The cooperation of PwC and BitFury results in the creation of Blockchain Accelerator in Russia

On December 13, PricewaterhouseCoopers consulting firm announced about a partnership with Bitfury Group company that deals with blockchain solutions. The goal of this cooperation is to develop a blockchain accelerator that will be used by businesses in Russia. According to the press release, PwC has experience of using products of Bitfury. They used an open […]

By - December 24, 2018
Russia Blockchain

On December 13, PricewaterhouseCoopers consulting firm announced about a partnership with Bitfury Group company that deals with blockchain solutions. The goal of this cooperation is to develop a blockchain accelerator that will be used by businesses in Russia.

According to the press release, PwC has experience of using products of Bitfury. They used an open source framework Exonum to build blockchain apps to be used in education.

The main purpose of the accelerator developed is meeting needs of the clients of Russian biggest consulting enterprises. PwC consulting manager in Russia Victor Nelin admits that the following accelerator of both these companies is going to offer absolutely new products to businesses working is different spheres.

The information provided in the press release also mentions how blockchain solutions have contributed to the energy sector. PwC company realizes that blockchain plays a very important role in modern economy and changes it greatly decreasing the number of staff and infrastructure costs by means of automating business processes.

PwC company revenue has been estimated at $41 billion in 2018 and now it takes the 2nd position among four biggest professional services firms.

It is worth mentioning that Bitfury has already created one blockchain accelerator working together with Plekhanov Russian University of Economics located in Moscow. As a result of this joint cooperation, today the university offers courses on blockchain technology and other adjacent programs.

PwC is also going to develop the accelerator to extend the knowledge of its staff about blockchain industry. It will be done in the form of courses that will last for 2 years and start at the beginning of 2019. The company is planning to educate over 1000 workers during this period.

Leave a Comment