Blockchain security solutions can be used with a variety of data storage systems and are created to safeguard data stored on a particular blockchain. These tools work by assessing risks, analyzing a blockchain ecosystem, and identifying dangers to data, applications, and digital assets.
These security tools are frequently used to safeguard smart contracts and tokenized assets, as well as to spot fraudulent transactions and blockchain security threats. These tools are also used by businesses to guarantee that data is safeguarded against potential risks and stored in accordance with privacy and/or data protection standards.
Although it may not have been created specifically for securing a blockchain, other security software may have features that are similar to those in blockchain security software.
Here listed are 32 blockchain security top tools you must consider trying.
1. Hyperledger
Hyperledger is a collaborative project designed to advance blockchain technology by identifying and addressing crucial components of an open, cross-industry standard for distributed ledgers that has the potential to revolutionize how business is done around the world. The Linux Foundation is the home of open-source software called Hyperledger.
It is built on top of the rapidly evolving blockchain technology. In contrast to public blockchain platforms like Ethereum and bitcoin, it is a private blockchain. The best feature of Hyperledger is how easily all the variables can be changed with a few basic command-line options. It is simple to control the size of consortiums.
Key Features:
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Domain-specific
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Expert security
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Real-time report
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Effective results
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Command-line options
Cost:
You can request a quote through their website.
2. Storj
Storj lets anyone can sell their extra hard drive space on an open-source distributed cloud storage platform built on blockchain technology. Block storage platform Storj is decentralized and S3 compatible. And by using that, you can store the data on their platform with ease. The best feature of Storj is that uploaded data is distributed across many servers around the world rather than being stored on a single server.
You do not need to worry if one of the servers caught fire; you can still restore the data. The closest server location can be selected using Storj's options. You can create multiple buckets on the free plan, and Storj offers API and other application integrations.
Key Features:
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Multi-region functionality
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No lock-in
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Automatic encryption
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Reliable
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Edge-based privacy
Cost:
The pricing starts from a free plan with 150 GB of Object storage.
3. Kaspersky
Kaspersky is one of the largest privately owned and rapidly expanding information security firms in the world. With 37 offices spread across 32 nations, they operate in 200 countries and territories. Kaspersky employs more than 3,300 highly qualified professionals. With a global outlook and a focus on global markets, it is a global corporation.
According to the International Financial Reporting Standards, sales of the company’s goods and services totaled 698 million dollars in 2017. This represents an increase of 8% from the prior year. They constantly innovate and provide protection that is reliable, practical, and available.
Key Features:
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Flexible options
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Real-time antivirus
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Anti-phishing
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Performance optimization
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Payment protection
Cost:
You can request a quote through their website.
4. AlphaPoint
AlphaPoint is a financial technology firm that assists in converting illiquid assets into liquid ones. By offering organizations enterprise-grade blockchain solutions to digitize assets, open markets, and lower operational costs, they help customers launch new goods and services. AlphaPoint is based in New York and serves clients on all five continents.
Distributed Ledger Platform AlphaPoint is a general-purpose permitted blockchain solution that gives developers the tools they need to quickly build and implement a variety of financial solutions. Digital Asset Exchange Solutions by AlphaPoint system in place to manage a digital asset exchange. Optional fully hosted services. With AlphaPoint, you can create and launch your own bitcoin and/or digital currency exchange in less than 30 days.
Key Features:
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Asset digitization
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Enterprise-grade security
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Real-time report
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Effective results
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Command-line options
Cost:
You can request a quote through their website.
5. AnChain AI
AnChain AI is a leading AI blockchain security company. That finds and fixes vulnerabilities for exchanges, wallets, blockchain protocols, and DApps. Utilize the most thorough smart-contract intelligence available to you to keep bad actors and illegal funds out. With entity-level intelligence enhanced by AI across all major blockchains, combat crime and take preventative measures.
Utilizing specialized Know Your Wallet technology, manage your digital asset risk and compliance with ease. A predictive engine created by AnChain.AI can be used to find transactions and unknown addresses that may be suspicious. combining cutting-edge AI forensic capabilities with the most thorough smart contract intelligence available.
Key Features:
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Continuous monitoring
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Auto tracing
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Smart analytics
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Real-time reporting
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Case management
Cost:
You can request a quote through their website.
6. Apollo Currency
Apollo currency, supported by the Apollo Foundation, has achieved its goal of becoming the World's fastest, most private, and most feature-rich cryptocurrency by utilizing a community of elite developers, managers, marketers, and researchers. Apollo was created specifically to provide every popular cryptocurrency feature on a single untraceable platform.
With a sustainable blockchain, Apollo Currency has achieved its goal of becoming the fastest cryptocurrency in the world and one of the most feature-rich. With its proprietary mass adoption technologies. Apollo has demonstrated its abilities while being built with the strict requirements of true mass adoption in mind. The goal of Apollo Fintech is to offer all common features on a single, sustainable platform.
Key Features:
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Asset System
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Encrypted Messaging
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Blockchain File Storage
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Alias System
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Phased Transaction
Cost:
You can request a quote through their website.
7. Authlink
Authlink, for the benefit of your brand and customers, helps you make sure that your organization's supply chain system is completely transparent. For the benefit of your brand and customers, make sure that your organization's supply chain system is completely transparent. For your customers, develop innovative, transformative, and interactive digital experiences before, during, and after the purchase of your products.
Utilize anti-counterfeit and digital brand protection tools to protect the confidentiality of your company's and your products' information. With the help of their cutting-edge transparency solutions, you can address customer concerns and promote business sustainability within your organization. Utilize the digital dashboard's revolutionary consumer and supply chain insights and analytics to stay one step ahead of the competition.
Key Features:
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Dashboard and Analytics
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User Access Management
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Template Creation Wizard
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Certificate Creation Wizard
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Manage Track & Trace
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API Integration
Cost:
The pricing for this blockchain security tool starts from $99 per month.
8. Bitfury
BitFury is a Bitcoin Blockchain security and infrastructure provider that is fully integrated. Bitfury Group has leveraged its history as one of the first Bitcoin miners and providers of Bitcoin mining equipment to create a suite of infrastructure products and services that power the Web 3.0 ecosystem and make digital assets safe, sustainable, and useful. From hardware to security to software, the companies use cutting-edge technologies to solve tomorrow's most pressing problems.
Key Features:
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Domain-specific
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Expert security
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Real-time report
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Effective results
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Command-line options
Cost:
You can request a quote through their website.
9. Block Cypher
BlockCypher which is a reliable and scalable blockchain platform designed for the cloud, powers crypto-currency applications. Thousands of companies, ranging in size from startups to large corporations, rely on BlockCypher to incorporate blockchain into their applications. Their cutting-edge, quick, and potent global infrastructure will advance your apps.
Since 2014, they have been offering top-notch APIs. And they have no intention of leaving. allowing you to write your app without concern. This company can operate in multiple data centers thanks to the architecture, which provides redundancy and low latency. They manage a group of distributed databases that house the entire blockchain's transactional data.
Key Features:
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WebHooks
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Lookups
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Payment Forwards
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Email support
Cost:
The pricing for this blockchain security tool starts from $100.
10. Chainkit
Chainkit can quickly identify attacks. In order to avoid detection and extend dwell times inside a system, attackers use adversarial anti-forensic tampering techniques, which Chainkit can detect. In order to secure your data and ensure that it can be verified with complete confidence, Chainkit establishes a "Chain of Custody" around it.
Chainkit is a cutting-edge cyber security tool that provides absolute attestation while detecting invisible threats more quickly. See the attacks that are concealed in your data and going undetected. Chainkit can quickly identify stealthy cyberattacks and reveal their exact locations, giving you complete confidence in the integrity of your data.
Key Features:
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Premium support
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Add-ons
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Custom plans
Cost:
The pricing for this blockchain security tool starts from $50.
11. Civic
Civic Reusable, the blockchain-based KYC tool is for businesses that need more advanced account verification services. Access the expanding range of web3 services with a flexible identity that you control and is based on your individual self-expression. A critical first step in democratizing access to social rights like voting and financial services is having a universally accessible identity.
They are working to create a society in which personality, as opposed to just documents, serves to define identity and where each person's distinct expression helps to protect their own, controllable digital identity.
Key Features:
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Domain-specific
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Expert security
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Real-time report
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Effective results
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Command-line options
Cost:
You can request a quote through their website.
12. Datafund
Datafund protocol protects personal information, offers secure storage, and permits moral data exchange. To regain control over, own, and manage their data, people establish their own data funds. By mishandling people's personal data for the past two decades, the data economy has generated enormous value.
Businesses that prioritize privacy and ethics will succeed in the new data economy while others will fall behind. With Datafund's decentralized solutions, you can create a brand-new business model or adapt an existing one to the demands of the modern marketplace. granular user permissions and semantically rich datasets available on demand. Permissions can be set by an individual down to a key-value pair.
Key Features:
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AI-ready
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Developer friendly
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No central servers
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No tracking
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Open-source
Cost:
You can request a quote through their website.
13. Elliptic
Elliptic helps financial institutions and law enforcement agencies find illegal activity on the Bitcoin blockchain. To visualize and investigate crypto asset wallets and transactions, conduct one-click blockchain investigations. faster than ever before, look into customer activity, and follow the money in cryptocurrencies. Investigate particular crypto addresses, transactions, and entities, and establish connections between them and real-world actors using thousands of assets.
Discover suspicious activity and transactional relationships with little training. Keep tabs on the transactions and addresses connected to certain entities, such as darknet markets and cryptocurrency exchanges. Be proactive in risk management and carry out ongoing surveillance.
Key Features:
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Growth compliant
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Risk management
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Financial crime prevention
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Continuous monitoring
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Real-time reporting
Cost:
You can request a quote through their website.
14. GK8
GK8 is a cyber-security firm that helps financial institutions can store and manage their digital assets safely and securely. The only MPC on the market that allows an infinite number of automatic co-signers without degrading network performance.
The largest MPC wallet available, allowing thousands of automatic transactions per second much more quickly than ANY other MPC wallet. combining cloud and on-prem co-signers to stop theft even if all cloud co-signers are compromised. Hardware security of military-grade, exceeding industry standards.
Key Features:
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Management compliance and control
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Patented Offline Authentication
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Risk management
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Financial crime prevention
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Continuous monitoring
Cost:
You can request a quote through their website.
15. Guardtime
Guardtime was established with the goal of making information accessible to all without relying on the dangers of human trust. Their creation, KSI, was initially created to aid the Estonian government in its search for zero-trust systems.
The annual cost of managing human trust in the global economy is in the trillions of dollars. There are numerous business operations that aim to reduce the degree of uncertainty involved in placing trust in others. But they fall short due to rising costs. Their ideal scenario is one in which these functions are cryptographically encoded into the design of applications, making them obsolete.
Key Features:
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Growth compliant
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Risk management
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Financial crime prevention
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Continuous monitoring
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Real-time reporting
Cost:
You can request a quote through their website.
16. HYPR
HYPR, the Passwordless Company, has Comcast, Samsung, and Mastercard as backers. Despite billions of dollars being spent on cyber security, passwords and shared secrets continue to be the leading cause of breaches. The HYPR Cloud Platform combines the security of a smart card with the ease of a smartphone to make it simple to go passwordless throughout the enterprise.
Businesses can now close the desktop MFA gap, get rid of user passwords, and provide blazing-fast login experiences that users love thanks to HYPR. Make it quicker and simpler for users to access digital systems and resources from anywhere while enhancing the security of your organization.
Key Features:
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Growth compliant
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Risk management
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Financial crime prevention
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Continuous monitoring
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Real-time reporting
Cost:
The pricing for this blockchain security tool starts from $4.
17. Madana
Madana is a Berlin-based tech startup that uses a variety of cutting-edge technologies, including Blockchain technology, to enable the development of future data ecosystems. A significant advancement in data science, their patent-pending solution enables privacy-preserving data analysis and permits participants to create a data market while upholding Privacy by Design.
Through the use of privacy-enhancing technologies, they allow businesses to better utilize data and gain more distinctive insights. They are a Berlin-based cyber security firm that makes use of a number of cutting-edge technologies, including Blockchain and confidential computing, to enable secure and reliable applications.
Key Features:
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Growth compliant
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Risk management
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Financial crime prevention
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Continuous monitoring
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Real-time reporting
Cost:
You can request a quote through their website.
18. Modex
Modex is a hybrid data storage system that combines conventional database engines with blockchain frameworks to add distinctive, specially designed functionalities that make the technology useful in an enterprise setting. It is a minimal enterprise middleware that links legacy databases to a blockchain engine to guarantee the integrity, trustworthiness, and trustworthiness of enterprise data.
In order to improve data integrity, make data sharing secure, and streamline operations, blockchain technology can be incorporated into existing data systems. Integration is adaptable and supports the goals of the customer's business. In order to introduce a number of new functionalities, the blockchain database layer is implemented inside existing data systems. After the network has been configured to suit your company's requirements, Modex assists you in setting up the infrastructure.
Key Features:
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Domain-specific
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Expert security
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Real-time report
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Effective results
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Command-line options
Cost:
You can request a quote through their website.
19. NKN Full Node
NKN helps everyone easily access and make use of the security services. Since the code is available in numerous programming languages, every developer can easily adopt it. The NKN network always chooses the best path to take to get there. Data is always routed through the relayers that are moving the fastest thanks to their own "proximity routing" algorithm.
Without directly utilizing an IP address, NKN functions. Data is only ever stored locally, providing the best possible privacy and security protection. The innovative MOCA consensus algorithm from NKN supports any number of consensus nodes and is horizontally scalable. More than Bitcoin and Ethereum, the NKN manner can support millions of full consensus nodes.
Key Features:
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Extra security
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Optimized Routing
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Private and secure delivery
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Easy to use
Cost:
You can request a quote through their website.
20. NuCypher
NuCypher provides security and encryption for blockchain, big data, the cloud, and the internet of things are just a few examples of distributed systems. Proxy re-encryption, the foundation of our technology, is a form of public-key encryption that enables an intermediary entity to convert ciphertexts from one public key to another without being aware of the underlying message.
It is a method of securely granting others access to encrypted data by creating access controls that are cryptographically enforced. The PRE network from NuCypher offers distributed apps and protocols cryptographic access controls. encrypt data while maintaining the privacy of the inputs and outputs.
Key Features:
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Secure computation
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Dynamic Access Control
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Secrets Management
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Continuous monitoring
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Easy to use
Cost:
You can request a quote through their website.
21. Valid Network
Valid Network aims to enable more rapid and confident adoption of blockchain technology across industries. The company's all-encompassing security and assurance solution for blockchain business applications is supported by proprietary technology that it has developed.
Having full visibility and control over the governance, compliance, and security posture of their decentralized applications is made possible by the solution's extensive and rich feature set. Security industry veterans founded Valid Network, which now has international security, blockchain, research, and analysis experts on staff. In contrast, to open ledger financial metrics that have become commoditized, Valid Network Research offers real-time rating data.
Key Features:
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Multiple portfolios
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Customized dashboard
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Transaction level analysis
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Expert security
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Real-time resolution
Cost:
You can request a quote through their website.
22. Glasschain
Glasschain is based in Switzerland and works to reduce Bitcoin network fraud. By entering the address into the search box on the landing page, you can find it. You can discover all the details about that bitcoin address, including whether or not any reports have been made. By reporting a fake address, exchanges and service providers can stop fraudsters.
From withdrawing money or transferring assets further because they can see that the money has been tainted. It enables you to follow the flow of money by keeping an eye on a bitcoin address. You will receive an email notification if there are any new reports or if the money is transferred to a recognized platform.
Key Features:
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Domain-specific
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Expert security
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Real-time report
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Effective results
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Command-line options
Cost:
You can request a quote through their website.
23. Sofocle
Sofocle works with you to identify the use cases for Blockchain applications that are crucial to your business. From there, it implements them, with the assistance of a knowledgeable group of Blockchain engineers. These products use block references, hashing, and cryptographic identification, making them one of the most secure options available.
The legitimacy of transactions and other data stored on the Blockchain is confirmed by the ability to "Track & Trace" them. A platform that allows all authorized users to view each transaction reduces the possibility of a dispute.
Key Features:
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Domain-specific
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Expert security
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Real-time report
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Effective results
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Command-line options
Cost:
You can request a quote through their website.
24. Truebit
Truebit can help smart contracts securely carry out complex computations in common programming languages at a lower gas cost. Although small calculations can be correctly performed by smart contracts, blockchain security is threatened by large computation tasks. With the help of Truebit, smart contracts on the blockchain can safely carry out complex computations using common programming languages at a lower gas cost.
While small calculations can be correctly completed by smart contracts, blockchain security is compromised by large computation tasks. A trustless, retrofitting oracle that correctly completes computational tasks is how Truebit addresses this flaw.
Key Features:
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Growth compliant
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Risk management
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Financial crime prevention
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Continuous monitoring
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Real-time reporting
Cost:
You can request a quote through their website.
25. Uppsala Security
Uppsala Security is a risk management firm with expertise in cryptocurrency AML, regulatory compliance, and cybersecurity is called Uppsala Security. The initial platform for crowdsourcing threat intelligence was called Sentinel Protocol. CARA classifies the risk level of crypto addresses using machine learning techniques based on learned traits of both malicious and non-malicious wallets.
An examined wallet's incoming and outgoing transactions are tracked by the crypto forensic tool known as Crypto Analysis Transaction Visualization (CATV). It helps identify suspicious flow behavior by providing a visual interface for analyzing token flow and the types of wallets with which it interacts.
Key Features:
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Growth compliant
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Risk management
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Financial crime prevention
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Continuous monitoring
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Real-time reporting
Cost:
You can request a quote through their website.
26. Hacken
Hacken offers cybersecurity services to clients worldwide and companies of all sizes. Blockchain technology was first developed to speed up the creation and adoption of cryptocurrencies. For smart contracts, asset record management, online transaction management, asset record management, and security, many businesses are now using them.
They serve as distributed digital ledgers that are a part of an infrastructure. They enable the safe storage of sensitive data and its integrity-preserving organization. All businesses should place a high priority on security. They provide assistance and information to help businesses protect themselves.
Key Features:
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Vulnerability Assessment Service
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Threat Modelling
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Cloud Security Assessment
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WIRA
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Social Engineering Test Services
Cost:
You can request a quote through their website.
27. Qlue
Qlue helps to trace, track, and monitor bad actors who use cryptocurrencies. Developed in collaboration with senior law enforcement investigators and anti-money laundering experts, Qlue is an investigative tool that uses cutting-edge proprietary search algorithms to find a suspicious activity that criminals try to hide by using cryptocurrencies.
No matter if you are battling money laundering, human trafficking, drug and weapon trafficking, or any other form of cybercrime. This was developed by BIG Blockchain Intelligence Group with the help of regulators, the financial sector, and law enforcement. Visually track, trace, and keep an eye on Bitcoin-related illegitimate cryptocurrency activity.
Key Features:
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Extra security
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Optimized Routing
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Private and secure delivery
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Easy to use
Cost:
You can request a quote through their website.
28. Slowmist
SlowMist is another on the list and Blockchain ecological security is the company's main area of focus. It is headquartered in Xiamen and was established in January 2018. It was started by a group of individuals with more than ten years of experience in both offensive and defensive first-line cyber security operations. The team has produced safety engineering of the highest caliber. International blockchain security firm SlowMist Technology.
Through "threat detection to threat defense integrated security solutions tailored for local conditions," it supports numerous well-known and top-ranked projects all over the world. Wallets, exchanges, smart contracts, and the underlying public blockchain all fall under this category. There are thousands of business clients, and these clients are spread across more than a dozen nations.
Key Features:
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Growth compliant
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Risk management
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Financial crime prevention
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Continuous monitoring
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Real-time reporting
Cost:
You can request a quote through their website.
29. Chainanalysis
Chainalysis is a well-known blockchain analysis company that offers compliance and investigative tools to banks, cryptocurrency companies, and government organizations. It includes a variety of tools for risk analysis, visualization, and transaction tracking.
Chainalysis KYT identifies risky bitcoin transactions from sanctioned addresses, fraud, and darknet markets (Know Your Transaction). It has a straightforward user interface for examining and looking into transactions. The reactor is a cryptocurrency address visualization tool for any blockchain, including Bitcoin and Ethereum. Additionally, it provides information that is essential for bitcoin investigations on the real-world identities of blockchain addresses.
Key Features:
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Growth compliant
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Risk management
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Financial crime prevention
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Continuous monitoring
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Real-time reporting
Cost:
You can request a quote through their website.
30. CipherTrace
CipherTrace offers AML compliance solutions for cryptocurrencies to some of the most significant banks, exchanges, and other financial institutions worldwide. This is because it uses proprietary clustering algorithms, analytics, and best-in-class data attribution. Additionally, compared to other Blockchain analytics companies, it covers more than 2,000 cryptocurrency entities. protection from the risk of payment using virtual currencies, illegal money services, and money laundering.
Knowing the transaction makes it simpler to comply with crypto AML. With the help of robust blockchain forensic tools, it is possible to conduct investigations into fraud, crime, or sanction evasion. Follow the flow of money visually. Verify the AML compliance of cryptocurrency businesses, assess the efficacy of KYC, and audit their operations. The CipherTrace certified examiner training provides practical instruction in blockchain and cryptocurrency tracing.
Key Features:
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Growth compliant
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Risk management
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Financial crime prevention
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Continuous monitoring
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Real-time reporting
Cost:
You can request a quote through their website.
31. Etherscan
Etherscan is the most well-known Ethereum blockchain explorer, search engine, API, and analytics platform. Ethereum is a platform for decentralized smart contracts. There are two API plans offered by Etherscan.
These include API PRO, which includes derived blockchain data, and a free set of community endpoints. comprehensive and in-depth analysis and explanations of the technical difficulties faced by Ethereum developers. The end-user can easily understand and use the block explorer's analysis and insights on the Ethereum blockchain.
Key Features:
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Multiple portfolios
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Customized dashboard
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Transaction level analysis
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Expert security
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Real-time resolution
Cost:
You can request a quote through their website.
32. TIBCO
TIBCO Cloud AuditSafe helps any cloud or on-premises application can easily write to an immutable, searchable cloud-based ledger. You can locate a transaction, a series of transactions or even an entire hierarchy of intricate transactions quickly using basic discovery tools.
You can alter transaction views to only display the data you want to see and hide the data you don't. Modern security standards are used to encrypt every transaction. For added security and trust, store the hash values of your transactions in an immutable blockchain network using the optional blockchain SaaS TIBCO Blocklayer. Any cloud or on-premises application can use the TIBCO Cloud AuditSafe REST API.
Key Features:
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Multiple portfolios
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Customized dashboard
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Transaction level analysis
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Expert security
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Real-time resolution
Cost:
You can request a quote through their website.
Things to Consider While Selecting Blockchain Security Tools
Phishing Attacks
Phishing is an attempt to obtain a user's login information through fraud. Owners of wallet keys receive emails from scammers that appear to be from a reliable source. The emails contain bogus hyperlinks that request users' login information. The blockchain network and the user may both suffer losses if someone gains access to a user's credentials and other sensitive information.
Routing Attacks
Real-time, massive data transfers are essential for blockchains. Data that is being transferred to internet service providers can be intercepted by hackers. In a routing attack, blockchain participants frequently are blind to the danger, making everything appear to be normal. However, behind the scenes, thieves have taken money or private information.
Sybil Attacks
The goal of a Sybil attack is to overwhelm the network and bring down the system by creating and using numerous false network identities. A well-known book character with multiple identity disorders is referred to as Sybil.
Conclusion
These were 32 blockchain security tools you must consider trying to support a more thorough investigation into specific ledgers, identities, and transactions, whereas blockchain security tools facilitate the actual protection of data.
FAQs
What are blockchain security tools?
Blockchain security tools are a thorough risk management system for a blockchain network that uses assurance services, best practices, and cybersecurity frameworks to lower risks against fraud and attacks.
Decentralization is made possible by blockchain technology by allowing members of a distributed network to participate. No single point of failure exists, and a single user cannot alter the transaction record. However, there are some significant security differences between blockchain technologies.
What should you consider while using blockchain security tools?
Blockchain network risks must be recognized and managed in order to maintain blockchain security. A blockchain security model is a strategy for adding security to these controls. To make sure that all safeguards are in place to adequately secure your blockchain solutions, create a blockchain security model.
Administrators must create a risk model that can address all business, governance, technology, and process risks in order to implement a blockchain solution security model.
How does security differ by blockchain type?
Blockchain networks can vary in terms of who can participate and access the data. Networks are frequently designated as public or private, depending on who is permitted to participate, and approved or permissionless, depending on how users can access the network.
It's crucial to determine which network type will best serve your business objectives when developing a blockchain application is crucial. For compliance and regulatory purposes, private and permitted networks can be tightly regulated and are preferred. Public and permissionless networks, however, can achieve more distribution and decentralization.
How can blockchain security be employed for an enterprise?
It's crucial to think about security at every level of the technology stack when developing an enterprise blockchain application, as well as how to control network governance and permissions.
Using both conventional security controls and controls specific to the technology is part of a comprehensive security strategy for an enterprise blockchain solution. Several of the security measures particular to business blockchain solutions include:
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Identification and access control
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Key administration
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Data security
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Protected communication
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Security for smart contracts
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Transaction approval
How to implement blockchain security effectively?
Blockchain network risks must be recognized and managed in order to maintain blockchain security. A blockchain security model is a strategy for adding security to these controls. To make sure that all safeguards are in place to adequately secure your blockchain solutions, create a blockchain security model.
Administrators must create a risk model that can address all business, governance, technology, and process risks in order to implement a blockchain solution security model. The next step is to assess the risks associated with the blockchain solution and develop a threat model.
