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Crypto transaction auditing now available as PWC’s latest tool

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Crypto transaction auditing now available as PWC's latest tool
Source: Pixabay

Crypto adoption had surged in the recent times making the auditing process necessary. 

With this step becoming a prominent upgrade for crypto organizations, PWC aimed to empower the users by generating a transparent working ecosystem as it put forth another digital money reviewing tool as the major additional piece in its Halo data auditing suite. 

The new instrument enabled clients to investigate the digital coins transactions they carried out, giving the users an autonomous and substantive proof of the private key and public address pairing. 

London based organization added this step to authorize the users to accumulate data about blockchain exchanges and account balances along with assuring them about the crypto transaction. PwC is presently utilizing the latest feature in auditing those customers that execute transactions in Bitcoin [BTC] and other altcoins. Auditing will help the organization in transforming the current picture of the crypto ecosystem. 

James Chalmers, PWC’s GLobal Assurance Leader, said,

“It is important as companies continue to digitize we, as auditors, keep up with technology changes in the market, continue to develop audit tools that meet the needs of emerging technologies and serve the changing and developing demands of our stakeholders”.

Auditing will help the business organization in building a trust between the crypto users for the crypto transactions in between the regular news of crypto exchanges hacking surfacing in the market.

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Chayanika is a full-time cryptocurrency journalist at AMBCrypto. A graduate in Political Science and Journalism, her writing is centered around regulation and policy-making regarding the cryptocurrency sector.