Ernst & Young adds the Dogecoin network to its blockchain analyzer

The new generation of the tool allows six networks to be analyzed at once

22.02.2023 - 09:00

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2 min

The fourth generation of Ernst & Young’s (EY) Blockchain Analyzer: Reconciler has been released into production.

Reconciler with new features for blockchain and cryptocurrency audit services now supports Dogecoin (DOGE), in addition to Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH) and Ethereum Classic (ETC) blockchains, according to a press release published on February 20.

Accessible through the blockchain.ey.com software as a service (SaaS) platform, this web-based analytics solution is accessible to EY Audit teams all around the world.

By the use of Reconciler, clients’ off-chain books and records are able to be bulk-reconciled to the public ledger.

This revised version now features an Ethereum event search and retrieval dashboard, allowing EY Audit teams to search for certain transactions or event categories and expanding EY Audit teams’ capacity to reconcile additional digital assets in the future by making it easy to add new ERC20 tokens.

Reconciler will improve ability to analyze digital assets

According to David Byrd, Blockchain Strategy Leader, Assurance, EY:

“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.”

Client-serving teams at EY have access to the EY Blockchain Analyzer set of tools, which has been developed over the last six years with the help of a multimillion-dollar investment.

The EY roadmap includes features like new blockchain support, xpub address derivation, block explorers, and staking, all of which are being developed by EY technical teams in response to client demand and to meet the changing demands of our client-serving teams.

This material is taken from the website finbold.com.

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