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- 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 Traditional blockchains
NEW YORK, Could 11, 2022 /PRNewswire/ — The EY group right this moment introduced the manufacturing launch of the third technology 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 provides numerous options together with importing enterprise data, reconciling off-chain enterprise data with on-chain transactions and monitoring pockets balances.
The up to date model introduces a digital signature verification characteristic that enables customers to exhibit 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 characteristic 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 accredited shoppers. This may finally speed up the event and deployment of recent 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 along side 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 have the ability to 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 Traditional. As a part of the EY roadmap, EY engineering groups are frequently working so as to add help for blockchain information throughout a number of further chains based mostly on consumer demand and to help the evolving wants of shoppers, corresponding to 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. Shopper acceptance for making the instrument out there is topic to regulatory restrictions.
Notes to editors
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EY refers back to the international group, and will seek advice from a number of, of the member corporations of Ernst & Younger International Restricted, every of which is a separate authorized entity. Ernst & Younger International Restricted, a UK firm restricted by assure, doesn’t present providers to shoppers. Details about how EY collects and makes use of private information and an outline of the rights people have underneath information safety laws can be found through ey.com/privateness. EY member corporations don’t observe regulation the place prohibited by native legal guidelines. For extra details about our group, please go to ey.com.
This information launch has been issued by EYGM Restricted, a member of the worldwide EY group that additionally doesn’t present any providers to shoppers.
SOURCE EY
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