Yesterday Deloitte announced that they have partnered with Avalanche token (AVAK) to build more efficient disaster relief platforms.
The news sent the value of AVAX skyrocketing as investors and people in the accounting profession try to make sense of the deal.
As everyone knows, Deloitte services 90% of Fortune 500 companies and people are wondering whether this blockchain could be used for some of their clients. Perhaps it is just a small test run that Deloitte is running.
It should be noted that AVAX is viewed as a green platform in terms of carbon omissions. Reportedly, this was a large part of their decision making process.
The details were rather scarce leading me to speculate that this is more of a pilot project.