August 11, 2020

U.S. Army cryptocurrency transaction tracking

U.S. Army cryptocurrency transaction tracking
U.S. Army begins to search for crypto criminals

New Jersey US Army Contract Command opened a competition for the development of software (software) for tracking transactions in cryptocurrency. With it, the military wants to find crypto criminals.

U.S. military takes on cryptocurrencies

According to Cointelegraph, analytical software forcryptocurrency transaction tracking is for the U.S. Army Criminal Investigation Division. Allegedly, it should help in the investigation of criminal cases and "other operations."

The terms of the competition say that the developmentshould be based on cloud technology and online services. The main purpose of the software is to help the military identify crypto criminals who engage in fraud, extortion and money laundering through cryptocurrencies.

  • According to the selection conditions, the software must providethe ability to track transactions in BTC and other cryptocurrencies in real time. The program should also determine the associated addresses, and identify both senders and recipients of the cryptocurrency