Ernst & Young integrates Polygon protocol for Ethereum scaling solutions

The British firm Ernst & Young (EY), part of the Big Four, has added support for the Polygon protocol and framework in developing its own Ethereum-based solutions, according to a press release.

The integration will enable the company to increase transaction throughput, delivering “predictable costs and settlement times” for corporate clients. The auditor will also gain the ability to move transactions from the Polygon sidechain to the public Ethereum mainnet.

In addition, the firm said it is collaborating with Polygon developers to create private blockchains using Rollups. Corporations will gain “comfort and security of a closed system”, but will remain connected to the Ethereum mainnet. The company believes that this approach will accelerate the move to public networks and reduce risks.

Earlier in July, ForkLog published material about the reasons for integrating leading DeFi protocols with Polygon.

Earlier in August, this project of a network of secure L2 solutions acquired the Hermez Network platform, which specializes in ZK-Rollups.

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