If blockchain technology can validate transactions the way an auditor traditionally does, what’s left for an auditor to do?
PricewaterhouseCoopers LLP’s answer: Validate the validators.
The Big Four accounting firm unveiled a new offering Friday that will provide an outside look at clients’ use of the blockchain—making sure companies are implementing and using it properly, and allowing people within a company to continuously monitor its blockchain transactions. The move will facilitate and encourage companies’ use of the new technology, PwC says. Attesting that all is going as planned will help ease any internal concerns about…
