PWC adds auditing tools to Halo Suite for crypto transactions

PwC has announced an important addition to their existing "Halo" suite of auditing tools that we can use to provide assurance services for entities engaging in cryptocurrency transactions.  PWC has launched a  new software tool we are well positioned to provide audit and other assurance services to clients holding or transacting in cryptocurrency.  

In an environment where robust controls have been proven effective throughout a business' cryptocurrency activities the Halo software can provide independent, substantive evidence of the "private key and public address pairing" which is one of the pieces needed to establish ownership of cryptocurrency and securely interrogate the blockchain to independently and reliably gather corroborating information about blockchain transactions and balances.

PwC has started leveraging its new Halo solution to support audits of clients engaged in cryptocurrency activities. In addition PWC is working with companies, in addition to companies for whom PWC is not the auditor, to help them address the new opportunities and challenges of blockchain and cryptocurrency, including helping them to implement the processes and controls they will require in order to obtain assurance reports from their auditors.