EY Introduces OCM: An Innovative Contract Management Solution on Ethereum

EY (Ernst & Young), one of the Big Four accounting firms, has announced the launch of a blockchain-based contract management solution called EY OpsChain Contract Manager (OCM). This solution leverages the security and accessibility of the public Ethereum blockchain, utilizing zero-knowledge proof (ZKP) technology to achieve data privacy, enhance contract integrity, and reduce value leakage.