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Blockchain is digitalizing and integrating supply chains by connecting business operations and finance at the ecosystem level.
The technology has the potential to change the dynamics of system integrations not only for businesses, but for governments and academia as well. Instead of suppliers having to integrate to customized systems in large enterprises and organizations, they can instead interact with standardized apps and tokens on the public blockchain network, protected by privacy technology.
EY blockchain solutions support the complete business lifecycle from contracting, ordering, fulfilling, invoicing, to payments – from doing business on a blockchain to getting insight into what happened on the blockchain. EY teams also know how to manage the tax and audit requirements for blockchain-based transactions, so companies can handle the regulatory and tax complexities of an emerging ecosystem.
Our blockchain solutions include:
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How EY can Help
The EY OpsChain Public Finance Manager solution can help government entities spend money more effectively and efficiently. Learn how.
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EY OpsChain Contract Manager helps organizations run procurement activities using smart contracts on a public blockchain network. Learn more.
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Smart Contract & Token Review allows users to customize tests and reports, identify vulnerabilities, and mitigate risks in the token deployment process.
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Discover how EY 's blockchain-enabled technology can help your business deliver long-term value by improving brand equity, revenue & operational performance.
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Our blockchain analyzer tool can help your EY team reconcile off-chain books and records to the public blockchain network. Learn more.
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Discover how EY's tax calcuator tool can help individuals easily calculate capital gains/losses from trading cryptocurrencies and produce a US tax Form 8949.
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