments in Bitcoin. Did you see this? reported: Pw, C in Hong Kong stated that it accepted the payment because it is significantly working with startups in the city associated with cryptocurrencies and blockchain, the open-ledger technology that processes bitcoin deals by logging them on a public record.
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The Big Four Are Complete Steam Ahead on Bitcoin's Innovation The other Big Four companies (Deloitte, EY, and KPMG) are likewise eager to keep up with the improvements driven by Bitcoin and its blockchain technology. For example, to promote Bitcoin's adoption, EY made available ATMs at the World Web Forum for donations to Avatar Children in January 2015.
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According to an EY press release: EY is digitalizing itself starting in 2017, it will be possible to pay billings from EY Switzerland in Bitcoin, employees will receive a digital wallet, and a Bitcoin ATM will be put into operation in the primary structure. Deloitte also accepts the belief that Bitcoin's technology is producing remarkable opportunities.
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Bitcoin-friendly Deloitte has actually been actively associated with the cryptocurrency ecosystem for a very long time. Furthermore, a Deloitte report acknowledges Bitcoin's virtues as a vehicle for payments, in spite of its volatility. Deloitte workers are currently using a BTM and paying for their meals with Bitcoin at Restaurant 1858, both located in Deloitte's Toronto office.
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Just recently, in November 2017, KPMG signed up with the Crypto Valley Association as a first partner. The Crypto Valley Association's objective is "to maximize Switzerland's strengths to develop the world's leading blockchain and cryptographic innovations ecosystem." Likewise, KPMG just recently signed up with the Wall Street Blockchain Alliance (WSBA) as a business member.
The Big 4 group makes up the four largest providers in the world of audit, tax, advisory, actuarial, management consulting, and business financing and legal services. They provide audit services to the majority of the general public companies in the world, as well as lots of private companies. In reality, the Big Four offer auditing services to 99% of the FTSE 100 companies.
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Images courtesy Shutterstock, Pw, C, and Twitter/Deloitte.