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

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) right this moment introduced the development of longtime EEA member Ernst & Young (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 schooling 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, pace up settlement occasions, improve transparency and decentralize commerce throughout all trade sectors:

EY and Brody be part of the Board, which includes representatives from EEA member companies 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 whole 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 profit drastically 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 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 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 Large four 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 facility of blockchain, growing effectivity and decreasing transaction prices. Each are delivered by EY’s SaaS platform blockchain.ey.com and intention to deal with the ecosystem’s most urgent issues – privateness, safety and regulatory compliance.

“EY is concentrated on the Ethereum ecosystem for a lot of causes; most significantly, it has sturdy organizations backing it such because the EEA and the Ethereum Basis. It’s with nice pleasure that I be 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 guaranteeing that companies perceive Ethereum’s enterprise readiness, and right here at EY, we’re obsessed 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 Business Readiness Report 2022.

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Concerning the EEA

The Enterprise Ethereum Alliance (EEA) permits 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 trade adoption, and be taught and collaborate. The EEA Community Projects 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/.

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