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Ernst & Young invests $100 million on Blockchain expansion

One of the big four accounting firms, Ernst & Young Global Ltd, is investing heavily in blockchain technology. The company is investing $100 million into the engineering and development of distributed ledger technologies.
Ernst & Young revealed on May 17th, 2021, its second-generation of smart contract & token review tools through its Ernst & Young Blockchain Analyzer product suite, including a testing studio allowing simulated smart contract execution for complex decentralized finance (DeFi) applications.
“The new iteration supports multiple new capabilities that are expected to be used in complex DeFi contract ecosystems,” Ernst & Young announced. They also stated,
“It offers a blend of compliance testing with traditional code review, and it supports customized smart contract tests and simulation of mainnet transactions.” ....

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