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What is Valid Network?

The risks associated with Blockchain technology and cryptocurrencies are considerable, with billions lost annually due to fraud and human error, revealing weaknesses that cybercriminals often take advantage of. Every year, these vulnerabilities become more pronounced, and existing cybersecurity solutions frequently do not adequately address the unique challenges posed by Blockchain systems. To counteract these threats, Valid Network provides essential protection for Blockchain innovators, companies adopting this technology, and the wider Blockchain ecosystem through a flexible and comprehensive security framework. As technology evolves, new security requirements emerge, and without the right tools, the full potential of Blockchain remains unrealized. Valid Network enables organizations to adopt Blockchain innovations with increased speed and security, establishing a strong security perimeter that facilitates compliance among consortium members while granting them vital oversight and authority. In addition, the platform offers a wide range of security services that span the entire lifecycle of corporate blockchains, from initial design to ongoing management and deployment. This all-encompassing strategy guarantees that security is prioritized throughout every phase of the Blockchain experience, empowering organizations to confidently navigate the complexities of this transformative technology. Ultimately, by investing in robust security measures, businesses can leverage Blockchain’s capabilities more effectively and minimize their exposure to potential risks.

What is Scorechain?

Since its inception in 2015, Scorechain has been delivering blockchain analytics and crypto compliance solutions to help over 200 businesses meet their AML compliance obligations when integrating crypto-assets. The Scorechain Blockchain Analytics Suite encompasses nine significant blockchains, including Bitcoin, Ethereum, XRP Ledger, Litecoin, Bitcoin Cash, Dash, Tezos, Tron, and BSC, while also extending comprehensive support for stablecoins such as USDT, USDC, and DAI, along with various tokens like ERC20, TRC10/20, and BEP20. Additionally, this highly customizable platform is accessible through both UI and API, offering features such as reporting, transaction tracking, risk assessments, automatic red flag indicators, and real-time alert capabilities. Furthermore, when combined with Scorechain's Entity Directory, Investigation Tool, and Case Manager, the platform empowers compliance officers by providing a comprehensive overview of their exposure to high-risk blockchain activities, enabling them to implement effective risk mitigation strategies. By offering these products, Scorechain enables players in traditional finance and cryptocurrency sectors to adopt a risk-based framework for this emerging asset class while ensuring compliance with evolving regulatory requirements. This approach not only enhances operational integrity but also fosters a safer environment for digital asset transactions.

Media

Media

Integrations Supported

CYBAVO

Integrations Supported

CYBAVO

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Valid Network

Date Founded

2018

Company Location

United States

Company Website

valid.network/

Company Facts

Organization Name

Scorechain

Date Founded

2015

Company Location

Luxembourg

Company Website

www.scorechain.com

Categories and Features

Categories and Features

AML

Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

KYC

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