PricewaterhouseCoopers (PwC), a multinational professional services network, has disclosed the latest list of its Scale program. It connects large organizations with innovative startups (or scale-ups) in certain fields. This time PwC selected 11 out of 700 applications choosing only the most captivating startups in the areas of tokenization and digital assets.
Archipels and Trust Stamp
With Archipels dedicated to identity-related services, it directly focuses on improving digital identity. With people opting for online communication, the need for secure identity alternatives cannot be overemphasized.
Another player in the identity space is Trust Stamp which uses biometrics and artificial intelligence to ensure identity confirmation is secure. What they do is actively used in the spheres of finances, healthcare, and many others.
Truvity and Vidos
Truvity aims to establish confidence in cyberspace commerce. They have solutions in the fields of combating fraud, privacy, and data protection, which are pertinent to the increasing demand for safe digital environments.
Vidos contributes to the identity landscape by providing novel solutions. It covers areas such as identity proofing, privacy protection, and great user experiences.
Vertalo and Brickken
Vertalo is an experienced player in the market and offers tokenization platforms. By tokenizing tangible assets such as real estate or art, they add liquidity and provide the masses with access to such opportunities.
Businesses are enabled to enter digital markets through Brickken’s platform aimed at tokenizing assets. Their major source of income is the initial fee as well as the yearly management fee.
Zoniqx and Hedgeguard
Tokenization is another specialty of Zoniqx that originates from Spain. Its solutions enable different companies to perform effective tokenization of assets to open up new possibilities for investment and trading.
Breaking the concept of fund tokenization and going a step further, Hedgeguard presents a vast protocol. It comprises portfolio management and middle-office solutions that improve the whole investment process.
Venly and Alterscope
It is important to understand that Venly had a pivot in its journey. At first, it operated mainly in the NFT and entertainment sectors but now it focuses on digital wallets. Such flexibility is in line with the ever-evolving crypto ecosystem.
Web3 risk management is Alterscope’s focus. In that context, risk assessment is becoming an essential issue as decentralized technologies develop. Kaspersky Lab’s solution is intended to preserve the safety of digital ecosystems.
Custodiex
Custodiex is a company that offers custody services focusing on digital assets. Their ‘true cold storage’ is secure but also can be made fully accessible in real-time which is an ideal in the world of cryptocurrencies.
Web3 Footprint of PWC
PwC is one of the leaders in terms of participation in the development of web3 among the big five auditors. Especially in Asia, PwC has recorded appreciable progress. While EY aims at creating possibilities for permissionless blockchains to be adopted by corporates, PWC’s ecosystem helps startups interact with large enterprises to grow together.
Conclusion
The PwC Scale program is where they started from including the 11 tokenization and digital asset entrepreneurs. The integration of tokenization, digital assets, and identity solutions is expected to have massive growth, and PwC’s focus on supporting all these innovators is a plus for the growth of the services.
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