Nov. 3 — Beosin, a leading blockchain security service provider, has recently closed a $20-million strategic financing round participated by prominent industry investors and existing shareholders.
Beosin is a global leader in blockchain security, offering smart contract security audits, blockchain project risk monitoring, alerting, blocking, stolen digital assets recovery, Know Your Transaction (KYT)/Anti-Money Laundering (AML) and other one-stop security solutions, products and services. Beosin has helped over 2,000 blockchain firms globally and safeguarded over $500 billion in assets. The proceeds will be used for blockchain security-related research and development, ecosystem expansion and global business growth.
As a leading blockchain security company, it’s our responsibility to make contributions and develop the industry healthily. In the future, Beosin will continue to focus on the blockchain security ecology and deliver an expanded range of blockchain technology solutions and blockchain security technology for global users at scale.
The Smart Contract Formal Verification Platform provides static scanning, fuzzy testing and formal verification capabilities for smart contract codes. The platform supports 100+ testing items, including traditional vulnerabilities and business logic correctness on multiple public blockchains with an accuracy rate of above 97%. It can precisely locate risky code while giving recommendations to help developers improve the security of smart contracts.
An integrated monitoring platform designed for blockchain project owners. By automatically assessing the security situation of contracts and monitoring on-chain operations in real-time, it can identify suspicious transactions, comprehensively assess the operation status, help users find risks and get feasible suggestions, and finally set up a security shield for project operation and protect the asset.
Beosin Trace is a visualization product that focuses on the security of users’ wallet transactions, helping users visualize and trace the flow of funds, monitor suspicious addresses and assist in recovering on-chain assets. Trace is applicable to various scenarios, such as blockchain regulation, abnormal transaction warning, transaction follow-up and source-tracing, mixer tracing and case investigation.
For AML compliance, transaction risk monitoring and continuous risk assessment, Beosin’s KYT virtual asset AML and investigation compliance system relies on more than 1 billion address labels and a black address database for blockchain big data analysis technology and advanced AI technology to create a blockchain asset tracking and AML system that can help virtual asset service providers to build KYT and continuous risk assessment capabilities.