Crypto

PwC Luxembourg Will Host an Event Dedicated to IOTA and Blockchain

Different blockchains and cryptocurrencies try to obtain a  strong position in the market. For some, that process is a lot easier than others. PricewaterhouseCoopers is intent on bringing IOTA to the masses by organizing a dedicated event. 

Cryptocurrency enthusiasts are familiar with what IOTA aims to achieve. Their vision of building a blockchain for the Internet of Things is rather ambitious. A strong focus will be put on microtransactions and data integrity. 

A big IOTA Event in Luxembourg

For all intents and purposes, it is a very technology-oriented project. That also makes it seem less approachable compared to other blockchain projects on the market today. PricewaterhouseCoopers wants to change that narrative. Its “IOTA: Beyond Blockchain” event is designed to do exactly that. 

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During this event, there will be a few short panels on blockchain technology, IOTA, and how cybersecurity will affect the Internet of Things. There is also a demo of a traceability tool, which will undoubtedly spark a lot of interest. 

Events like these can bring a big spotlight to blockchain ventures. For IOTA, it is almost a nod of approval from one of the biggest firms in the world. Their desire to experiment with blockchain has been well-documented in recent years. 

Although PwC organizes many events in Luxembourg, this is the only blockchain-oriented one planned for the remainder of 2019. That could be a sign of things to come for the firm. It is also intriguing to note how they opt for IOTA specifically.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

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