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US Army Seeks Blockchain Experts Who Can Trace Bitcoin in Real-Time

US Army Seeks Blockchain Experts Who Can Trace Bitcoin in Real-Time

US Army Seeks Blockchain Experts Who Can Trace Bitcoin in Real-Time

 

Blockchain intelligence service providers are being sought by the US Army Criminal Investigation Command to track financial criminals

 

The United States Army Contracting Command (ACC) of New Jersey has issued a pre-solicitation notice for cryptocurrency investigation service providers.

As a pre-solicitation, posted on July 25, the notice and the ACC’s responses do not bind ACC to solicit or award a contract.

For use in criminal investigations

According to the ACC, the cryptocurrency analytics solution is being sought for use by the U.S. Army Criminal Investigation Command (USACIDC) for use in criminal investigations and other missions.

The notice outlines that the contractor must provide a cloud-based, online service — not reliant on hardware or software — that can assist law enforcement in identifying and pursuing actors using cryptocurrencies for illicit purposes such as fraud, extortion and money laundering.

The contractor should provide the source of the cryptocurrency transactions, with the capacity to offer multi-cryptocurrency analysis from Bitcoin (BTC) to other major cryptocurrencies.

Other requirements include providing “real-time Bitcoin and other cryptocurrency transaction tracing,” including service attribution and identification, as well as being able to identify transaction patterns and interactions with other entities.

Source: https://cointelegraph.com/news/us-army-seeks-blockchain-experts-who-can-trace-bitcoin-in-real-time

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