EY Introduces Blockchain Analysis Tool for BTC
Main page News, Blockchain

Consulting firm EY has just launched a new product to investigate on-chain data. According to the company, the Explorer & Visualizer solution is part of the EY Blockchain Analyzer product suite. Any user can now use the beta version for free.

Users can experience the search and display capabilities of the service, which allows auditors to track specific transactions, addresses and blocks. The data collected allows for the assessment of fraud risks and legal compliance. EY claims that Explorer & Visualizer will also simplify the financial reporting process when blockchain transactions are used.

Explorer & Visualizer will initially support only Bitcoin, however, it is expected to also support Ethereum in the future. This is the second product of the type in the blockchain-focused EY portal. The first one was designed to analyze smart contracts and tokens.

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