Skip to main content

Scorechain Free Sanctions Screening API

Overview​

The Scorechain Free Sanctions Screening API is a no-cost tool designed to help crypto businesses ensure compliance with global sanctions regulations. It enables the detection of interactions with blockchain addresses linked to sanctioned individuals or entities, including those newly designated by authorities like the U.S. Treasury Department's Office of Foreign Assets Control (OFAC).

The API covers all blockchain protocols, offering real-time monitoring whenever a sanctioned address is detected interacting across multiple chains. Businesses can request access to the API through a straightforward online form here.

Key Features​

Checking​

  • Covers all blockchain protocols for interactions with sanctioned addresses.
  • Ensures comprehensive coverage across ecosystems.

Trusted Regulatory Data​

  • Utilizes up-to-date data from global authorities like OFAC sanctions lists.
  • Provides accurate, real time and reliable matches for compliance requirements.

Free Access​

  • Available at no cost to promote accessibility and ease of adoption.

Benefits for Businesses​

Regulatory Compliance​

  • Proactively meet global sanctions requirements and demonstrate due diligence during audits.

Risk Mitigation​

  • Reduce exposure to financial penalties, reputational damage, and operational disruptions by identifying and avoiding interactions with sanctioned entities.

Operational Efficiency​

  • Automates the process of monitoring blockchain activity for compliance, saving time and reducing manual effort.

Implementation Steps​

  1. Request Access
    Fill out the online request form.

  2. API Integration
    Use the provided documentation to integrate the API into your existing systems.

  3. Start Monitoring
    Begin detecting and managing risks by calling our API with dedicated hashes.

Use Cases​

  • Exchanges
    Identify and block transactions involving sanctioned addresses to ensure compliance.

  • DeFi Platforms
    Monitor interactions with sanctioned entities in decentralized ecosystems.

  • Crypto Wallets
    Alert users and prevent transactions with high-risk addresses.

Data Sources​

The API uses trusted data from:

  • United States: Office of Foreign Assets Control (OFAC)
    Part of the U.S. Department of the Treasury, OFAC administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals.

  • United Kingdom: Office of Financial Sanctions Implementation (OFSI)
    A department of HM Treasury responsible for implementing and managing financial sanctions in the UK.

  • South Korea: Ministry of Foreign Affairs (MOFA)
    Manages South Korea's international relations, including the implementation of sanctions.

  • Israel: National Bureau for Counter Terror Financing (NBCTF)
    Operates under the Ministry of Defense, focusing on combating terrorism financing.

Support and Updates​

Scorechain continuously updates the API's database with the latest sanctioned addresses.

For questions or support, contact Scorechain's team via support@scorechain.com.

Access the API​

To start using Scorechain's Free Sanctions Screening API, visit here.