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

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

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EY World 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) right now introduced the development of longtime EEA member Ernst & Younger (EY) to the Board, the best degree of the group. As well as, the EEA introduced that EY World 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 a 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, velocity up settlement instances, enhance transparency and decentralize commerce throughout all trade sectors:

EY and Brody be a part of the Board, which incorporates representatives from EEA member corporations 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 international companies on blockchain options that assist the entire enterprise lifecycle from contracting, ordering, fulfilling, and invoicing to funds, EY’s experience might be instrumental to the EEA Board and member neighborhood.

“That is an thrilling time for companies which are constructing on Ethereum, with The Merge providing corporations 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 count on to learn tremendously 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 might be pivotal to the EEA’s efforts in serving to companies deploy on the Ethereum Mainnet, and perceive Ethereum expertise 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 guide EY’s blockchain technique engagement, working to find out how digital companies and funds come collectively within the new digital world. Below his blockchain management, EY turned the primary Huge 4 agency to decide to the general public blockchain. EY’s international blockchain options platforms, together with EY OpsChain and EY Blockchain Analyzer, permit companies to harness the ability of blockchain, growing effectivity and decreasing transaction prices. Each are delivered by EY’s SaaS platform blockchain.ey.com and purpose to deal with 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 essential work of making certain that companies perceive Ethereum’s enterprise readiness, and right here at EY, we’re keen about 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 expertise, various EY groups in over 150 international locations present belief by assurance and assist shoppers develop, rework and function.

Working throughout assurance, consulting, regulation, technique, tax, and transactions, EY groups ask higher questions to search out new solutions to the advanced points going through our world right now.

EY refers back to the international group, and should check with a number of of the member corporations of Ernst & Younger World Restricted, every of which is a separate authorized entity. Ernst & Younger World 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 beneath knowledge safety laws can be found by way of ey.com/privateness. EY member corporations don’t observe regulation the place prohibited by native legal guidelines. For extra details about our group, please go to ey.com.

In regards to the EEA

The Enterprise Ethereum Alliance (EEA) permits organizations to undertake and use Ethereum expertise of their each day enterprise operations. The EEA empowers the Ethereum ecosystem to develop new enterprise alternatives, drive trade adoption, and be taught and collaborate. The EEA Group Initiatives offers 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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