Le Lézard
Classified in: Science and technology, Business
Subject: PDT

Bitwave Launches Digital Asset Maturity Model for Enterprises Unlocking the Benefits of Holding Digital Assets


LAS VEGAS, Oct. 24, 2021 /PRNewswire-PRWeb/ -- Bitwave, the leading provider of digital asset tax and accounting software for enterprises, introduced today at Money 20/20, the industry's first Digital Asset Maturity Model. This business roadmap will help enterprises minimize risk and maximize opportunities for holding digital assets such as cryptocurrencies and NFTs. The first of its kind, the Digital Asset Maturity Model provides a multi-step framework that allows enterprises of all sizes to properly adopt and account for digital assets on their balance sheet and in their business processes. As widespread adoption of cryptocurrencies grows exponentially, the accurate accounting of digital asset holdings is ever more necessary to keep up with today's evolving regulatory landscape.

"By simply watching the price of Bitcoin fluctuate in the press, you might not realize that businesses have adopted whole classes of digital assets and are re-wiring their companies to embrace a decentralized future," said Bitwave Co-Founder and CEO Pat White. "We want to ensure that any business interested in the opportunities unlocked by digital assets has a clear map to success."

"Forward-looking financial professionals navigating the next wave of digital disruption must bring cryptocurrencies and digital assets into the enterprise," said R "Ray" Wang, Founder, Chairman and Principal Analyst of Constellation Research and author of Everybody Wants to Rule the World. "However, existing systems lack the capability to address policy and process revisions, support infrastructure upgrades, and deliver the deftness required to navigate a constantly shifting regulatory landscape. Customers desperately seek a solution and product roadmap that overcomes these challenges and unlocks the digital asset revolution ahead."

Bitwave's Digital Asset Maturity Model is designed to help companies assess their current cryptocurrency adeptness, streamline adoption of these new assets, and unlock business value in a four-step framework for action. Derived from Bitwave's work with over 50 enterprise-level customers and financial leaders, the framework guides decision makers to achieve enterprise digital asset finance success.

Enterprises of all sizes can assess opportunities such as offering their intellectual property as NFTs or implementing streamlined crypto-based payment workflows, all while avoiding potential compliance roadblocks that may occur as new regulations take effect.

For more information on Bitwave and the Digital Asset Maturity Model, visit http://bitwave.io/damm.

About Bitwave
Bitwave is a provider of tax and accounting software that is used to track investments in cryptocurrency. The platform is used by C-Suite financial executives who are eager to invest in cryptocurrency but have lacked the proper accounting protocols to do so in the past. By creating the opportunity to make these investments, Bitwave is playing a key role in the Decentralized Finance (DeFi) movement and removing the friction that has traditionally plagued financial services. The firm was founded in 2018 by technology entrepreneurs Pat White and Amy Kalnoki and is based in San Francisco, CA.

Media Contact

Cassie Gonzalez, Bitwave, 8582126875, bitwave@kcdpr.com

 

SOURCE Bitwave


These press releases may also interest you

at 02:00
Industry-leading audio brand, Tronsmart, is pleased to announce the launch of the ONYX PRIME True Wireless Earbuds. The latest addition to the innovative audio collection, the ONYX PRIME offer an exceptional listening experience thanks to the...

at 02:00
Pamplona Capital Management ("Pamplona") and EET management have agreed to acquire the company from funds managed by FSN Capital. The sale is expected to close in the first quarter of 2022. EET is a leading value-added distributor of specialist...

at 02:00
Unify Platform AG of Switzerland, with its Japan Hub in Shin-Yokohama, Kanagawa Prefecture, announced on November 30 the launch of a new feature on the company's online platform service, UNIPLAT. The new feature is Credit Rating: an automatic...

at 01:52
Kuwait-based OptimizeApp, a platform that helps marketers intuitively launch, manage and track all their social media campaigns in one app, today announced it has fully acquired Panda Media, a Kuwait-based online education company focused on...

at 01:48
We are advised by iMile Delivery LLC that journalists and other readers should disregard the news release, iMile Delivery Secures $40 Million Bridging Chinese Sellers to Emerging Markets, issued 30-Nov-2021 over PR Newswire. It went out with...

at 01:36
Nordic Nanovector ASA (OSE: NANOV), a clinical-stage biotech company focused on CD37-targeted therapies for haematological cancers and immune diseases, will today host an R&D day starting at 14:00 CET/ 13:00 GMT/ 08:00 ET.?The meeting will be held...



News published on 24 october 2021 at 12:00 and distributed by: