EY will offer the Chinese government its corporate blockchain on the "localized" etherium - Bits Media

EY consulting giant in partnership with the National Chinese Chinese BSN platform will display its OPSCHAIN corporate blockchain to the Chinese market.

According to EY, The company plans to offer its EY OPSCHAIN network developers in China via Blockchain Open Source (Bcos), which works on the Chinese National Platform Blockchain Service Network (BSN), and also through the "localized" version of the Ethereum, tuned to integration with BSN.

Bcos – This is an open source corporate blockchain, Developed by the Financial Blockchain Shenzhen Consortium block (Tax), joint initiative of a number of Chinese technological firms, Including Tencent and Huawei. BCOS integrated with BSN, which is a centralized infrastructure, allowing developers to create decentralized applications based on supported public blockchains - for example, Ethereum, Polkadot, etc..

Opschain will be the first EY in BSN, And he will use this platform in the process of integration and deployment of EY Blockchain Analyzer for blockchain analytics and financial reporting audit.

“Through Fisco Bcos and Ethereum, EY professionals will be able to serve customers in China and in the entire Asia-Pacific region and connect these users to a global blockchain. I consider this as a key step forward in connecting the largest economies in the world using blockchain ", – said the head of EY Global Blockchain Paul Brody (Paul Brody).

To satisfy the requirements of Chinese regulators, Opschain will initially be available in the “localized” version of the Ethereum in BSN, provided that the regulatory authorities are approved by China.

BSN platform was launched on April 25 last year with the support of the Chinese government, And in July, the developers said, that the BSN will support more 100 open blockchains. According to the article on the blog from 1 february, BSN completed the first localization package, which entered the blockchain Cosmos.