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PwC Legal Leader: Cardano is a ‘Huge Part’ of the Decentralized Future


PwC Legal Leader: Cardano is a ‘Huge Part’ of the Decentralized Future

Günther Dobrauz, the legal leader at auditing giant PwC, praised Cardano developers, calling them a big part of the decentralized future

The legal leader at Big Four auditor PwC, Gunther Dobrauz, recently praised the people responsible for Cardano’s (ADA) development.

A huge part of the future

In a Mar. 3 tweet, Dobrauz claimed that he has long been saying that decentralization is the future. Furthermore, he added that the Cardano Foundation and the team surrounding IOHK CEO and founder Charles Hoskinson “are a huge part of this” future. IOHK is the blockchain firm behind Cardano and Ethereum Classic.

Dobrauz’s tweet also featured a photo where he stood beside Hoskinson. A tweet sent shortly afterward by Hoskinson reveals that he met Dobrauz during his visit to PwC’s London headquarters.

Speaking to Cointelegraph, Dobrauz was quick to call these his own views rather than PwC’s, but he believes blockchain technology to be transformative. He added:

“I have followed the work of the Cardano team and indeed the Cardano ecosystem more or less from the beginning and personally believe that they are doing an amazing job and enjoy every opportunity to exchange with and learn from them. The same is true for some other projects out there.”

PwC’s relationship with blockchain and crypto

This is not the first example of contact between PwC and Cardano. In a late January YouTube livestream, Hoskinson said that PwC will drive a Cardano commercialization strategy.

Hoskinson said that Emurgo, an entity tasked with driving Cardano adoption, IOHK and Cardano foundation are working to unify their Cardano commercialization strategy and PwC acts as a moderator in this effort. He noted that he expected PwC to prepare and then create a consolidated strategy for the commercialization of Cardano’s technology in February.

Furthermore, PwC has shown interest in the broader blockchain and cryptocurrency landscape multiple times in the past. For instance, in mid-January the auditor let smart contract auditing team ChainSecurity join its firm. PwC said at the time that it hoped that with ChainSecurity’s team the firm will become “the world’s leader in smart contract auditing.”

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