Ernst & Young recently revealed that it has started offering its clients a web 3.0 network experience based on the Metaverse.
Top-four accountancy firm Ernst & Young revealed that it has started offering its clients a Metaverse-based network experience. In order to facilitate the creation of web 3.0 based environments for diverse applications, the company had also built up a metaverse lab. Adopting the Parallel universe enables the business to develop web 3.0 based platforms and applications that will lead to a decentralized economy.
On the Ethereum mainnet, the Polygon network already offers blockchain solutions from the top 4 accountancy firms. Polygon’s Blockchain ProductsIn order to include the protocol into their flagship blockchain products and services, Ernst & Young teamed with Polygon in September 2021. The firm’s client would benefit from the most recent news on the implementation of the Metaverse. EY Wavespace, the company’s platform for a worldwide client network, has just been connected with the Parallel universe.
This will increase the network’s capacity to support client innovation and speed up the resolution of any business difficulty. Vice-chairman of EY globally, Jay Nibbe, said:
“The EY organization operates at the intersection of business and technology. By utilizing the EY metaverse experience, businesses can now test the art of the possible and tap into the unlimited potential of this new space.”
Ernst & Young Metaverse Lab.
According to a release, the new Metaverse-based service aids clients in finding better solutions more rapidly. Customers can benefit from EY wavespace encounters whether they are physical, virtual, hybrid, or now available in the Parallel universe. Additionally, the company established the Ernst & Young Metaverse Lab, which features web, augmented reality (AR), virtual reality (VR), and mixed reality capabilities (MR).
The accounting firm’s efforts to create Metaverse-based solutions are the result of intense consumer interest. According to Edwina Fitzmaurice, an official with the company, customers from various fields and industries are very interested in the Parallel universe. Some of the largest organizations have recently entered the Parallel universe. The introduction of the Metaverse ETF was previously announced by BlackRock, the biggest asset manager in the world. It was stated at the time that the product would monitor businesses with exposure to the Parallel universe.
