{"id":13642,"date":"2019-04-17T00:00:00","date_gmt":"2019-04-17T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2019\/04\/17\/ethereum-eth-ey-ernst-releases-underlying-source-code-to-public-domain\/"},"modified":"2019-04-17T00:00:00","modified_gmt":"2019-04-17T00:00:00","slug":"ethereum-eth-ey-ernst-releases-underlying-source-code-to-public-domain","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/ethereum-eth-ey-ernst-releases-underlying-source-code-to-public-domain\/","title":{"rendered":"Ethereum [ETH EY] \u2013 Ernst & Young Launches Two Blockchain Products; Releases Underlying Source Code to Public Domain"},"content":{"rendered":"
<\/a>Ernst & Young (EY), one of the big four professional firms, is aiming at taking blockchain mainstream with its latest product releases.<\/strong> The firm announced on Tuesday that it will be releasing two blockchain products, the first being an updated version of its <\/span>Blockchain Analyzer<\/span><\/a><\/u><\/span><\/strong> and the other being a<\/span>\u00a0 privacy protocol designed to be used atop the Ethereum public blockchain. In an unexpected move, the company has decided to release the codebase underlying both these applications to the public sans copyrights.<\/span><\/p>\n <\/p>\n EY\u2019s Blockchain<\/a> Analyzer will be available not just to EY\u2019s internal team as previously developed but the software will be availed to the public.<\/strong> The software can be used by a diverse audience in its current implementation and once it\u2019s been exposed to a wider set of developers on the open source scene, it is expected to be developed to include more ingenious applications. So far the software can be used to tax calculations, auditing, and transactions monitoring. As an added bonus, the tool syncs with the Andy Crypto-Asset Accounting and Tax (AndyCAAT) tool to provide its users a tool that can calculate crypto gains and loses taxes in accordance to the United States law.<\/span><\/p>\n