Blockchain Lab

What Blockchain Lab does

Blockchain Lab is a London-based blockchain technology consultancy founded in 2013 that targets financial institutions with a portfolio of eight blockchain-based solutions: Escrow, Fraud Prevention, Crowdfunding, Single Customer View, Loyalty Programme, Regulatory Reporting, Smart Identity (KYC), and Asset Tracking. Each product leverages distributed ledger immutability and smart-contract automation to address specific financial-services pain points such as manual escrow workflows, insurance fraud (citing an ABI estimate of £2,000m+ spent annually on fraud investigations), fragmented customer data, KYC duplication, and opaque regulatory reporting.

Under the hood, the company builds on established distributed-ledger platforms — its website displays logos for Bitcoin, Ethereum, and other blockchain ecosystems — and combines these with smart-contract rules engines and IoT-integration concepts. Solutions are framed as 'blockchain-underscored' platforms that consolidate data from siloed systems into a single immutable customer view, automate reward and fund-release processes via smart contracts, and enable real-time regulator access to reporting data.

Commercially, Blockchain Lab operates a professional services / consulting revenue model, selling its skill set as a service to institutions wishing to explore, build, or integrate distributed-ledger technology. Its go-to-market is direct enterprise engagement targeting banks, insurers, and financial-services organizations. The firm employs 51-100 people, is privately held, is headquartered at 1 Primrose Street in the City of London, and to date has raised a single disclosed funding round of $6,000,000 in December 2021 under CEO and Founder Ismail Malik. No named customer logos, partnerships, or awards are disclosed in the available data.

Name

Blockchain Lab

Legal name

Blockchain Lab

Website

https://blockchainlab.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Blockchain Lab is a London-based blockchain consultancy founded in 2013 that builds and integrates distributed-ledger solutions for financial institutions, offering eight products covering escrow, fraud prevention, KYC, regulatory reporting, loyalty, crowdfunding, single customer view, and asset tracking.

Ownership category

akta.pro rank

Product category

Blockchain Consulting Services

NAICS

Other Scientific and Technical Consulting Services (54169), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH)

akta.pro secondary industries

Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI), Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB), Blockchain Forensics & Investigations (attribution, tracing, recovery support) (FSAPAJAD)

Keywords

• Blockchain consulting
• Distributed ledger services
• Smart contract development
• Financial blockchain solutions
• Blockchain integration services

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Blockchain Consulting Services: Blockchain Lab offers their skill set as a service to institutions wishing to explore, build or integrate with the distributed ledger that is the blockchain. The company comprises business and technical professionals engaged in blockchain technology practice, providing services across exploration, development and integration.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Blockchain Lab is a blockchain consultancy comprising business and technical professionals that offers their skill set as a service to financial institutions wishing to explore, build, or integrate with distributed ledger technology. The firm delivers eight discrete blockchain-powered solutions covering Escrow, Fraud Prevention, Crowdfunding, Single Customer View, Loyalty Programme, Regulatory Reporting, Smart Identity, and Asset Tracking, leveraging smart contracts, immutable data, and IoT integration.

Product overview

Blockchain Lab is a blockchain technology consultancy offering eight distinct blockchain-powered solutions for financial services institutions. The portfolio includes Escrow, Fraud Prevention, Crowdfunding, Single Customer View, Loyalty Programme, Regulatory Reporting, Smart Identity, and Asset Tracking. These solutions leverage blockchain's immutability, transparency, and smart contract capabilities to address operational challenges in financial services, including KYC processes, regulatory compliance, insurance fraud detection, and customer data management. The company positions itself as an early entrant in the blockchain space, providing both strategic consultation and technical implementation services.

Differentiator

Problem solved

Functional benefit

Products and services

• Escrow A blockchain-based escrow service that writes escrow criteria into smart contracts, automatically releasing funds when validated conditions are met, improving transparency and speed over traditional manual processes.
• Fraud Prevention A blockchain solution that creates an immutable history of assets and people to help insurers detect and prevent fraud, using smart contracts for event verification and automated claims processing.
• Crowdfunding A blockchain-based crowdfunding platform enabling peer-to-peer lending and value exchange with smart contracts, providing transparency and accountability for financial institutions.
• Single Customer View A blockchain platform providing real-time, immutable views of customer data across financial services, enabling relationship managers and regulators to access consolidated customer information across previously siloed systems.
• Loyalty Programme A blockchain-anchored loyalty system that consolidates customer data from multiple silos into a single real-time view, with smart contracts ensuring automatic reward payments across fragmented loyalty systems.
• Regulatory Reporting A blockchain reporting solution that acts as an immutable data store for regulatory compliance, with smart contracts writing reporting rules directly into the blockchain to produce real-time reports through a rules engine.
• Smart Identity A blockchain platform for storing and managing encrypted investor information with KYC validation, allowing trusted third parties to verify identity and reducing duplication across financial institutions.
• Asset Tracking A blockchain solution providing immutable transaction history for tracking assets such as artwork, aircraft parts, and other valuables, serving insurers, asset managers, and buyers with full provenance transparency.

Quantifiable outcome

• Reduction in escrow processing time through automatic smart contract-based criteria validation
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• R3: R3 is a direct peer offering the Corda enterprise blockchain platform purpose-built for financial services institutions, including banks and insurers — closely matching Blockchain Lab's vertical FS focus on regulatory, KYC and asset-tracking use cases.
• ConsenSys: ConsenSys is a blockchain technology consultancy and product builder serving enterprises across financial services, similar in professional-services model and FS use-case portfolio to Blockchain Lab.
• Digital Asset Holdings: Digital Asset builds enterprise blockchain solutions (DAML smart-contract language, Daml Hub) targeted at financial services, directly comparable to Blockchain Lab's enterprise DLT offerings for banks and insurers.

Broad incumbents

• Deloitte Blockchain: Deloitte's enterprise blockchain practice delivers DLT advisory and solutions to banks, insurers and capital markets firms, competing directly for the same consulting and integration mandates as Blockchain Lab.
• Accenture Blockchain: Accenture operates a broad enterprise blockchain consulting practice serving global financial institutions — a larger incumbent offering overlapping advisory and implementation services to the same FS buyer as Blockchain Lab.
• PwC Blockchain: PwC's blockchain and crypto advisory practice serves global financial institutions with consulting and implementation services, overlapping Blockchain Lab's enterprise FS engagement model.
• H分RISS (KPMG Blockchain): KPMG's blockchain services arm serves enterprise financial services clients with advisory and implementation services, comparable in buyer segment and engagement type to Blockchain Lab.
• EY Blockchain (OpsChain): EY's blockchain practice (including OpsChain) provides enterprise blockchain services to banks, insurers and asset managers, competing with Blockchain Lab on FS-focused implementations and regulatory use cases.
• IBM Blockchain: IBM Blockchain offers enterprise blockchain platforms and FS consulting through IBM Consulting — a broad incumbent competing for the same enterprise DLT budget that Blockchain Lab targets.

Emerging players

• Chainalysis: Chainalysis provides blockchain analytics and compliance tooling for financial institutions — partially overlapping Blockchain Lab's Fraud Prevention and Regulatory Reporting offerings, though more specialised in crypto-asset transaction monitoring.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/blockchainlab
• Facebookfacebook.com/blockchainlab
• LinkedInlinkedin.com/company/blockchainlab

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Blockchain Lab