TechFlow, on October 23, 2023, a Web3 Ecosystem Security Forum was successfully held in Hong Kong. Co-organized by OKLink, a leading provider of Web3 on-chain data and compliance solutions, and CertiK, a pioneer in Web3 security, and exclusively supported by the Hong Kong Investment Promotion Agency (InvestHK), the forum focused on building a secure and reliable Web3 ecosystem. Guests from DRK Lab, InvestHK, BlockSec, OKLink, and CertiK jointly analyzed the potential challenges facing Web3 ecosystem security and discussed corresponding solutions.
Recently, the Securities and Futures Commission (SFC) of Hong Kong has strengthened its regulation of digital asset trading platforms, emphasizing the importance of KYC (Know Your Customer) and AML (Anti-Money Laundering) policies. OKLink consistently develops its products with compliance as a core principle.
KYT (Know Your Transaction) and KYA (Know Your Address), two core components of OKLink’s Onchain AML suite, represent an evolution beyond traditional KYC services. KYT links blockchain addresses to real-world identities, monitors deposit and withdrawal transaction risks, identifies malicious addresses, and generates alerts—meeting the compliance and risk management needs of Virtual Asset Service Providers (VASPs). KYA identifies, analyzes, assesses, and classifies the risk profiles of on-chain addresses, supporting digital asset investigations and conducting preliminary screening of on-chain transaction risks, thereby enhancing transparency in digital asset transactions. Notably, KYT currently leads the industry in supporting detection capabilities for popular chains such as Scroll, Base, and Starknet.
