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

The cryptocurrency analytics solution would be used by the U.S. Army Criminal Investigation Command (USACIDC) for criminal investigations and other missions. The contractor must be a cloud-based, online service that can assist law enforcement in identifying and pursuing actors using cryptocurrencies for illegal purposes such as fraud, extortion, and money laundering.

They must also 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 “real-time Bitcoin and other cryptocurrency transaction tracing,” service attribution and identification, identification of transaction patterns, and interactions with other entities.

Government and army alike turn to blockchain

U.S. government agencies had tripled their investment in blockchain intelligence firms in the past year, including the U.S. Air Force. The USAF secured new contracts with SIMBA Chain and blockchain data management firm Constellation, with a focus on using the technology for supply chain and data management.


Read the Full Article on Cointelegraph

Read More