ProtectedBy.AI is Awarded Department of Defense Contract to Develop Innovative Tools to Combat Criminal Cryptocurrency Transactions
The award is to develop a prototype solution that will research, analyze, and identify transactions within blockchain records.
- The award is to develop a prototype solution that will research, analyze, and identify transactions within blockchain records.
- Crimes are often conducted behind the veil of technologies that were purposefully developed to obscure the identity of the underlying transactors.
- The anonymity inherit to cryptocurrency is increasingly being used to facilitate unlawful transactions and enable crimes including narcotrafficking, human trafficking, extortion, corruption and ransomware.
- C5 gives members an innovative and commonsense acquisition mechanism for development of new technologies and products to meet government customer requirements.