Blockchain Platform for Multiple Blockchains, Applications, and Analytics Phase II

Period of Performance: 03/20/2017 - 05/31/2018

$750K

Phase 2 SBIR

Recipient Firm

BlockCypher
652 Sea Anchor Dr #2202
Redwood City, CA 94063
Firm POC, Principal Investigator

Abstract

The purpose of this proposal is to continue work done in Phase I on a platform for multiple blockchains, applications, and the analysis of blockchain transactional data. BlockCypher has built a blockchain infrastructure that supports a multitude of applications, e.g., identify management, internet-of-things (IoT), notary, embeddable assets, predictive analytics, etc. - and runs both closed and open blockchains on the same infrastructure. BlockCypher's platform currently supports the ability to embed encrypted data on any blockchain, predict which transactions will be accepted, and hosts a multitude of security measures that can provide a significant value proposition for homeland security applications. BlockCypher also stores and handles larges amounts of public blockchain transaction data (multiple terabytes) in distributed and redundant data stores. In Phase I, we built a blockchain analytical framework and an Analytics API on top of our data store so we would see if any useful information and patterns could be extracted. Phase II will build upon the framework of Phase I and will dive deeper into broader-scale use cases for analytics (e.g. identity, law enforcement, compliance).