Ernst & Young uses ZK proofs on Ethereum to automate contracts

EY said he selected Ethereum instead of A private network as he East cheaper, more confidential And stop A to party Since earn A "strategic advantage" on another.

Own This piece of crypto history

Big Four accounting farm Ernst & Young has spear A Based on Ethereum solution using zero knowledge evidence aiming has portion It is private business clients facilitate complex contracts.

Called THE EY Chain of operations Contract Director (OCM), THE solution will help private companies execute complex business Agreements In A timely, confidential And profitable manner, THE farm explain In A April 17 declaration.

Among THE types of contracts that can leverage EY Based on Ethereum solution are purchase Agreements, standardized rate cards, volume reductions, discounts And strike price.

EY said he selected Ether...