BlockTec
BlockTec is a Phoenix-based technology firm providing cloud services, IT development, and blockchain/AI solutions. Its products include CARP (real-time payments), Theo (AI learning companion), OppyHound (government contracting software), and LoyalT Network (loyalty rewards).
- Company typePrivate
- Founded2021
- HeadquartersPhoenix, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What BlockTec does
BlockTec is a Phoenix, Arizona-based technology firm founded in late 2021 by Joshua Hedeby (CEO, CPA) and Trent Manager (CTO). The company provides a hybrid portfolio of traditional IT services — application development, infrastructure support, DevOps, project management, and full lifecycle support — alongside a set of blockchain- and AI-enabled products. Its core product suite spans four offerings: CARP, a cloud-hosted SaaS payment solution using blockchain for real-time Central American transactions with on/off-ramps to services like PayPal; Theo (CloudBrain), an AI-powered learning companion in MVP stage developed for educational applications; OppyHound, government contracting software co-developed with GovBidAI and launched in October 2024 for small businesses and federal contractors; and the LoyalT Network, a blockchain-based loyalty rewards system powered by KornChain with eCommerce APIs for points issuance, redemption, balance retrieval, and exchange. Supporting sub-products include cryptocurrency wallets (Hot Wallet, Defi-Wallet with Yearn Finance integration), a decentralized exchange (DAPP-Trading), smart contract security research, and the Urban Miner Project ERC-1155 NFT collection of 3,333 access cards supporting a nonprofit electronics recycling initiative.
The company's business model is predominantly subscription-based SaaS (CARP, LoyalT API usage, and enterprise custom contracts) with a freemium tier for OppyHound targeting small businesses. Its go-to-market combines direct enterprise sales for higher-value blockchain/IT services with a self-serve product-led growth motion for OppyHound. Customer segments are hybrid: small businesses and MBE-certified federal contractors (primary), enterprises requiring real-time cross-border payments (primary), loyalty program operators, and blockchain/AI development clients. Distribution is amplified by a strategic partnership with FPT Software LatAm that provides global delivery resources, plus regional press visibility through AZ Inno and the Phoenix Business Journal, thought-leadership content via a Substack newsletter, and open-source GitHub repositories. The firm holds MBE certification from the Pacific Southwest Minority Supplier Development Council and was recognized as a 2025 AZ Inno Fire Awards software finalist.
BlockTec firmographics
Firmographics- Name
- BlockTec
- Legal name
- BlockTec
- Website
- https://blocktec.us
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BlockTec is a Phoenix-based technology firm providing cloud services, IT development, and blockchain/AI solutions. Its products include CARP (real-time payments), Theo (AI learning companion), OppyHound (government contracting software), and LoyalT Network (loyalty rewards).
- Ownership category
- akta.pro rank
BlockTec industry classification
Industry- Product category
- Blockchain Software & IT Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD)
- akta.pro secondary industries
- Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring) (FSAGAMAJ), Smart Contract Wallets & Account Abstraction (FSADACAF)
Keywords
Where BlockTec is headquartered
LocationHeadquarters
- HQ city
- Phoenix
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
BlockTec business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Traditional IT Services & Software: Providing ongoing IT services, application development, and support to customers.
- SaaS Payment Solutions (CARP): Cloud-hosted SaaS solution for real-time payments with CARP.
- OppyHound Subscription: Government contracting software with free tier and potential premium features.
- LoyalT API Licensing: Loyalty network APIs for eCommerce (Earn, Redeem, Exchange).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free tier for OppyHound |
| Usage-based | Pay-as-you-go | API usage-based for LoyalT |
| Subscription | Annual | Enterprise custom pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
BlockTec product offering
Product offeringCore offering
BlockTec develops and delivers a portfolio of blockchain-based SaaS products, AI applications, and traditional IT services. Core offerings include CARP (a blockchain payment SaaS), OppyHound (government contracting software for SMBs), Theo/CloudBrain (an AI learning companion), and the LoyalT Network (a global loyalty rewards platform), alongside blockchain development sub-products such as cryptocurrency wallets, a DAPP exchange, and smart contract security audits.
Product overview
BlockTec is a technology firm offering a portfolio of blockchain-based and traditional IT solutions. The core products include CARP (Central America Real-Time Payments) - a blockchain payment SaaS; Theo/CloudBrain - AI learning companion; OppyHound - government contracting software; and LoyalT Network - blockchain loyalty rewards system. Additional offerings include cryptocurrency wallets (Hot Wallet, Defi-Wallet), decentralized exchange (DAPP-Trading), smart contract security auditing, and NFT-based initiatives. The company provides both blockchain-native products and traditional IT services including application development, infrastructure support, and DevOps.
Differentiator
Problem solved
Functional benefit
Brands
- CARP: Central America Real-Time Payments - A secure, real-time payment solution utilizing blockchain technology for businesses, hosted on AWS.
- Theo
- OppyHound
- BlockTec Loyalty Network
Products and services
- CARP (Central America Real-Time Payments) Blockchain-based, cloud-hosted SaaS payment solution providing secure, real-time transactions with immutable ledger capabilities for businesses, hosted on AWS, with on and off-ramps to payment services such as PayPal.
- OppyHound Government contracting companion software for small businesses, existing federal contractors, and acquisition specialists to navigate and compete for government opportunities, with a free signup tier.
- BlockTec LoyalT Network Global loyalty reward network powered by KornChain enabling real-time redemption and exchange of loyalty points worldwide, with eCommerce APIs for program management.
- Theo (Artificial Intelligence Learning Companion) / CloudBrain AI-powered educational technology platform developed through collaboration of educators and data scientists, utilizing machine learning, natural language processing, and data analytics for enhanced learning experiences; currently an MVP demonstrating core functionality.
- BlockTec Hot Wallet Cryptocurrency wallet supporting DApps, smart contracts, and security maintenance across blockchain ecosystems, with multi-signature wallet capabilities for deposits and withdrawals.
- DAPP-Trading Exchange Decentralized exchange platform with accurate live liquidation features, stop-loss sets with collateral borrowing limits, smart contract-based trade execution, and multi-signature wallet for funds.
- Defi-Wallet Passive Income DeFi-ready wallet that automatically generates passive income by placing stablecoins in Yearn Finance lending pools, with payouts up to 9% monthly.
- Smart Contract Security Maintenance Smart contract security research and auditing offering that documents identified defects and vulnerabilities, with continued research support to case studies.
- Urban Miner Project ERC1155 ERC1155 NFT collection of 3,333 access cards supporting the Urban Miner Project nonprofit's mission to implement global electronics recycling systems.
- Traditional IT Services & Software Development Traditional IT services including application development, software development and quality assurance, infrastructure support, project management, DevOps, full lifecycle services, proof of concept development, solution implementation, and application support.
Quantifiable outcome
- Cost savings achieved for customers through utilization of global strategic partners
Companies that use BlockTec
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
BlockTec technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability3 records
Feature9 records
BlockTec partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- GovBidAIcoreBlockTec and GovBidAI co-developed OppyHound, a government contracting software for small businesses and MBEs. Moner Attwa, cofounder and CEO of GovBidAI, stated that OppyHound empowers minority-owned businesses by giving them access to tools on par with those used by large companies.
- FPT Software LatAmcoreFPT Software LatAm is listed as a proud strategic partner of BlockTec. The partnership provides BlockTec access to FPT's global resources and technology capabilities, enhancing their ability to deliver enterprise solutions while maintaining their diverse identity.
- Large Technology Firms (Strategic Partners)coreBlockTec has created strategic partnerships with large technology firms with resources worldwide to support customers of all sizes and needs. These partnerships provide access to resources and expertise while maintaining their distinct diverse identity and competitive edge.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
BlockTec competitors and assessment
Company assessmentOthers
- Ripple: Cross-border real-time payments and stablecoin-adjacent infrastructure. Comparable to BlockTec's CARP product positioning in regional/international real-time payments, but with established banking and licensing footprint.
- Thoughtworks: Global technology consultancy offering custom software development, cloud migration, and emerging-tech services to enterprises. Comparable to BlockTec's traditional IT services + emerging-tech (blockchain/AI) dual-engine model.
- ConsenSys: Large Ethereum-focused blockchain infrastructure and developer tooling firm. Comparable to BlockTec as a blockchain product and services company, but operating at vastly greater scale across wallets (MetaMask), developer tooling, and enterprise consulting.
- Alchemy: Web3 developer platform providing blockchain infrastructure, APIs, and tooling. Comparable to BlockTec's blockchain/Web3 development and wallet-infrastructure work as a platform-level service to developers.
- FPT Software: Strategic partner of BlockTec; a global IT services and software development firm. Listed because it is both a partner and a structural peer in the IT services + emerging-tech delivery space BlockTec competes in.
Direct peers
- Chainalysis: Blockchain analytics, smart contract auditing, and compliance tooling provider. Comparable to BlockTec's smart-contract security maintenance capability, though operating at the institutional/government scale.
- GovSpend (or similar govtech data firms): Government contracting intelligence and opportunity-discovery platform for SMBs and contractors. Comparable to OppyHound's positioning as a navigation tool for small businesses pursuing federal contracts.
Emerging players
- Theta Labs: Blockchain-based loyalty and rewards network with exchangeable tokenized points. Closely comparable to BlockTec's LoyalT Network / KornChain-powered global loyalty product in both technology stack and use case.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
BlockTec social profiles
Digital presenceBlockTec compliance and trust
Trust signalCompliance1 record
BlockTec financial estimates
Financial estimateRevenue estimate
Valuation estimate
BlockTec leadership team
Management profileNumber of profiles
Profiles5 records
BlockTec funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BlockTec M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BlockTec
What does BlockTec do?
BlockTec develops and delivers a portfolio of blockchain-based SaaS products, AI applications, and traditional IT services. Core offerings include CARP (a blockchain payment SaaS), OppyHound (government contracting software for SMBs), Theo/CloudBrain (an AI learning companion), and the LoyalT Network (a global loyalty rewards platform), alongside blockchain development sub-products such as cryptocurrency wallets, a DAPP exchange, and smart contract security audits.
Is BlockTec a public or private company?
BlockTec is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was BlockTec founded?
BlockTec was founded in 2021. It employs 11 to 50 people.
Where is BlockTec based?
BlockTec is headquartered in Phoenix, United States, in the North America region.
How does BlockTec make money?
Four revenue lines are on record. Traditional IT Services & Software is the primary driver. The others are saaS Payment Solutions (CARP), oppyHound Subscription and loyalT API Licensing.
Who are BlockTec's main competitors?
Others on record are Ripple, Thoughtworks, ConsenSys, Alchemy and FPT Software. Direct peers are Chainalysis and GovSpend (or similar govtech data firms). Theta Labs is listed as an emerging player.
Does BlockTec have an API?
Yes. LoyalT eCommerce APIs offering Earn (Credit), Redeem (Debit), Retrieve Balance, Exchange Points, Onboard and Join Programme APIs. Developer documentation is at www.myloyalt.com.
What industry is BlockTec in?
BlockTec's product category is Blockchain Software & IT Services. Its primary akta.pro industry code is FSAGAMAD, On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury), with a secondary code of FSAGAMAJ, Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring). Its NAICS code is 522320 and its SIC code is 6199.