Ernst & Young launches AI features for its blockchain analyzer to enhance the efficiency of smart contract vulnerability detection
ChainCatcher news, according to CrowdFund Insider, Ernst & Young (EY) has announced new artificial intelligence features for its blockchain analyzer: Smart Contract and Token Review (SC&TR) tool, aimed at enhancing smart contract vulnerability detection through broader code coverage and simplifying the contract simulation process for faster and more robust smart contract reviews.This AI feature allows users to automate and simulate the entire contract review process through natural language prompts and the tool's testing engine, significantly improving efficiency. This functionality is trained on a large number of existing testing and simulation libraries, supporting reviewers and enhancing vulnerability detection capabilities. Automation enables clients to achieve higher testing coverage while maintaining the same resources, while reducing the EY team's review time by 50%.Paul Brody, EY's Global Blockchain Leader, stated, "To fully realize the true value of smart contracts, businesses first need to eliminate the time-consuming and easily overlooked manual processes in testing. Our blockchain analyzer demonstrates how blockchain and AI can complement each other to achieve process automation and improvement."