BlockSec has launched Phalcon Compliance 3.1, a major upgrade to its blockchain security platform designed to deliver instant, frictionless risk screening. This release fundamentally rethinks the compliance workflow, removing traditional barriers like mandatory registration and pre-payment to enable faster, more accessible Know-Your-Transaction (KYT) checks for the entire digital asset ecosystem.
Key Takeaways
- Zero-Barrier Access: Start KYT screening instantly without account creation, onboarding, or pre-payment.
- Search-First Architecture: A redesigned workflow allows users to scan wallet addresses or transactions directly from the landing page.
- Lite Scan Mode: Get core risk assessments (sanctions, scams, etc.) without a full subscription for quick decision-making.
- Flexible Credit System: Pay-as-you-go model with expanded payment options (WeChat Pay, Cash App, crypto) for predictable costs.
- Global Regulatory Alignment: Supports FATF-aligned KYT requirements and one-click Suspicious Transaction Report (STR) generation.
Revolutionizing the Compliance Workflow with Search-First Design
Traditional blockchain compliance tools often involve lengthy demo bookings, KYB procedures, and contract signings before any screening can begin. Phalcon Compliance 3.1 eliminates this friction with its innovative Search-First Architecture. Users can now initiate a scan immediately by entering a wallet address or transaction hash, receiving compliance results in seconds without any upfront commitment.
This is critical for time-sensitive anti-money laundering (AML) checks and counterparty verification in fast-moving on-chain environments. The platform also features a unified homepage integrating multi-chain search, risk trend insights, and sample datasets—like the case of alleged drug trafficker Ryan James WEDDING—allowing new users to explore capabilities risk-free.
Lite Scan: Instant Risk Intelligence for Critical Moments
Understanding that not every situation requires a full investigation, BlockSec introduces Lite Scan Mode. This feature provides immediate access to essential risk indicators—such as exposure to sanctions, scam involvement, or mixer-related activity—without requiring a platform subscription.
"In these cases, delays caused by subscription requirements can slow decision-making and increase operational risk."
This empowers exchange support teams, OTC desks, and individual users to make rapid, informed decisions, such as validating a withdrawal destination before funds are sent.
Flexible Pricing and Global Payment Support
To accommodate organizations with fluctuating screening volumes and individuals seeking cost predictability, Phalcon 3.1 introduces a flexible credit-based model. Users purchase only the screening credits they need, scaling up or down as demand requires.
The platform has also significantly expanded its payment gateway support to lower geographic barriers:
- WeChat Pay for domestic users.
- Cash App for international users.
- Continued support for credit cards and cryptocurrency payments.
Meeting the Demands of Global Regulators
Phalcon Compliance 3.1 is engineered to meet stringent global regulatory standards. It leverages a database of over 400 million labeled addresses and supports real-time screening across major networks like Ethereum, Tron, BSC, and Polygon. Its millisecond-level API performance enables high-frequency monitoring, while integration with BlockSec's MetaSleuth investigation platform allows for deep visual fund-flow analysis.
The platform's ability to generate Suspicious Transaction Reports (STRs) with one click aligns reporting workflows with international standards, making it a trusted tool for over 500 clients worldwide, including Coinbase, Bybit, the UN, and the FBI.
Driving Adoption with a New Referral Program
Alongside the launch, BlockSec has initiated a referral program to foster ecosystem growth. Participants earn three scanning credits for each new user and can receive up to 20% cashback on payments from referrals, with a lifetime cap of $10,000. This initiative aims to support early-stage teams and smaller organizations in building their compliance operations.
Phalcon Compliance 3.1 is now live, offering the Web3 community a powerful, accessible, and scalable solution for navigating the complex world of blockchain regulation and risk management.
