BlockSafe Technologies provides cybersecurity solutions for the blockchain ecosystem, specifically targeting vulnerabilities in crypto wallets, exchanges, and private blockchains. Their products, including CryptoDefender™, ExchangeDefender™, and BlockchainDefender™, utilize keystroke encryption, anti-screen capture, and two-factor authentication to protect against malware attacks and unauthorized access, addressing the significant financial losses incurred from hacking incidents.
Funding
$200K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Cryptocurrency wallets, exchanges, and blockchains are vulnerable to malware attacks, keylogging, clipboard capture, and unauthorized access, leading to significant financial losses. Existing security measures often fail to protect against sophisticated hacking techniques that target sensitive data like private keys and passwords. The lack of robust security can erode trust in the blockchain ecosystem and hinder its widespread adoption.
Solution
BlockSafe Technologies provides a suite of cybersecurity solutions designed to protect crypto wallets, exchanges, and private blockchains from a range of threats. CryptoDefender™ secures individual wallets with keystroke encryption, anti-screen capture, and clipboard protection. ExchangeDefender™ protects crypto exchanges by bundling CryptoDefender™ with ProtectID®, which adds out-of-band authentication and multi-factor authentication to secure employee access and transactions. BlockchainDefender™ acts as a gateway for private blockchains, scanning data fields for malware and authenticating transactions via ProtectID® to ensure the integrity of blockchain applications.
Target Audience
The primary target audience includes individual cryptocurrency users, crypto exchanges, and enterprises utilizing private blockchains who require enhanced security measures to protect their assets and data.
Features
- CryptoDefender™:
- Keystroke encryption to prevent keyloggers from stealing passwords and private keys.
- Clipboard copy protection to prevent malware from modifying crypto transaction destination addresses.
- Anti-screen capture to block screen-scraping malware.
- Anti-clickjacking to prevent malicious downloads.
- Secure keyboard with encrypted keystrokes.
- Secure browser to prevent storage of cookies and malware.
- Password/data vault with AES-256 encryption and fingerprint access.
- Strong password generator.
- ExchangeDefender™:
- Includes all CryptoDefender™ features.
- ProtectID® for out-of-band authentication.
- OTP delivery via SMS, voice, email, and push notifications.
- Support for hard tokens (key fob, USB key, wallet cards) and mobile tokens (iOS, Android, PC/Mac/Linux).
- BlockchainDefender™:
- Acts as a gateway between applications and private blockchains.
- Scans data fields for malware.
- Authenticates transactions via ProtectID®.
- Enforces enterprise rules and policies for blockchain messages.