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Description

The Proof of Reserves Kit serves as a verification tool for reserves, catering to cryptocurrency exchanges, brokers, and custodians that require verification for customer balances or reserve audits. It allows the importation of liability balances through various methods such as CSV files, read-only SQL queries, or internal HTTP endpoints, which are then compiled into a Merkle sum tree. The application verifies wallet balances declared on EVM networks, TRON, Bitcoin, Solana, and XRP Ledger at specific block or ledger positions, accommodating Bitcoin HD wallets via their extended public keys. Additionally, it utilizes read-only connectors to gather balances from Fireblocks vaults and both Binance spot and funding accounts. The software not only authenticates wallet-ownership signatures but also generates daily snapshots that are Ed25519-signed, along with auditor reports and CSV annexes available in both English and Turkish. Users have the capability to verify individual inclusion proofs via a dedicated branded verification page. The service can be accessed either as a BitPolaris-hosted solution or installed directly on customer servers, ensuring that it neither holds any keys nor facilitates fund transfers. This dual accessibility enhances its flexibility for various operational frameworks within the cryptocurrency ecosystem.

Description

Enhancing cryptocurrency compliance for government entities, financial organizations, and digital currency firms is essential. Utilize public blockchain attribution data to link cryptocurrency transactions with tangible entities in the real world. Keep track of risk associated with millions of addresses to safeguard against potential threats. Conduct thorough investigations into fraudulent activities across various platforms, including Bitcoin and Ethereum, without relying on user data from Coinbase, as all information is derived from public sources. Visualize and analyze the flow of cryptocurrency to gain insights into the relationships between different counterparties. Utilize custom notes and annotations to effectively share your discoveries with others. Enable the plotting of multiple ERC-20 tokens on a single graph to enhance clarity and comprehension. Mitigate fraud, assess counterparty risks, and comply with anti-money laundering regulations by closely monitoring both incoming and outgoing transactions. Stay informed with risk scores and alerts regarding suspicious activities while having the ability to research addresses and transactions to identify the entities managing specific wallets. Advanced features are also available to detect mixers and peeling chains, making it easier to navigate the complexities of the cryptocurrency landscape. This comprehensive approach ensures that stakeholders can maintain transparency and security in their operations.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

No images available

Screenshots View All

Integrations

Binance Yes 
Bitcoin No 
Ethereum No 
Fireblocks Yes 
OpenDAX Yes 

Integrations

Binance No 
Bitcoin Yes 
Ethereum Yes 
Fireblocks No 
OpenDAX No 

Pricing Details

€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.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises Yes 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

BitPolaris

Founded

2016

Country

Türkiye

Website

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

Vendor Details

Company Name

Coinbase

Founded

2012

Country

United States

Website

www.coinbase.com/analytics

Product Features

Alternatives

No Alternatives

Alternatives

QLUE Reviews

QLUE

Blockchain Intelligence Group