BIGG’ subsidiary has signed a 5-year contract with a US Federal Government agency valued at about C$715,000 to deliver QLUE licenses.
BIGG Digital Assets’ (CSE:BIGG,OTCQB:BBKCF) subsidiary, Blockchain Intelligence Group, has signed a 5-year contract with a US Federal Government agency valued at about C$715,000 to deliver QLUE licenses.
As quoted in the press release:
BIG will receive payment upfront for the full value of the contract, adding to our cash reserves.
BIGG will not be naming the specific agency in this release out of respect for the agency’s critical national security mission.
BIG’s QLUE™ (Qualitative Law Enforcement Unified Edge) enables Law Enforcement, RegTech, Regulators and Government Agencies to literally “follow the virtual money”. QLUE™ incorporates advanced techniques and unique search algorithms to detect suspicious activity within cryptocurrency transactions (Bitcoin, Ethereum, ERC20, Litecoin), enabling investigators to quickly and visually track, trace and monitor transactions in their fight against terrorist financing, human trafficking, drug trafficking, weapons trafficking, child pornography, corruption, bribery, money laundering and other cybercrimes.