EYC3, big four Ernst &Young’s Asia-Pacific data and analytics capability, has engaged with Seoul-based BlockchainOS in order to support the development of the BOScoin cryptocurrency.

“EY is very excited to support the BOScoin Platform and sees a very strong potential in blockchain technology for both consumers and businesses,” Gwang Rim Yi, Partner for EYC3 Seoul office, stated.

By utilizing its expertise in the governance realm and drawing from their wide range of experience, EY has been working with global enterprises and applying those to the BOScoin platform’s self-evolving governance system.

EY has been having global experience in blockchain and cryptocurrency along with their experience in data and analytics capabilities.

“Having the support from such a renowned firm provides us with the global reach and will help provide direction to the design of the platform,” CK Park, Chairman of BOScoin, said.

BlockchainOS announced the official launch of its digital currency BOScoin in December last year, which it describes to be an improved version of existing cryptocurrencies such as bitcoin and Ether. The concept of BOScoin platform was recently presented by BlockchainOS in Berlin and London.