EY implements blockchain products in China

The gigantic auditing firm Ernest & Young (EY) has been developing blockchain services on the Ethereum network and Open Source Blockchain that are administered by the Shenzhen Financial Blockchain Consortium in China, according to what was indicated by Cointelegraph.

The availability of these services is still under review by the regulatory authority, since for the execution of nodes of public chains in China it is necessary to have an information technology system in that country, in accordance with the regulation of the Administration of the China cyberspace, as mentioned in the aforementioned portal.

Paul Brody, Global Blockchain Leader at EY, noted with great enthusiasm that this is a great step in connecting the world's leading economies through blockchain technology.

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Carlo Palomino
Bachelor from the National University of San Marcos (UNMSM). With interest in Digital Law and New Technologies. I endorse the phrase: "Knowledge is useful as it is shared." Contact: carlo.palomino19@gmail.com


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