Blocknitive

What Blocknitive does

Blocknitive SL is a Spanish blockchain and AI technology company founded in 2018 as a spin-off of M&GT Consulting, headquartered in Madrid with offices in Mexico and the United States and commercial presence in seven countries across Europe, Latin America, and West Africa. The company builds the Asentify platform on Hyperledger Fabric, offering three core productized modules—Asentify Trace (real-time process and product traceability), Asentify Onboarding (digital B2B/B2C registration with smart contracts, AI, OCR, and biometrics), and Asentify Data (GDPR-compliant consent management and data traceability)—alongside a Tokenization service line for turnkey NFT and ICO platforms. A separately funded EU project is developing a blockchain supply chain traceability system targeting interoperability across public and private networks.

The company sells to enterprise clients in banking (Santander), retail and consumer goods (Talgo, Martinez Hermanos, Big Fresh, Trendzyla, Collecta), energy (ESC Energy), logistics (RADAR), and sports media (Ten Sports), combining custom software development and integration services with a recurring SaaS-style licensing of Asentify modules. GTM is a direct enterprise field-sales motion with localized leadership; pricing is quote-based and not publicly disclosed. Blocknitive is certified to ISO 27001, ISO 9001, ISO 14001, and holds the Spanish "Pyme Innovadora" designation. A merger by absorption with parent M&GT Consulting has been announced with an EGM called for 28 July 2026, and the firm has no disclosed institutional funding rounds.

Name

Blocknitive

Legal name

Blocknitive SL

Website

https://blocknitive.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Blocknitive is a Madrid-based blockchain and AI company (founded 2018, spin-off of M&GT Consulting) that sells the Asentify platform—Trace, Onboarding, and Data modules on Hyperledger Fabric—to enterprise clients in banking, retail, energy, logistics, and media across seven countries.

Ownership category

akta.pro rank

Product category

Enterprise Blockchain Software

NAICS

Software Publishers (5132)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA)

akta.pro secondary industries

Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI), Trade Finance & Supply Chain Tokenization (invoices, bills of lading, provenance) (FSAPAIAK), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL), Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH)

Keywords

• Blockchain software solutions
• Supply chain traceability
• Smart contract onboarding
• GDPR consent management
• Tokenization services

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Custom Software Development & Integration Services: Blocknitive carries out tailor-made projects for each client, developing and integrating solutions into each client's Management System. The company assumes partial or total responsibility for evolving or managing Information Systems with professionals of varying specialization and experience.
2. SaaS Platform Licensing (Asentify Modules): The company offers its Asentify platform modules (Trace, Onboarding, Data) for real-time traceability, consent management, and onboarding certification. These modular digital tools are deployed to enterprise clients for process digitization.
3. Tokenization Services (NFT & ICO): Turnkey NFT and ICO platforms where Blocknitive is part of the project, collaborating in conceptualization, white paper, tokenomics, community building, and investor search. Revenue derived from platform deployment and project involvement.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Blocknitive develops and licenses the Asentify platform, a modular blockchain-based software suite built on Hyperledger Fabric that delivers real-time traceability (Trace), digital onboarding with smart contracts (Onboarding), and GDPR-compliant consent management (Data). The company also delivers custom software development, integration, and tokenization services (NFT and ICO platforms) directly to enterprise clients across banking, retail, energy, and logistics sectors.

Product overview

Blocknitive is a Spanish blockchain and AI technology company founded in 2018 as a spin-off of M&GT Consulting. The company offers the Asentify platform, a suite of blockchain-based solutions built on Hyperledger Fabric with modular architecture. The platform consists of three core modules: Asentify Trace (real-time process and product traceability), Asentify Onboarding (digital identity verification and smart contract-based registration), and Asentify Data (GDPR-compliant consent management and data traceability). Blocknitive also provides tokenization services for NFTs and ICOs, and is developing a blockchain supply chain traceability system co-funded by the EU. The company operates across 7 countries with offices in Spain, Mexico, and the US.

Differentiator

Problem solved

Functional benefit

Brands

• Asentify: Blockchain-based platform providing traceability, real-time data, and secure digital processes. Includes modules: Asentify Trace (product/process traceability), Asentify Onboarding (smart contract registration processes), and Asentify Data (GDPR-compliant consent management).

Products and services

• Asentify Trace Blockchain-based platform providing 100% customizable, real-time end-to-end traceability for processes and products, with milestone-based process definition, real-time reconciliation, digital auditing, and data certification. Applied in energy certification, reverse logistics, food waste traceability, and supply chain management.
• Asentify Onboarding 100% customizable platform integrable with AI, OCR, and biometrics for modular onboarding processes, validating data in real time through simple or complex APIs, creating digital registration for B2B and B2C, and certifying back office processes using smart contracts with blockchain-based audit trails.
• Asentify Data Blockchain-based consent management and data traceability platform providing 100% GDPR-compliant management of consents, real-time consent tracking, and end-to-end traceability of data usage within multi-stakeholder processes, allowing customers to own their data while ensuring compliance and auditability.
• Tokenization Services Blockchain tokenization services including turnkey NFT and ICO platforms, covering project conceptualization, legal and technical advice, whitepaper and tokenomics creation, smart contract deployment, platform hosting, and KYC integration, with support for custom asset tokenization and NFT creation for loyalty programs.

Quantifiable outcome

• Fraud reduction up to 80% in B2B and B2C onboarding processes when combining AI, biometrics, and blockchain
• +3 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

One partnership is on record.

• M&GT Consulting (Management & Global Technologies Consulting, S.L.)coreOthersBlocknitive was founded in 2018 as a spin-off of M&GT Consulting, which has over 18 years of technology consulting experience and international presence in 3 countries. M&GT's focus on new technologies and digital transformation enabled the creation of a center of excellence for innovation. Blocknitive is currently undergoing a merger by absorption where M&GT acts as the absorbing entity and Blocknitive as the absorbed entity.

Scale indicators3 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• R3: R3 sells the Corda permissioned blockchain platform to financial institutions and enterprises for regulated workflows. Highly comparable to Blocknitive's permissioned-enterprise approach, though R3 targets global Tier-1 banks whereas Blocknitive focuses on mid-market and LATAM.
• Kaleido: Kaleido offers an enterprise-grade blockchain SaaS platform with Quorum/Hyperledger support, identity, and tokenization modules. Closely comparable business model — packaged permissioned blockchain for enterprise — with a stronger recurring SaaS orientation.
• Digital Asset: Digital Asset provides the DAML-based enterprise blockchain platform for regulated workflows in capital markets and supply chain. Similar enterprise permissioned positioning and complex-process focus as Blocknitive.
• Tokeny: Tokeny provides an enterprise tokenization platform for security tokens, NFTs, and digital assets with KYC/AML compliance. Directly comparable to Blocknitive's tokenization services line of business.
• SettleMint: SettleMint is a low-code enterprise blockchain platform (Hyperledger, Corda, Ethereum) targeting similar mid-market and public-sector clients in Europe. Closely comparable productized offering and European enterprise GTM.
• Stratumn: Stratumn provides enterprise blockchain tools for process traceability, supply chain, and insurance — using permissioned chains and APIs. Closely comparable European enterprise traceability positioning.

Broad incumbents

• ConsenSys: ConsenSys builds enterprise Ethereum and Quorum tooling for permissioned networks, KYC, and tokenization. Comparable on enterprise permissioned blockchain and tokenization services, but with a much broader developer ecosystem and global footprint.
• Oracle Blockchain Platform: Oracle offers a Hyperledger Fabric-based enterprise blockchain service integrated with its cloud and ERP stack. Direct technical overlap with Blocknitive's Hyperledger Fabric base and ERP integration story, though Oracle competes from a hyperscaler position.
• IBM Blockchain: IBM is a founding steward of Hyperledger Fabric — the same framework Blocknitive's Asentify is built on — and sells enterprise blockchain services globally. Overlaps in supply chain traceability and identity use cases, but operates at vastly larger scale with deeper enterprise relationships.

Regional players

• Alastria: Alastria is the Spanish national blockchain ecosystem backed by Spanish banks and corporates. Comparable as a Spanish blockchain ecosystem player; Alastria is a consortium network while Blocknitive sells productized solutions into it.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/blocknitive

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Blocknitive