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Our blockchain platform can help transform the business lifecycle for digital ecosystems, while promoting trust, transparency and efficiency.

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How blockchain helps the public see the truth in the story

Giuseppe Perrone, Federico De Poli, Alessio Romeo 13 May 2022
Woman sitting on chair in room

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.

Blockchain wheel chart

Our blockchain solutions include:

  • EY OpsChain Contract Manager: Engage in a procurement workflow by issuing request for quotes, contracts, purchase orders and invoices across a network of trusted business partners. Learn more.
  • EY Blockchain Analyzer: Smart Contract & Token Review — Review the underlying code of smart contracts to increase confidence in blockchain-enabled transactions. Learn more.
  • EY Blockchain Analyzer: Tax calculator — Upload transactions to download a Form 8949, which is used to calculate capital gains for US tax returns. Learn more.
  • EY OpsChain Traceability: Improve traceability and transparency across the supply chain through the use of notarization and tokenization. Learn more.
  • EY OpsChain Public Finance Manager: Provides governments and public sector organizations the solutions and tools for the effective management of public finances, while producing near-real-time performance reporting and advanced analytics. Learn more.
  • EY Blockchain Analyzer: Reconciler – Bulk-reconcile on-chain and off-chain data to identify matches and mismatches of transactions. Learn more.

How EY can help

Blockchain for Public Finance

Enable more effective and efficient public spending with help from the EY OpsChain Public Finance Manager.

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EY OpsChain Contract Manager

Run procurement activities using tokens and smart contracts on a public blockchain network with EY OpsChain Contract Manager.

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EY Blockchain Analyzer: Smart Contract & Token Review

Review the underlying code of smart contracts to increase confidence in blockchain-enabled transactions with this EY solution.

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EY OpsChain Traceability

This solution helps organizations improve traceability and transparency across the supply chain.

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EY Blockchain Analyzer: Reconciler

Bulk-reconcile on-chain and off-chain data to identify matches and mismatches of transactions with EY Blockchain Analyzer: Reconciler.

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EY Blockchain Analyzer: Tax Calculator

With this web-based solution, users can upload transactions to download a Form 8949, used to calculate capital gains for US tax returns.

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Blockchain consulting services

Blockchain is a decentralized ledger of each transaction that occurs across a network, enabling the decentralized exchange of trusted data.

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Audit innovation

Innovation is the driving force behind our audits, and helps us work better, smarter and faster. We embed innovation into everything we do.

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Supply chain reinvention

Supply Chain Reinvention helps clients effect a fundamental change in their performance to support sales growth, become more cost-competitive, minimize risk and improve operational resilience.

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Blockchain

In oil and gas, blockchain offers potential cost savings and efficiencies that are too compelling to ignore. EY can help you seize them.

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EY OpsChain Environmental, Social and Governance (ESG)

Track your carbon emissions with trusted data and strengthen your ESG performance, helping to avoid greenwashing.

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Subscribe to the EY Blockchain newsletter

The EY Blockchain Global newsletter curates the latest developments and the news you need to know.

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Read the latest insights from EY Global Blockchain Leader on CoinDesk 

Paul Brody regularly contributes to CoinDesk.

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Improving healthcare transparency and outcomes

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HFS Top 10: Enterprise Blockchain Service Providers, 2021

EY named as a top enterprise provider, leading in innovation and execution

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Forrester Research

Enterprise commitment to blockchain remains strong: Explore the shifting market perceptions of private and public blockchains

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