Merkle Trees have been used by the Crypto Industry since 2013 to prove completeness of liabilities. With LedgerLens, you now have all you need to easily execute a full Merkle Tree Proof of Reserves attestation.
Extract a report of all customer balances from the crypto exchange or platform.
Hash user balance data to maintain privacy.
Run the customer liability extract through the LedgerLens merkle tree generator.
Use LedgerLens to publish the Merkle Tree.
Enable users to cryptographically verify inclusion within the Proof of Reserves, while still maintain customer privacy.
Publish the Merkle Root within the attestation report, which seals the dataset from future tampering and links the attestation report to the Merkle Tree.
Easily generate a Merkle Tree in minutes, for up to millions of client’s customers, with our simple step-by-step process.
Enable your client’s customers to verify inclusion within the Proof of Reserves procedures.
With a simple line of code, embed the results via widget or API to display Attestation Reports, the Merkle Tree Verification Hub, and summary information about the Proof of Reserves.
Change the style, themes, and colors to match your client’s website and brand.
Prevent the next Mt. Gox or FTX with a Proof of Reserves program
Achieve institutional-grade standards and protect against the risk of omnibus custody
Ensure derivatives platforms maintain enough collateral and margin
LedgerLens’ team of certified public accountants and blockchain experts are here for engagement support to get your practice off the ground.
Use LedgerLens’ personnel to staff and support your digital asset engagements
Leverage our team of experienced, certified public accountants to train and equip your team.
Access an expansive network of Digital Asset industry connections and knowledge sharing.
Nick is a CPA and quality control partner at The Network Firm, a Certified Public Accounting Firm domiciled in the US.
Nick is an advisory to the LedgerLens, and uses his experience as a Partner on crypto audits to influence the product roadmap for LedgerLens.
Nick was inspired to contribute to LedgerLens to provide auditors with the tools needed to navigate the unique challenges of crypto auditing, as he experienced the challenges of auditing crypto companies himself.
Nick holds certifications as a Certified Bitcoin Professional (CBP) and Certified Public Accountant (CPA) and is an active member of the Cryptocurrency Certification Consortium, Chamber of Digital Commerce, OSCPA, and AICPA.
Through LedgerLens, Nick continues to contribute to the advancement of transparent, reliable digital asset auditing.
Noah is the CEO of LedgerLens, a suite of crypto audit tools, with over 15 years of experience in audit, IT audit, and regulatory compliance, specializing in digital assets since 2016.
During his time as an IT auditor in public accounting, Noah tackled the challenges of auditing crypto companies—running nodes, extracting blockchain balances, and verifying customer ownership. While he developed solutions within a Top 20 accounting firm, he saw that most auditors lacked these resources, creating barriers to servicing the growing crypto industry.
This realization inspired Noah to create LedgerLens, empowering auditors with the tools needed to serve the crypto space effectively. Having worked with hundreds of digital asset clients, Noah uses his expertise to address key crypto auditing challenges.
Along with creating LedgerLens, Noah contributes to the future of the profession by serving on the AICPA’s Digital Assets Working Group and leading The Digital Chamber’s Accounting Taskforce.
Through LedgerLens, Noah continues to drive innovation and trust in digital asset assurance.
