Merkle Science

Merkle Science is a predictive risk and intelligence platform offered by Merkle Science Americas Inc. According to the vendor, this platform caters to crypto-native businesses, DeFi participants, financial institutions, and government agencies. It aims to provide risk mitigation, compliance, and forensics solutions. The product claims to assist in identifying suspicious transactions, preventing fraud, ensuring compliance with AML, KYC, and CFT regulations, and investigating crypto crimes. It is suitable for companies of all sizes, ranging from small startups to large enterprises. The following are key features of Merkle Science:

Compass: According to the vendor, Compass is a behavior-based transaction monitoring and risk reporting solution. It enables the identification of suspicious transactions, fraud prevention, and compliance with AML, KYC, and CFT regulations. The product claims to go beyond blacklists and offers the ability to respond immediately. Users can configure risk alerts based on jurisdiction and compliance policies to reduce false positives. Continuous monitoring of addresses and transactions is available for real-time risk level changes. The product also generates automated reports with detailed risk analysis, case notes, and audit trails for record keeping and regulatory reporting.

Tracker: The vendor states that Tracker is designed for forensically analyzing cryptocurrency transactions, tracking stolen funds, and investigating crime. It offers intuitive analytics and visualization tools to visualize the flow of funds and analyze cryptocurrency transactions. Users can trace the flow of funds in real-time, examine multiple addresses in parallel, and search for paths between addresses for thorough investigations. The product claims to use behavior analysis and custom clustering to identify patterns of criminal activities and create custom clusters for specific criminal behavior. It also generates reports with detailed risk analysis, case notes, and advanced geo-location tagging capabilities for comprehensive investigation records.

Explorer: According to the vendor, Explorer enables users to perform due diligence on crypto businesses, counterparties, and customers (KYBB). It allows the flagging of risky transactions and generation of risk reports (EDD) using on-chain and off-chain data and expert analysis. The product claims to utilize on-chain and off-chain data to improve incident response time, investigate suspicious addresses or transactions, and enhance source of funds analysis. It aims to provide insights into the credibility of firms and organizations that pose a risk of crypto-exposure to customers and accounts. Additionally, the product offers an independent crypto AML audit to strengthen existing onboarding and KYBB processes.

Institute: Merkle Science offers training and certification for compliance and investigation teams. According to the vendor, they provide a Certified Cryptocurrency Fundamentals course to help professionals comprehend, assess, and navigate the cryptocurrency landscape. The courses are taught by compliance and investigation experts, offering practical insights from seasoned professionals. Upon completion of the courses, participants receive a digital completion certificate and badge.

Risk mitigation and on-chain intelligence for NFTs: The vendor states that Merkle Science provides support for over 6.5 million non-fungible tokens (NFTs) across multiple chains. The product claims to enable the investigation of illicit activities by tracing the movement of funds and screening addresses. It offers real-time risk scores through a combination of customizable rules and behavioral models. Users can gain insights into buyer and seller behaviors for NFT collections, including risk levels, trading patterns, and holder demographics. The product also claims to help identify vulnerabilities such as theft, sanctions exposure, and smart contract bugs. Continuous monitoring of smart contract addresses and wallets is available with event-based notifications.