EY Adopts Polygon Protocol & Framework on Ethereum Solution

Accountancy and consulting firm Ernst & Young (EY) announced Tuesday to provide blockchain solutions on the public Ethereum (ETH) blockchain ecosystem by utilizing Polygon protocol and framework.

In its press release, The London-based Big-four firm states that the partnership allows them to offer “predictable costs and settlement times” to enterprise users with increased transaction volume and also have an option to move transactions onto the public Ethereum, the firm said.

Paul Brody, EY Global Blockchain Leader, says their “shared priorities around open system and networks and the Ethereum ecosystem would make collaboration in this area much easier.”: