EY releases new generation of blockchain solution

EY Blockchain Analyzer: Reconciler

EY has unveiled the release of the fourth generation of EY Blockchain Analyzer: Reconciler. This web-based analytics tool can now be accessed through EY Blockchain’s SaaS platform, blockchain.ey.com, and is designed to support EY audit teams across the globe.

EY Blockchain Analyzer: Reconciler allows audit teams to bulk-reconcile client’s off-chain books and records to the public ledger. The tool also uses analytical dashboards to identify matches and mismatches in transactions, wallet address balances, and digital signatures.

The latest generation of EY Blockchain Analyzer: Reconciler now analyzes data for Dogecoin, in addition to five public blockchains; Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and Ethereum Classic.

This update includes an Ethereum event search and retrieval dashboard, allowing EY audit teams to search for specific transactions or event types, in addition to  expanding EY audit teams’ ability to reconcile more digital assets by making it easier to add new ERC20 tokens in the future.

Over the past six years, the EY Blockchain Analyzer suite of tools has undergone significant developments as part of a multimillion-dollar investment and is available for use by EY client-serving teams. EY’s engineering teams are continually working to add support for blockchain data across additional chains based on client demand and to support the evolving needs of our client-serving teams, such as additional blockchains, block explorers, and staking.

David Byrd, blockchain strategy leader, assurance, EY, said: “This latest version of the EY Blockchain Analyzer: Reconciler with support for Dogecoin and event retrieval capabilities is a significant enhancement for EY audit teams and approved clients. These new features greatly improve EY audit teams’ ability to analyze a larger number of digital assets and Ethereum events on the public blockchain.”