Auditing firm launched a blockchain platform to monitor gov't public funds

[Zed0X]

Ernst & Young (EY) is one of the big four auditing companies that is known all over the world especially in finance. They've launched a public blockchain platform that is meant to add transparency on how public government funds are distributed among different government agencies. Even more impressive is that it can be viewed by all citizens.

To be honest, I couldn't be happier to read such news being someone who is familiar with dealing with funds. This is a great way to leverage this technology and I hope more auditing firms follow suit.

Read the article at https://cointelegraph.com/news/ey-unveils-public-finance-blockchain-to-track-govt-spending