#libra#Binance
16/10/19 09:30 UTC-5

EY has launched a new blockchain solution for governments around the world

Other Ernst & Young invented a new blockchain-solution
Ernst & Young invented a new blockchain-solution

Ernst & Young (EY), a professional services company, has launched a new blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
solution for governments around the world to help them improve the financial management of public funds.

EY OpsChain PFM blockchain-solution

Called EY OpsChain Manager Public Finance Manager (PFM), the solution helps governments track funds in "real time," according to an announcement on Tuesday. 

“The EY OpsChain PFM blockchain provides clear, accurate and timely information for financial reporting. The system improves administrative efficiency by being able to track funds in real time and create a single source of integrated information about financial and non-financial indicators to support decision-making.” – EY.

Interesting in the section: BMW, Ford, and GM are testing blockchain for parking and fares payments

See also: "BMW, Ford, and GM are testing blockchain for parking and fares payments"

#EY #blockchain #PFM

Editor: Yuliya Soroka
Comments

Similar