The USA Military Legal Investigation Division Command (USACIDC) is looking for a Software program-as-as-Service internet software to assist them ob
The USA Military Legal Investigation Division Command (USACIDC) is looking for a Software program-as-as-Service internet software to assist them observe and hint illicit cryptocurrency transactions.
Based on an announcement of labor printed on July 10, the USACIDC together with the Main Cybercrime Unit and FBI will use the applying to detect actions reminiscent of fraud, extortion and cash laundering carried out utilizing cryptocurrencies.
The group is taking bids for developed, examined and read-to-deploy internet purposes for the aim until July 20.
The appliance should permit multi-currency evaluation
As per the USACIDC — an arm of the U.S. Military that conducts felony investigations worldwide — the online software they’re looking for should have the ability to analyze Bitcoin (BTC) and different main cryptocurrencies in real-time whereas additionally enabling customers to “conduct an in-depth investigation into the supply of cryptocurrency transactions.”
The doc additional explains that the cloud software ought to assist the USACIDC with fast detection of “felony and suspicious monetary connections, determine suspicious cryptocurrency transactions, and examine cryptocurrency connections.”
The appliance must also include the flexibility to identify suspicious transaction patterns and interactions with different entities, and a hyperlink evaluation instrument to facilitate the evaluation of information.
Final 12 months, in July, the US Military Contracting Command of New Jersey printed a pre-solicitation discover looking for an identical internet software to assist regulation enforcement companies to trace and determine individuals utilizing cryptocurrencies for unlawful functions.