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EY Launches Fourth-Generation Blockchain Analyzer Reconciler with Enhanced Features

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It is reported that the fourth generation EY blockchain analyzer Reconciler has been released and put into production. According to the press release released …

EY Launches Fourth-Generation Blockchain Analyzer Reconciler with Enhanced Features

It is reported that the fourth generation EY blockchain analyzer Reconciler has been released and put into production. According to the press release released on February 20, Reconciler with new functions of blockchain and cryptocurrency audit service now supports DOGE and BTC, BCH, LTC, ETH and ETC blockchains.

Ernst&Young blockchain analyzer Reconciler adds DOGE blockchain support

Interpretation of the news:


Ernst & Young (EY), one of the leading professional services firms, has launched its fourth-generation blockchain analyzer, Reconciler. The blockchain analysis tool is designed to help clients navigate the complex regulatory landscape of cryptocurrencies and blockchain technologies.

According to the press release issued on February 20, Reconciler comes with new enhanced features such as cryptocurrency audit service, which supports leading digital currencies like DOGE, BTC, BCH, LTC, ETH, and ETC blockchains. This feature helps in identifying potential fraud, errors, and non-compliance issues in a company’s digital assets.

Furthermore, the new blockchain auditor allows clients to trace cryptocurrency transactions in real-time, providing them with complete visibility of their cryptocurrency transactions. This, in turn, helps clients avoid potential risks and mitigate any instances of fraud.

EY’s Reconciler is designed to simplify the auditing process for blockchain transactions, providing external auditors easy access to the blockchain’s underlying data. This makes it easier for clients to comply with regulatory requirements and provide accurate reporting.

The launch of Reconciler marks another milestone for EY’s efforts in providing blockchain and cryptocurrency solutions to its clients. The technology that powers blockchain is highly resistant to manipulation, making it ideal for industries such as healthcare, supply chain management, and finance.

In conclusion, the introduction of Reconciler finally addresses the auditing issues surrounding blockchain transactions providing clients with peace of mind. Businesses can now rely on Reconciler to verify the integrity of their digital assets, detect fraudulent activities, and avoid penalties for non-compliance issues. With the ever-evolving landscape of blockchain technology, companies must embrace reliable blockchain analyzers such as Reconciler to keep pace with regulatory requirements and remain competitive.

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