- Now globally out there to exterior shoppers by way of blockchain.ey.com
- Helps digital signature verification
- Initially helps information for Bitcoin, Bitcoin Money, Litecoin, Ethereum and Ethereum Basic blockchains
NEW YORK, Could 11, 2022 /PRNewswire/ — The EY group at the moment introduced the manufacturing launch of the third era of EY Blockchain Analyzer: Reconciler. This up to date model has been migrated into blockchain.ey.com and is now out there for the primary time to EY non-audit shoppers and continues to help the EY Audit groups. The instrument affords numerous options together with importing enterprise information, reconciling off-chain enterprise information with on-chain transactions and monitoring pockets balances.
The up to date model introduces a digital signature verification function that enables customers to display account possession with out executing transactions.
David Byrd, EY Blockchain Technique Chief, Assurance, Ernst and Younger LLP, says:
“The newest model of the EY Blockchain Analyzer: Reconciler with the digital signature verification function is a superb enhancement for EY Audit groups and shoppers, permitting demonstration of possession of 1000’s of pockets addresses with out the necessity to transfer cryptocurrencies. I am enthusiastic about replatforming the product on blockchain.ey.com and offering simplified entry to EY Audit groups and authorised shoppers. This can in the end speed up the event and deployment of latest options and performance whereas enhancing the power to scale.”
Along with being actively utilized in 30 EY Audit engagements, EY Blockchain Analyzer: Reconciler has been used at the side of offering EY skilled providers to a number of non-audit shoppers, together with Blockchain.Com. With the transfer to blockchain.ey.com, EY non-audit shoppers will be capable of entry the instrument straight by way of a SaaS mannequin.
The EY Blockchain Analyzer: Reconciler helps information for 5 blockchains: Bitcoin, Bitcoin Money, Litecoin, Ethereum and Ethereum Basic. As a part of the EY roadmap, EY engineering groups are regularly working so as to add help for blockchain information throughout a number of further chains primarily based on shopper demand and to help the evolving wants of shoppers, reminiscent of staking rewards in proof of stake networks.
Enterprises involved in utilizing EY Blockchain Analyzer: Reconciler for transaction monitoring and reconciliation can discover extra info at blockchain.ey.com. Consumer acceptance for making the instrument out there is topic to regulatory restrictions.
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SOURCE EY
