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Consistent with this outlook, the Pw, C workplace in Hong Kong is now accepting payments in Bitcoin. The Wall Street Journal reported: Pw, C in Hong Kong stated that it accepted the payment since it is progressively dealing with start-ups in the city associated with cryptocurrencies and blockchain, the open-ledger innovation that processes bitcoin deals by logging them on a public record.

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The Big 4 Are Complete Steam Ahead on Bitcoin's Innovation The other Big Four companies (Deloitte, EY, and KPMG) are also eager to keep up with the transformations driven by Bitcoin and its blockchain technology. For instance, to promote Bitcoin's adoption, EY made offered ATMs at the World Web Forum for contributions to Avatar Kids in January 2015.

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According to an EY news release: EY is digitalizing itself starting in 2017, it will be possible to pay billings from EY Switzerland in Bitcoin, staff members will get a digital wallet, and a Bitcoin ATM will be put into operation in the primary building. Deloitte likewise concurs with the belief that Bitcoin's innovation is creating incredible chances.

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Bitcoin-friendly Deloitte has actually been actively associated with the cryptocurrency community for a long period of time. Additionally, a Deloitte report acknowledges Bitcoin's virtues as an automobile for payments, in spite of its volatility. Found Here are currently using a BTM and paying for their meals with Bitcoin at Restaurant 1858, both situated in Deloitte's Toronto workplace.

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Recently, in November 2017, KPMG joined the Crypto Valley Association as a very first partner. The Crypto Valley Association's mission is "to maximize Switzerland's strengths to develop the world's leading blockchain and cryptographic technologies community." Likewise, KPMG just recently signed up with the Wall Street Blockchain Alliance (WSBA) as a corporate member.

The Big 4 group makes up the 4 largest companies on the planet of audit, taxation, advisory, actuarial, management consulting, and business financing and legal services. They supply audit services to the majority of the public business worldwide, as well as lots of private business. In fact, the Big 4 deal auditing services to 99% of the FTSE 100 companies.

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Images courtesy Shutterstock, Pw, C, and Twitter/Deloitte.