BlockCypher, Inc. — Department of Homeland Security SBIR Phase II: H-SB016.1-009

BlockCypher, Inc. — SBIR Phase II award from Department of Homeland Security.

Amount
$749,836
Agency
Department of Homeland Security
Program / Phase
SBIR · Phase II
Topic
H-SB016.1-009
Solicitation
HSHQDC-16-R-00012
NAICS
Place of performance
CA
Period
2017-03-20 → 2018-05-31

Description

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).