August 9, 2020

U.S. Army seeks blockchain experts

U.S. Army seeks blockchain experts

The US Armed Forces Command (ACC) in New Jersey is looking for blockchain service providers for conducting investigations in the cryptocurrency industry.

July 25, ACC announced the search for an analytical solution that will be used by the command in criminal investigations related to the illegal use of cryptocurrencies.

The report says that the contractor shouldprovide a cloud solution that is independent of hardware or software that will help law enforcement agencies track cases of illegal use of cryptocurrencies and capture criminals.

Experts will determine the source of fraudulenttransactions, as well as provide cryptocurrency analysis. Also, the contractor should be able to track illegal transactions, determine their trends and features, and track the interaction of suspicious addresses.

According to the analytic company Diar, in 2018US authorities tripled cryptocurrency transaction investigation costs in the year. In most cases, the contractor in government blockchain investigations was Chainalysis, which at that time had signed agreements with government agencies totaling $ 5.3 million.

According to the materials cointelegraph.com