What BlockChain Security Corp. does

BlockChain Security Corp. (區塊科技股份有限公司) is a Taiwan-headquartered, privately held blockchain security company founded in February 2018 by digital forensics veterans with over 17 years of industry experience. The company builds an integrated portfolio of blockchain-based security, cryptocurrency custody, and digital forensics products targeting government agencies, financial institutions, and law enforcement bodies in Taiwan and internationally. Its flagship offerings include M-Key, a quantum-resistant cryptocurrency vault combining patented Keyless multi-signature technology with NIST FIPS 140-3 Level 3 HSM hardware and FIDO2 zero-trust authentication; PangoLink, an AI-powered anti-money laundering tool for tracing cryptocurrency fund flows across multiple blockchains; and a family of digital forensic products (eDetector, CT Wallet Scan, SmartPhone Triage, Desktop Triage) for endpoint evidence collection.

Underlying technology combines permissioned blockchain (Hyperledger Fabric, ChromaWay Postchain), post-quantum cryptography (FrodoKEM), hardware security modules, MPC (多方運算) multi-party computation, FIDO2 authentication, and AI-driven transaction intelligence. The company holds 4 Taiwan invention patents and 1 US patent, and serves as the foundational infrastructure provider for Taiwan's official Judicial Alliance Chain (b-JADE), launched in July 2022. Named customers include the Taiwan Ministry of National Defense, Judicial Yuan, Ministry of Justice, MJIB, Taiwan High Prosecutors Office, Cathay Securities, Hong Kong Customs and Excise Department, Singapore Police Force, and UNODC.

The business model combines multi-year software licenses and subscriptions (M-Key, PangoLink, eDetector, forensic tools), one-time license sales for bundled hardware-integrated forensic products, project-based professional services (cryptocurrency flow analysis investigations, ransomware decryption), and recurring training revenue from the CBSI (Certified Blockchain Security Investigator) certification program priced at TWD 21,000–24,000 per participant. Go-to-market relies on direct enterprise sales, regional channel partners across 12+ countries, a strategic HSM distribution partnership with Thales, and heavy conference-driven lead generation at events such as CYBERSEC Taiwan, COMPUTEX, and RSA Conference. Most enterprise product pricing is quote-based and not publicly disclosed.

Name

BlockChain Security Corp.

Legal name

BlockChain Security Corp.

Website

https://chainsecurity.asia

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

BlockChain Security Corp. is a Taiwan-based blockchain security company providing quantum-resistant cryptocurrency custody (M-Key), AI-powered crypto fund flow tracing (PangoLink), and digital forensic tools for government agencies, financial institutions, and law enforcement across Asia Pacific and select international markets.

Ownership category

akta.pro rank

Product category

Blockchain Security and Digital Forensics Software

NAICS

Investigation, Guard, and Armored Car Services (56161), Security Systems Services (except Locksmiths) (561621)

SIC

Services-Detective, Guard & Armored Car Services (7381)

akta.pro primary industry

Blockchain Forensics & Investigations (attribution, tracing, recovery support) (FSAPAJAD)

akta.pro secondary industries

Blockchain Analytics & Transaction Monitoring (FSADALAB), Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring) (FSAGAMAJ), Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI)

Keywords

• Blockchain security software
• Cryptocurrency custody
• Digital forensics tools
• Anti-money laundering
• Digital evidence preservation

Headquarters

HQ city

Taipei

HQ country

Taiwan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licenses and Subscriptions: Revenue from licensing proprietary software products including M-Key cryptocurrency vault, PangoLink, eDetector, CT Wallet Scan, Crypto Triage, SmartPhone Triage, and Desktop Triage. Products target government agencies, financial institutions, and enterprises with multi-year deployment contracts and enterprise agreements.
2. Professional Services - Crypto Investigation: Cryptocurrency flow analysis case investigation service offered in two tiers: flow analysis report (detailed fund destination report with flow charts and transaction details) and expert consultation advisory. Revenue is project-based and quote-driven.
3. Training and Certification: CBSI (Certified Blockchain Security Investigator) training and certification program. 7-hour course including exam. Standard fee TWD 24,000; law enforcement/government rate TWD 21,000. Certification valid for 2 years with two exam attempts. Offered in both online and in-person formats.
4. Forensic Tools and Hardware-Integrated Software: Revenue from CT Wallet Scan, SmartPhone Triage, and Desktop Triage forensic tools sold to law enforcement agencies. Products often bundled with hardware and include professional services for deployment and training.
5. Ransomware Decryption and Data Recovery Services: Specialized professional services for decrypting ransomware-compromised files and recovering encrypted data. Includes virtual machine recovery, database and email recovery, NAS/RAID recovery, and incident response. Services used by major industry, government, and enterprise clients.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels6 records

Core offering

BlockChain Security develops and sells blockchain-based security software and digital forensics tools primarily for government agencies, law enforcement, and financial institutions. Its core products include the M-Key quantum-resistant cryptocurrency custody vault, PangoLink AI-powered cryptocurrency fund flow tracking tool, and a suite of endpoint and mobile forensic collection tools (eDetector, CT Wallet Scan, SmartPhone Triage, Desktop Triage). The company also provides Hyperledger Fabric consortium blockchain deployment services, cryptocurrency investigation services, ransomware decryption, and a CBSI blockchain investigator certification training program.

Product overview

BlockChain Security Corp. is a Taiwan-based blockchain security company founded in 2018, offering an integrated portfolio of security and forensics products. The core offerings include M-Key (quantum-resistant cryptocurrency vault with HSM and FIDO2), PangoLink (AI-powered cryptocurrency fund flow tracking), eDetector (endpoint forensics), CT Wallet Scan (crypto wallet screening), Crypto Triage (multi-chain transaction tracking), SmartPhone Triage (mobile forensics), and Desktop Triage (computer forensics). Additional services include Ransomware Decryption, Hyperledger Fabric blockchain deployment (including Taiwan's Judicial Alliance Chain), cryptocurrency flow analysis consulting, and CBSI blockchain investigator certification training. The products integrate with ERP systems, exchange/KYC data, major digital forensics tools (Magnet, GrayKey, UFDR, Oxygen), and virtualization platforms (VMware, Hyper-V, VirtualBox).

Differentiator

Problem solved

Functional benefit

Brands

• M-Key: Quantum-resistant cryptocurrency virtual asset security vault with keyless multi-signature and HSM encryption for financial institutions and government agencies.
• PangoLink
• eDetector
• CT Wallet Scan
• Crypto Triage
• SmartPhone Triage
• Desktop Triage
• Ransomware Decryption Service

Products and services

• M-Key Virtual Asset Custody Vault National-grade quantum-resistant cryptocurrency vault combining proprietary Keyless multi-signature technology with HSM hardware encryption and FIDO2 zero-trust authentication. Provides multi-tier threshold management for secure digital asset custody, institutional staking, stablecoin issuance, RWA tokenization, and cold/warm/hot wallet management. Targets financial institutions and government agencies.
• PangoLink AI-powered cryptocurrency fund flow tracking tool for anti-money laundering and criminal financial investigation. Features natural language investigation, smart flow tracing, multi-chain support (BTC, ETH, TRX, Polygon), 10+ cross-chain protocols, money laundering pattern detection, and automated report generation. For law enforcement and financial compliance teams.
• eDetector Endpoint security forensics and evidence collection system. Combines memory detection and behavioral artifact analysis for malware detection, dynamic behavior analysis, and AI-powered report generation with YARA scanning. Supports over 40 types of digital evidence collection, integrates VirusTotal database, and scales to up to 500 endpoints. For enterprise security teams and government agencies.
• CT Wallet Scan High-efficiency cryptocurrency wallet screening tool for law enforcement. Rapidly identifies crypto-related apps and extracts wallet addresses, private keys, and recovery phrases from mobile devices, computers, and forensic images (compatible with Magnet, GrayKey, UFDR, Oxygen). Identifies cryptocurrency wallet information from 13+ messaging apps.
• Crypto Triage Beginner-friendly cryptocurrency fund flow tracking tool supporting multi-chain investigation. Automatically generates transaction tracking charts and integrates AI for wallet type identification and suspicious address detection. For investigators and compliance personnel.
• SmartPhone Triage (手機存證王) Mobile evidence collection software for law enforcement. Automatically captures screenshots of chat rooms from 13+ social communication apps, performs OCR text recognition, and generates forensic reports. Supports iOS and Android devices.
• Desktop Triage Computer forensics and trace analysis tool. Provides automated screenshot forensics, OCR text recognition, and complete evidence collection with file hash generation for evidentiary integrity. For law enforcement and corporate investigators.
• Ransomware Decryption Service Professional ransomware decryption and data recovery service. Specializes in recovering encrypted data from virtualized environments (VMware, Hyper-V, VirtualBox), databases (SQL, Oracle), email systems (Exchange), ERP systems, NAS, and RAID configurations. For enterprise and government clients.
• Permissioned Blockchain Deployment (b-JADE) Hyperledger Fabric-based consortium blockchain deployment service. Provides node setup, smart contract (Chaincode) development, and API integration for cross-organization applications including Taiwan's Judicial Alliance Chain. For government agencies and consortium organizations.
• Cryptocurrency Flow Analysis Investigation Service Professional cryptocurrency fund flow tracking service using PangoLink and other tracking tools. Offers two service tiers: flow analysis report (detailed fund destination report with charts and transaction details) and expert consultation advisory. For fraud victims, individuals, and organizations.
• CBSI Certification Course Certified Blockchain Security Investigator (CBSI) training course covering blockchain fundamentals, data analysis tools, advanced fund flow tracking, and cryptocurrency investigation. 7-hour course with PangoLink hands-on practice and CBSI certification exam. For government agencies, NGOs, banks, financial institutions, and verified private sector organizations.

Quantifiable outcome

• Assets under custodianship: hundreds of millions NTD managed through M-Key vault for law enforcement agencies
• +3 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability11 records

Feature8 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• ThalescoreTechnology or IntegrationThales is a strategic technology partner providing Luna Network HSM (Hardware Security Module) integrated with M-Key virtual asset custody vault. The partnership combines Thales's globally trusted, tamper-resistant HSM hardware with BlockChain Security's Keyless multi-signature patent technology and FIDO2 authentication. The joint solution targets banks and government agencies requiring the highest levels of key security for digital asset custody and seized cryptocurrency management. Jointly showcased at CYBERSEC 2026.
• ChainalysiscoreTechnology or IntegrationChainalysis is a strategic partner providing international cryptocurrency fund flow intelligence integrated into PangoLink. As Chainalysis APAC Taiwan Business Lead noted at the 2024 Virtual Asset Custody and Compliance Summit co-hosted by BlockChain Security, the partnership strengthens KYT (Know Your Transaction) compliance capabilities for financial institutions. Enables real-time counterparty risk assessment and suspicious transaction flagging across multiple blockchain networks.
• ZerOne Technology (零壹科技)coreChannel Partner/ Reseller/ DistributorZerOne Technology is a Taiwan-based technology distributor and solutions provider. Listed as a co-host partner at the 2024 Virtual Asset Custody and Compliance Summit organized by BlockChain Security, ZerOne serves as a key distribution channel for bringing M-Key vault and cybersecurity solutions to enterprise and government customers in Taiwan.
• Dimerco Data System Corp. (中菲電腦)minorChannel Partner/ Reseller/ DistributorDimerco Data System Corp.'s Trust Business Division partnered with BlockChain Security for the 2024 Virtual Asset Custody and Compliance Summit. Arthur Hong, Manager of the Trust Business Division, participated as a speaker. The partnership leverages Dimerco's trust and financial technology expertise to promote M-Key custody solutions.
• H-11 Digital ForensicsminorImplementation/ SI/ Consulting PartnerH-11 Digital Forensics is a partner co-attending the 2026 IACIS Orlando Training Conference with BlockChain Security. The partnership focuses on promoting cryptocurrency investigation and digital forensics workflow solutions in the North American market through joint conference presence.
• 4n6care Technologies Pvt LtdminorChannel Partner/ Reseller/ Distributor4n6care Technologies from India partnered with BlockChain Security at the 2025 Future Crime Summit held at Dr. Ambedkar International Center. The partnership aims to promote BlockChain Security's solutions to Indian clients and understand challenges faced by Indian law enforcement in crypto crime investigations and digital asset seizure.
• iForensics (鑒真數位)minorImplementation/ SI/ Consulting PartneriForensics (鑒真數位) is a sister company and digital forensics partner of BlockChain Security Corp. Both companies share the same founder. iForensics focuses on traditional digital forensics while BlockChain Security extends into blockchain-based evidence preservation and cryptocurrency forensics. Both companies exhibit at industry events and serve law enforcement customers.
• Rainmaking (Industrial Development Bureau Startup Accelerator)minorGTM or Marketing PartnerRainmaking startup accelerator recommended BlockChain Security to exhibit at 2019 Fintech Taipei, providing marketing visibility and market access support for the company's blockchain evidence and contract signing solutions.
• Plug & Play (GOAL Program)minorGTM or Marketing PartnerBlockChain Security was selected to participate in Plug & Play's GOAL program and pitched at their Expo Day, introducing blockchain-based rental real estate management solutions. Plug & Play provided access to investor and corporate partner networks in the US market.
• TTA (Taiwan Tech Arena)minorGTM or Marketing PartnerTTA recommended BlockChain Security to participate in TechCrunch Disrupt SF 2020, providing international market access and visibility for the company's SmartPhone Triage forensic tool in the North American startup ecosystem.
• Feng Chia University (逢甲大學)minorStrategic or Co-development PartnerFeng Chia University's Department of Land Management (Professor Simon Chen) collaborated with BlockChain Security to develop E-contract, a blockchain online contract signing platform for the real estate industry. 21st Century Realty and ERA Taiwan subsequently adopted the platform.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Chainalysis: Directly competes with BlockChain Security's PangoLink as a global blockchain analytics and transaction monitoring platform for law enforcement, regulators, and financial institutions. Provides multi-chain tracing, KYT/AML tooling, and case management, and is a confirmed technology partner of BlockChain Security via PangoLink integration.
• Elliptic: Direct competitor offering blockchain analytics, transaction monitoring, and wallet screening for crypto compliance and investigations. Overlapping customer profile with BlockChain Security (regulated FIs, law enforcement) and similar product structure (analytics + AML + forensics workflows).
• Scorechain: European-based blockchain analytics and AML compliance platform serving crypto exchanges, banks, and law enforcement. Comparable in product (transaction monitoring, wallet analytics, KYT) and target customer (regulated financial institutions).
• Crystal Blockchain (Bitfury): Blockchain analytics and transaction monitoring platform competing with PangoLink in financial institution AML and law enforcement investigations. Offers similar multi-chain entity attribution and transaction graph visualization.
• TRM Labs: Direct competitor in blockchain intelligence and AML investigations, serving law enforcement and financial institutions globally with multi-chain analytics. Comparable in product scope (chain analytics + investigator workflow) and target market (government + FI compliance).

Broad incumbents

• CipherTrace (Mastercard): Acquired by Mastercard, CipherTrace is a broader incumbent in crypto analytics and AML with deeper enterprise distribution. Overlaps with PangoLink on transaction monitoring but operates as part of Mastercard's broader digital asset compliance portfolio rather than as a specialized investigation tool.
• Magnet Forensics: Established digital forensics platform whose products (Magnet AXIOM, GrayKey) are directly integrated by BlockChain Security's CT Wallet Scan. While broader in scope (mobile/computer forensics), it is comparable as the upstream forensics evidence workflow that CT Wallet Scan extends into crypto specifically.
• Cellebrite: Global digital intelligence and mobile forensics incumbent serving law enforcement. Comparable in customer base (police, prosecutors) and adjacent in mobile/endpoint evidence collection, but operates broadly across all data types rather than specializing in blockchain.

Emerging players

• SlowMist (慢雾科技): Asia-based blockchain security firm covering smart contract auditing, AML, and crypto forensics. Overlaps with PangoLink on AML/fund-flow analysis and with M-Key on cryptographic asset security, anchored in the China blockchain developer ecosystem.
• Bitrace (比特追溯): APAC-focused cryptocurrency fund-flow tracing and analytics vendor, comparable to PangoLink in product (transaction graph + AML) and regional customer base. Focuses on Southeast Asia and mainland China law enforcement and exchange compliance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SecureBlockChain

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

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 Security Corp.