EY announces the fourth generation of EY Blockchain Analyzer: Reconciler with new features for blockchain and cryptocurrency audit services

• Now supports Dogecoin, in addition to Bitcoin, Bitcoin Cash, Litecoin, Ethereum and Ethereum Classic blockchains
• Features new Ethereum event search and retrieval dashboard
• Expands ability to add new ERC20 digital assets for reconciliation

The EY global organization today announced the production release of the fourth generation of EY Blockchain Analyzer: Reconciler. The web-based analytics tool – which can be accessed through EY Blockchain’s SaaS platform, blockchain.ey.com – is available to support EY Audit teams across the globe. EY Blockchain Analyzer: Reconciler makes it possible to bulk-reconcile our 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 (DOGE), in addition to five public blockchains: Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH) and Ethereum Classic (ETC). This updated version also includes an Ethereum event search and retrieval dashboard, which allows EY Audit teams to search for specific transactions or event types and expands EY Audit teams’ ability to reconcile more digital assets by making it easier to add new ERC20 tokens in the future.

David Byrd, Blockchain Strategy Leader, Assurance, EY, says:

"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.”

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. As part of the EY roadmap, EY 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, xpub Address Derivation, block explorers and staking.

Enterprises interested in using EY Blockchain Analyzer: Reconciler for transaction monitoring and reconciliation can find more information at blockchain.ey.com. Client acceptance for making the tool available is subject to terms and regulatory restrictions.

-ends-

Notes to editors

About EY

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data, and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.