The inability to conduct secure private transactions has been a major obstacle to fully embracing public blockchain networks.
EY announced that it will release its zero-knowledge proof (ZKP) private transaction protocol into the public domain to help accelerate the adoption of secure, private transactions over public blockchains.
For most enterprises and investors, the inability to conduct secure private transactions has been a major obstacle to fully embracing public blockchain networks.
EY unveiled this first-of-its-kind technology in October 2018 at Ethereum Devcon in Prague. The initial prototype was a version of EY Ops Chain, an EY flagship blockchain business application platform adapted for use on the public Ethereum blockchain.
Source/More: EY releases zero-knowledge proof blockchain transaction technology to the public domain – Moneycontrol.com