Top Blockchain Security Companies to Watch Out for in 2023

Published Date : Feb 2023
Author : Pratibha Bhattacharjee
Biography : Sr. content writer at Brand Essence Market Research. Passionate about content curation in the market research vertical. Always striving to create reliable and engaging industry-based content.

Blockchain security companies create and provide risk management solutions to enterprises with an aim to reduce cyberattacks and online fraud related activities.  

Some of the top players operating in this sector are

Oracle Corporation

Market Position or History 

  • In October 2018, Oracle Corporation announced the launch of the Oracle Blockchain Applications Cloud. This platform is equipped with an ability to improve transparency and traceability through the supply chain network of an enterprise.  

Business Overview and Strategy 

The company was established in June 1977 by Ed Oates, Bob Miner, and Larry Ellison. It has its headquarters in Austin, Texas. It is regarded as one of the world’s largest computer software companies. Oracle offers a wide range of products and services pertaining to data-based technology and software.  

The company believes in making use of computer-based data or resources to unlock new opportunities. It has always adopted and worked on innovating efficient technologies to make lives easier for the masses. In fact, Oracle Corporation has created a blockchain platform enabling enterprises to easily obtain the blockchain technology via cloud, SaaS application, or on-premises edition.  


Market Position or History 

  • In 2015, IBM announced to have marked an entry into the enterprise blockchain space with an aim to enhance consumer approach to blockchain by providing them with a plethora of options.  

Business Overview and Strategy  

Established in June 1911, the company has its headquarters in Armonk, New York, United States. It was founded by Thomas J. Watson, Herman Hollerith, and Charles Ranlett Flint. It is known for developing software, middleware, and hardware components.  IBM also provides consulting and hosting services in domains such as nanotechnology and mainframe computers.  

The company believes that by developing advanced technological entities, it can bring a noticeable transformation across various sectors. It has developed efficient blockchain security solutions integrated with advanced productivity tools to help enterprises mitigate the risk of cyberattacks.  


Market Position or History 

  • In April 2021, Accenture announced the acquisition of a prominent cloud-native full stack development firm named Cygni.  

Business Overview and Strategy 

Established in 1989, the company has its headquarters in Dublin, Ireland. It offers information technology services and consulting to its large consumer base spread across the globe. It  is worth noting that Accenture has gained recognition as a Fortune Global 500 Company.  

The company believes that it can bring a change in the lives of the peoples through innovation and technology. It has proliferated into the blockchain technology space by developing high end solutions in this sector.  


Market Position or History 

  • In October 2021, Kaspersky announced the acquisition of Brain4Net with an aim to accelerate its XDR platform through the integration of orchestrated SASE.  

Business Overview and Strategy  

Established in 1997, the cyber security company has its headquarters in Moscow, Russia. Eugene Kaspersky, Natalya Kaspersky, and Alexey De-Monderik were the founders of Kaspersky. The company specializes in the development of solutions pertaining to internet security, antivirus, and password management, among others.  

The company aims at innovating and delivering affordable, effective, and easily accessible cybersecurity entities. Its prime vision is to protect the end users from potential cyber threats.

DMG Blockchain Solutions

Market Position or History 

  • In February 2013, DMG Blockchain Solutions announced the acquisition of blockchain data and applications provider, Blockseer.  

Business Overview and Strategy 

Established in 2011, the company has its headquarters in British Columbia, Canada. It is known for offering diversified blockchain services along with cryptocurrency-based entities. DMG Blockchain develops, manages, and operates digital solutions which aids in the monetization of the blockchain ecosystem.  

The company’s prime vision is to mitigate the risk of fraudulent activities across the supply chain networks pertaining to digital currency by mining public blockchain solutions across these networks.



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