PwC has kick-started the latest version of its accelerator program, choosing 11 promising startups from over 700 applicants. These companies are heavily focused on digital assets and tokenization.
The firm plans to provide sales and marketing support to these startups in collaboration with GrowthBuilders, aiming to equip them with the necessary tools to thrive in the digital economy.
The selected startups mainly offer identity-based services and tokenization solutions. They will be integrated into larger organizations within PwC’s vast network, bringing cutting-edge technology to PwC’s existing capabilities.
Renowned startups like Trust Stamp, Vidos, Truvity, and Archipels offering identity services and Brickken, Vertalo, Zoniqx and Hedgeguard providing tokenization solutions are among the chosen ones. They use advanced technology to streamline business processes, improve data security, and enhance user experiences.
Brickken, Vertalo, Zoniqx, and Hedgeguard are notably focused on tokenization solutions, converting real-world assets into digital tokens using blockchain technology.
Digital startups selected for PwC’s accelerator
This creates exciting opportunities for businesses and investors.
Among the chosen startups, Venly has taken a unique path. Initially catering to the gaming and entertainment industry by providing digital wallets for Non-Fungible Tokens, it has pivoted to offer digital wallets specifically for the e-commerce sector, following the footsteps of Starbucks.
Other startups in the lineup include Alterscope, Custodiex, BiblioChain, BlockCapita, TechNovum, and QuantumResilient, offering varied solutions from web3 risk management to AI-based market prediction algorithms to secure quantum computing, highlighting the program’s innovative aspirations.
As a member of the ‘Big 4’, PwC is heavily invested in developing web3 interfaces. Other ‘Big 4’ firms such as EY, KPMG, and Deloitte are also making strides in technology, focusing on aspects like accessibility of permissionless blockchains, AI’s potential in auditing, and optimization of digital transformation strategies respectively.
Meanwhile, Accenture, not a ‘Big 4’ member, is making its own mark by integrating data analytics into its suite of consultancy services. This move is aimed at making business intelligence accessible to a wider client base across various sectors.
