Professional services firm EYnews and 0xPolygon are preparing Ethereum privacy platform Nightfall for enterprise release. IanAllison123 reports
EY’s Nightfall, a five-years-in-the-making system allowing businesses to shield the content of transactions on the public Ethereum blockchain, has entered its final phase of production readiness for deployment using the Polygon network.
The goal for EY and Nightfall, which teamed up with scaling specialist Polygon in September 2022, has always been to harness the power of the public Ethereum network for big business.
“The optimistic part allows us to have a very low cost for transactions,” he said. “Enterprises aren’t really doing trading. Most of the time, what they’re doing is moving 100,000 widgets in inventory and the transaction costs have to be driven as low as possible.”
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