Hilltop Cybersecurity Partners with BIG Blockchain Intelligence Group

Hilltop Cybersecurity (CSE:CYBX) has announced that it has partnered with BIG Blockchain Intelligence Group.

As quoted in the press release:

Hilltop will integrate BIG’s BitRank Verified^TM technology into its patented Vauban platform and will enhance anti-money laundering features for any company using or processing cryptocurrency.

With BIG’s BitRank Verified^TM technology integrated into Hilltop’s Vauban platform, financial institutions, businesses and exchanges can mitigate their risks of adopting and using cryptocurrencies. BIG will receive a commission fee on transactions processed through Hilltop’s platform that utilizes BIG’s proprietary cryptocurrency verification product, BitRank Verified^TM.

The combined technologies:

• support AML (Anti-Money Laundering efforts)
• deliver transparency regarding the legitimacy of transactions
• enable confidence that transactions are not involved with or implicated in criminal activities

Hilltop Cybersecurity’s CEO, Corby Marshall commented: “We look forward to working with BIG and the BitRank Verified^TM service. Vauban our cyber security platform already provides early detection of threats and the highest level of transaction management, security and processing. We believe that integration of tools like BitRank^TM will allow those customers who are looking to use cryptocurrency in their daily business transactions a level of comfort and forensic capability that will eliminate some of the risk associated with using Bitcoin or other cryptocurrencies. The partnership with BIG adds a new analysis capability including an unrivaled ability to track and trace transactions in line with regulatory requirements. As cryptocurrency users come under increased assault by cybercriminals, we are continuing to evolve our defenses, in order to provide optimal protection.”

Click here to read the full press release.