BIG Blockchain Intelligence Group Inc. (CSE:BIGG) (OTC:BBKCF) (WKN:A2JSKG) was recently featured in an article by Stockhouse.
BIG Blockchain Intelligence Group Inc. (CSE:BIGG) (OTC:BBKCF) (WKN:A2JSKG) was recently featured in an article by Stockhouse. The article discussed cryptocurrency and financial crime, while highlighting the company’s technology that can be used to “meet the growing demand for greater security and transaction transparency.”
As quoted in the article,
It’s not the cryptocurrencies that are vulnerable, but the third-party providers that are subject to tampering, hacking, phishing, or cryptojacking. The Company has a suite of tools that allow law enforcement the ability to trace, track and monitor cryptocurrencies at a forensic level. What that means is that it can see any address, almost in real-time, that is performing a transaction. BIGG can see the funds that are in that address or wallet, where those funds have been before, and can even trace a coin back to the very first day that it was minted.
Big Blockchain can also identify entities, such as exchanges, within the Bitcoin blockchain, showing where the addresses have converted to other cryptos or to fiat currency. It’s by those means that the Company helps give law enforcement the tools they need to be able to de-anonymize someone in a pseudo-anonymous space.