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What is BitPolaris Proof of Reserves Kit?

The Proof of Reserves Kit functions as a crucial verification instrument for reserves, targeting cryptocurrency exchanges, brokers, and custodians in need of confirming customer balances or conducting reserve audits. It enables the importation of liability balances through multiple methods, including CSV files, read-only SQL queries, or internal HTTP endpoints, which are subsequently organized into a Merkle sum tree. This application verifies declared wallet balances on networks such as EVM, TRON, Bitcoin, Solana, and XRP Ledger at designated block or ledger positions, and effectively accommodates Bitcoin HD wallets by utilizing their extended public keys. Moreover, it employs read-only connectors to retrieve balances from Fireblocks vaults, alongside both Binance spot and funding accounts. The software not only verifies wallet ownership signatures but also produces daily snapshots that are Ed25519-signed, in addition to auditor reports and CSV annexes available in English and Turkish. Users can also validate individual inclusion proofs through a specialized branded verification page, enhancing transparency. This service is made available as either a BitPolaris-hosted option or can be installed directly on client servers, which guarantees that it neither stores any keys nor facilitates fund movements. Such dual accessibility significantly boosts its adaptability for various operational setups within the ever-evolving cryptocurrency landscape. Ultimately, this kit provides a reliable framework for maintaining trust and integrity in cryptocurrency transactions.

What is Bcon Global?

Bcon Global operates as a non-custodial peer-to-peer cryptocurrency payment gateway, enabling businesses to receive cryptocurrency payments straight into their own wallets. This platform simplifies the acceptance of crypto payments by eliminating the need for custody, stored balances, intermediaries, and withdrawal processes. With Bcon Global, transactions are entirely P2P, allowing customers to transfer cryptocurrency directly from their wallets to the merchants' wallet addresses. The service continuously monitors blockchain transactions and keeps merchants updated on payment statuses, ensuring that no funds are held in any account controlled by Bcon. The gateway supports a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), BNB, Solana (SOL), and TRON (TRX), in addition to major stablecoins such as USDT, USDC, USDS, and TUSD. This versatility allows merchants to facilitate crypto payments from customers using various wallets across multiple blockchain networks. Bcon Global does not engage in holding, storing, or transferring merchant funds, which means there are no custodial account balances and no withdrawals required. Merchants are responsible for providing their wallet addresses, ensuring they receive payments directly while Bcon takes charge of monitoring payment detection and transaction statuses. The platform is tailored for a diverse array of businesses, including **eCommerce stores, SaaS providers, digital product sellers, freelancers, developers, and others searching for a non-custodial crypto payment solution** that facilitates direct wallet-to-wallet transactions. Moreover, Bcon Global's user-friendly service empowers merchants to focus on their core business activities without worrying about managing cryptocurrency custody or processing delays. **Key features:** * Non-custodial crypto payment gateway * Direct P2P payments from customer to merchant wallet * Accept crypto payments directly to your own wallet * No custody or storage of merchant funds * No withdrawal process * Support for BTC, ETH, BNB, SOL, and TRX * Support for USDT, USDC, USDS, and TUSD * Blockchain transaction monitoring and payment status callbacks * Integrations for eCommerce and online businesses

Media

No images available

Media

Integrations Supported

Binance
Fireblocks
OpenDAX

Integrations Supported

API Availability

API Availability

Pricing Information

€490/month
For existing BitPolaris customers, the add-on costs €1,700 one time plus €85/month. The standalone hosted plan costs €6,300 for setup plus €490/month. The self-hosted license costs €9,800 one time, followed by €1,960/year for updates. Audit-day support costs €980 per quarter.

Pricing Information

1% of the transaction amount
Free Trial Offered?

Supported Platforms

SaaS
On-Prem

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

BitPolaris

Date Founded

2016

Company Location

Türkiye

Company Website

bitpolaris.com/products/proof-of-reserves/

Company Facts

Organization Name

Bcon Global

Date Founded

2023

Company Location

Germany

Company Website

bcon.global/

Categories and Features

Crypto Compliance

Not specified

Categories and Features

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