EY Releases Enterprise Procurement Solution on Ethereum Blockchain

EY has added a new solution to its Blockchain Analyzer product suite. Big four accounting firm EY has launched a new solution for investigating on-chain data including Bitcoin (BTC) transactions. The new Explorer and Visualizer solution launched as a part of the EY Blockchain Analyzer product suite. According to an announcement on Sep. 27, the beta version is now available for free for individuals. EY also said that it will soon make the solution available as a service on its blockchain website.Users will be able to utilize search functionalities along with its visualization technology. It....

An article appearing on the World Economic Forum website has made the case for blockchain adoption to fight corruption and wastage of resources in government activities. Transparency, fairness and efficiency of government systems are some of the areas that are prime for blockchain disruption in public governance.Writing for the WEF Global Agenda section, Matthew Van Niekerk, co-founder and CEO of blockchain-as-a-service outfit SettleMint, highlighted how blockchain adoption could improve public procurement and land registries.According to Van Niekerk, public procurement is one of the main....

Enterprise Ethereum has matured to the point where standards are now needed to ensure further growth and interoperability with other networks. Ethereum is quickly becoming an integral part of the enterprise blockchain ecosystem. As more companies begin to leverage public networks for business, it’s important to keep in mind that the enterprise Ethereum space is still relatively new. Therefore, a number of developments are required before organizations can fully take advantage of the Ethereum blockchain. For example, Dan Burnett, executive director of the Enterprise Ethereum Alliance — an....

From firmly stamping its presence as one of the first big corporations to pay attention to the bitcoin and block chain arena, Microsoft has now struck a partnership with an Ethereum-based startup to deliver blockchain as an enterprise solution for clients of the software giant's cloud-based Azure service. Microsoft has announced a partnership with ConsenSys, an Ethereum-coder collective from Brooklyn that will allow enterprise users on Azure to gain access to Ethereum Blockchain-as-a-Service (E BaaS). BlockApps Strato, a toolkit used for developing Ethereum-based applications will be among....

New details have emerged about a soon-to-be-launched initiative focused on enterprise uses of the ethereum protocol. Dubbed Enterprise Ethereum, the project's founding membership is said to include major financial institutions, tech giants and natural resources companies. According to sources, participating firms include JP Morgan, CME Group, BNY Mellon, Banco Santander, Microsoft, Red Hat, Cisco, Wipro and British Petroleum, among others. Blockchain startups BlockApps, Brainbot Technologies, ConsenSys, Nuco and Tendermint – as well as the Ethereum Foundation, the non-profit that oversees....