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