Bloomberg Tax
Jan. 18, 2023, 1:00 PM

EY, Polygon Update Privacy-Based Blockchain Protocol on Ethereum

David Pan
David Pan
Bloomberg News

Accounting and consulting firm EY and blockchain company Polygon have updated the public source code for Nightfall, a protocol that aims to give corporations a way of undertaking private transactions on a digital ledger.

“This update marks the readiness of Nightfall to enable development of enterprise solutions.” Paul Brody, EY’s global blockchain leader, said in a statement on Wednesday.

Nightfall is based on the popular Ethereum network and aims to enable efficient private transactions like verifying inventory to manage supply chains. EY has been developing blockchain-related services for clients, such as supply chain tracking service OpsChain and on-chain analytics tool ...