11 Blockchain Companies Applying Distributed Ledger Technology to Compliance & Security

April 20, 2016     By : Sofia

Third Key Solutions provides consulting and cryptographic key management solutions for companies using decentralized digital currencies, distributed blockchains and asset-tokens.

Chainalysis allows to spot connections between digital identities. The company’s product allows financial institutions to develop trust lines between them as well as identify malicious actors. The company states as its mission to create tools that respect user privacy and prevent abuse of the financial system.

11 Blockchain Companies Applying Distributed Ledger Technology to Compliance

 

Tradle is using a blockchain to bridge internal and external financial networks to achieve user-controlled KYC portability. Open-source mobile framework combined with the business app development and integration platform allow Tradle to build full-stack sophisticated blockchain apps.

 

Vogogo specializes in providing leading verification tools for optimal risk management and payment processing, all from a simple JSON REST API.

Elliptic is the world’s first company to secure insurance for blockchain assets. It is also the world’s first company of a type to achieve accreditation from a Big Four audit firm, KPMG. The company offers a real-time AML protection for bitcoin.

Civic is a blockchain-based identity solution which aims to tackle the problem of consumer identity theft and reducing online identity fraud. The company is a free identity protection platform which is going to be launched in the month of May.

Coinalytics enables enterprises to derive real-time intelligence and risk assessment from blockchains and decentralized applications. The platform employs advanced pattern recognition methodologies and real-time online learning to mine pseudonymous data with sparse features.

Sig3’s multi-sig technology provides an additional layer of security for bitcoin transactions. Instead of needing only one signature or key to make a transaction, the user can setup a multi-sig wallet that requires the signature from two of three keys before a transaction is finalized and broadcasted to the network. Sig3 is an independent, third-party automated cosigner. As an independent party, Sig3 can be integrated with any multi-sig wallet while keeping an arm’s length from the wallet, ensuring there isn’t a single point of failure.

BlockSeer‘s mission is to build a unified foundation of transparency for the public bitcoin ecosystem. By providing transparency of the bitcoin blockchain and its participants, BlockSeer aims to reduce the level of disorder and chaos and increase the level of knowledge and analysis of the publicly accessible blockchain network.

CryptoCorp is a security startup focused on improving the bitcoin ecosystem. CryptoCorp offers a security service called the Digital Oracle that can participate in multi-signature transactions originating in any bitcoin wallet.

Blockverify offers a blockchain-based, anti-counterfeit solution that can be applied to pharmaceuticals, luxury items, electronics and diamonds. With Blockverify companies can create their own register of products and monitor the supply chains.

Sofia

Sofia is a contributing writer for LTP based in New York. She is a market research professional skilled in data analysis and visualization. Sofia has an extensive experience in consumer behavior studies and marketing analytics. She is passionate about disruptive startups with innovative business models that are having a powerful impact on the industries.

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