This is where Blockchain Intelligence Group comes into the picture. For those who are unaware, QLUE is designed to fight financial crimes taking place on the internet. More specifically, the company wants to detect suspicious bitcoin activities in real-time.
This tool can be quite beneficial to law enforcement agencies all over the world. Blockchain Intelligence Group uses advanced search algorithms to flag suspicious bitcoin transactions. The exact inner working of their QLUE platform remains shrouded in mystery for the time being, though. The Tor project seems to be involved in this process as well. It is important to note Blockchain Intelligence Group is a pro-bitcoin company first and foremost.
However, they notice bitcoin is getting a lot of negative attention as well. Addressing this problem is direly needed to make cryptocurrency appear more legitimate. Weeding out the abuse of the bitcoin network can have positive consequences for the cryptocurrency ecosystem as a whole. Whether or not the QLUE platform will be beneficial to law enforcement, remains to be seen.
Blockchain Intelligence Group is confident this tool can make bitcoin appear more legitimate. Moreover, bringing down criminal activity on the darknet is never a bad thing. Header image courtesy of Shutterstock. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.
We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. Crypto Prices from Nomics. All Rights Reserved. Advertise Submit a Press Release. Play Now! Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.
Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur.
These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
BIGCS provides trust and real-time risk mitigation through its comprehensive suite of tools and services for the financial services industry, the law enforcement community, and regulators.
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| Save bitcoins | Overview Financials People. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or click at this page. To be more precise, bitcoin is anything but anonymous or bitcoin. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. BIG also offers an eight-hour, five model online certification qlue on identifying cryptocurrency related crime to bitcoin https://watchcoinprice.com/inside-bitcoins-new-york-2021-countdown/5791-bitcoin-cash-fork-bittrex.php officers. But TSM stock wavered. The Bitcoin Trail delves into cryptocurrency mining, common criminal schemes where bitcoin is used. |
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