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HomeEthereumEY Joins the Enterprise Ethereum Alliance Board to Advance Ethereum Enterprise Readiness

EY Joins the Enterprise Ethereum Alliance Board to Advance Ethereum Enterprise Readiness

EY International Blockchain Chief, Paul Brody, Appointed as EEA Board of Administrators Consultant to Assist Information Rising Enterprise Adoption of Ethereum

WAKEFIELD, Mass. – Sept. 30, 2022 – The Enterprise Ethereum Alliance (EEA) at this time introduced the development of longtime EEA member Ernst & Younger (EY) to the Board, the very best degree of the group. As well as, the EEA introduced that EY International Blockchain Chief, Paul Brody, will function the corporate’s EEA Board of Administrators consultant, participating in guiding the group’s imaginative and prescient, driving member engagement, and constructing new advocacy, careers, and training initiatives to advance the Ethereum enterprise ecosystem.

  • Be part of Paul Brody and EEA management at Devcon (October 11-14, 2022) in Bogotá, Colombia, to discover how Ethereum can be utilized to drive worth, pace up settlement occasions, enhance transparency and decentralize commerce throughout all business sectors:

EY and Brody be a part of the Board, which incorporates representatives from EEA member firms together with Accenture, Banco Santander, BlockApps, ConsenSys, the Ethereum Basis, J.P. Morgan, Microsoft, the Open Basis, and Palm NFT Studio. As a consulting firm that companions with world companies on blockchain options that help the entire enterprise lifecycle from contracting, ordering, fulfilling, and invoicing to funds, EY’s experience will probably be instrumental to the EEA Board and member neighborhood.

“That is an thrilling time for companies which can be constructing on Ethereum, with The Merge providing firms a path ahead to deploying decentralized options on Ethereum’s now energy-efficient Mainnet. With EY’s mixed experience as a enterprise chief within the Ethereum ecosystem and as a longtime EEA member, the EEA and its members can anticipate to learn vastly from EY becoming a member of on the Board degree. Paul’s experience in understanding enterprise readiness and deploying enterprise-grade distributed ledger monetary companies options will probably be pivotal to the EEA’s efforts in serving to companies deploy on the Ethereum Mainnet, and perceive Ethereum know-how and its enterprise derivatives,” mentioned EEA Govt Director Dan Burnett.

From buying insights to managing the tax and audit necessities for Ethereum blockchain-based transactions, EY helps companies deal with the regulatory and tax complexities of an rising ecosystem. Newly appointed EEA Board consultant Paul Brody was the primary to steer EY’s blockchain technique engagement, working to find out how digital companies and funds come collectively within the new digital world. Beneath his blockchain management, EY turned the primary Large 4 agency to decide to the general public blockchain. EY’s world blockchain options platforms, together with EY OpsChain and EY Blockchain Analyzer, enable companies to harness the ability of blockchain, growing effectivity and lowering transaction prices. Each are delivered by means of EY’s SaaS platform blockchain.ey.com and purpose to handle the ecosystem’s most urgent issues – privateness, safety and regulatory compliance.

“EY is targeted on the Ethereum ecosystem for a lot of causes; most significantly, it has robust organizations backing it such because the EEA and the Ethereum Basis. It’s with nice pleasure that I be a part of the Board of Administrators of the EEA, and I’m trying ahead to collaborating on what’s subsequent on the Ethereum enterprise roadmap. The EEA helps to do the vital work of guaranteeing that companies perceive Ethereum’s enterprise readiness, and right here at EY, we’re captivated with that facet of Ethereum. We’re excited to work with the EEA to additional how companies of all sizes faucet into Ethereum’s potential,” mentioned Brody, who’s a featured interviewee within the EEA Ethereum Enterprise Readiness Report 2022.

About EY

EY exists to construct a greater working world, serving to to create long-term worth for shoppers, individuals, and society and construct belief within the capital markets.

Enabled by knowledge and know-how, various EY groups in over 150 nations present belief by means of assurance and assist shoppers develop, remodel and function.

Working throughout assurance, consulting, regulation, technique, tax, and transactions, EY groups ask higher questions to seek out new solutions to the complicated points dealing with our world at this time.

EY refers back to the world group, and will consult with a number of of the member companies of Ernst & Younger International Restricted, every of which is a separate authorized entity. Ernst & Younger International Restricted, a UK firm restricted by assure, doesn’t present companies to shoppers. Details about how EY collects and makes use of private knowledge and an outline of the rights people have underneath knowledge safety laws can be found through ey.com/privateness. EY member companies don’t follow regulation the place prohibited by native legal guidelines. For extra details about our group, please go to ey.com.

Concerning the EEA

The Enterprise Ethereum Alliance (EEA) allows organizations to undertake and use Ethereum know-how of their every day enterprise operations. The EEA empowers the Ethereum ecosystem to develop new enterprise alternatives, drive business adoption, and be taught and collaborate. The EEA Neighborhood Initiatives gives a hub for open supply growth of code, APIs, requirements, and reference implementations. To be taught extra about becoming a member of the EEA, attain out to [email protected] or go to https://entethalliance.org/become-a-member/.

Comply with the EEA on Fb, Twitter, LinkedIn, and YouTube.

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