01-11-2018 12:30 via newsbtc.com

World’s First Secure Private Transactions Launched on Ethereum Public Blockchain

Ernst & Young (EY), one of the ‘Big Four’ public service firms, has devised a solution that allows businesses to enjoy the full benefits of private transactions over a public blockchain. This they have called the EY Ops Chain Public Edition (PE).
Running on the public Ethereum blockchain, the solution leverages on the privacy benefits of zero-knowledge proofs (ZKP) and the security or Ethereum itself, which is powered by thousands of distributed computers spread across the world.
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