Ernst & Young establishes a partnership with BSN to provide blockchain solutions

Ernst & Young will develop in-depth cooperation with the Blockchain Service Network (BSN). Based on the FISCO BCOS underlying framework on the BSN global blockchain network, Ernst & Young will deploy its two platforms, "Ernst & Young Blockchain Analyzer" and "Ernst & Young OpsChain". EY will use the control mechanism provided by the BSN network to realize interconnection with the Ethereum network deployed overseas, and continue to provide customers with more compliant, safe and efficient product solutions.

The Blockchain Service Network (BSN) is a top-level plan of the National Information Center and co-sponsored by China Mobile, China UnionPay, and Beijing Jujube Technology. It is committed to providing a network environment and technical architecture based on blockchain technology for the governance of the entire industry chain. And provide reliable security for the data and information on the user chain. BSN is independently researched and developed by my country and controls the right to access the network. It has become the world's most widely distributed and technologically integrated blockchain infrastructure network, providing global developers with low-cost and technologically interoperable one-stop blockchain services .

Ernst & Young is one of the world's leading audit, tax, strategy, transaction and advisory services organizations. The two major application services launched in cooperation with BSN this time are a major development of the Ernst & Young team's blockchain product services based on the FISCO BCOS architecture. Ernst & Young OpsChain will be the first Ernst & Young solution deployed in the blockchain service network BSN, including procurement and product traceability components for corporate customers. The Ernst & Young team will use BSN to complete the integration and deployment of Ernst & Young's Blockchain Analyzer, and provide blockchain analysis and financial statement audit services. The initial application will be mainly based on the BSN open alliance chain of Ethereum and FISCO BCOS. In the future, it will be gradually expanded to the Ethereum network under the premise of controllable supervision.

He Yifan, the executive director of the BSN Development Alliance, said: “During the communication with the Ernst & Young team, we both have a common vision for blockchain technology and global popularization. Ernst & Young is one of the world’s leading Ethereum-based application professional institutions, and is auditing There is a huge investment in technology, which will complement us and help create great value for our users."

Paul Brody, EY Global Blockchain Director, said: “China is one of the world’s largest blockchain technology markets. Although the EY blockchain team has been operating in China for some time, this is the first large-scale deployment of the EY area. Blockchain platform. Through the technical architecture of FISCO BCOS and Ethereum within the BSN, EY technicians will provide services to customers in China and the entire Asia-Pacific region, connecting these users to the global blockchain. I think this is the use of blockchain technology A crucial step in interconnecting the world’s largest economies."

Jimmy Ong, Head of Blockchain for EY Asia Pacific, said: "The integration of EY blockchain solutions into FISCO BCOS and BSN is a key strategic move and a big step to support the accelerated adoption of blockchain in China and the world. We hope to promote Market competition makes it easier for local customers to adopt Ernst & Young’s solutions to help companies implement effective blockchain strategies."

BSN implements the national "new infrastructure" overall plan, actively builds blockchain infrastructure, and fully cooperates and communicates with a wide range of enterprises and scientific research institutions, and strives to create a blockchain application ecosystem. It is believed that as the cooperation with Ernst & Young deepens, it will play a positive role in demonstrating and promoting the wider application of blockchain technology by enterprises. The BSN Development Alliance welcomes more companies like Ernst & Young that are committed to providing customers with better services through the application and innovation of blockchain technology to join in and contribute to the development of my country's blockchain industry and ecological construction.

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