US Army Investigative Unit Calls For A ‘Ready' Web-Based Crypto Tracking Application

In November 2019, the New Jersey branch of the U. S. Army Contracting Command released a notice searching for cryptocurrency experts. The Statement of Work issued by the US Army also went so far as to provide key specifications for the solution they're seeking.

  • The U.S Army is looking for a web-based application to help investigate cryptocurrency transactions and transfers, helping in cybercrime investigations.

The Investigative Unit of the U.S Army released a request for information filing (RFI) titled, “Cryptocurrency Investigative Web-Based Application.” The Unit was searching for a cloud-based web application that can assist law enforcement agencies in stopping illicit trading and activities such as money laundering and terrorist financing using cryptocurrencies.

“To acquire a web-based application solution that provides a capability to support investigations where there is a nexus to virtual currency.” – The objective of the U.S. Army Criminal Investigation Command's Major Cybercrime Unit (MCU)

In a Statement of Work (SoW) filed on July 10, the U.S Army set specifications on the Software-as-a-Service platform. First, the web-based application should already be developed (not in the development phase) with no hardware or software needed to install. The platform should provide a real-time transaction tracing of cryptocurrencies and spot patterns and interactions of the accounts with other entities.

Data generation and visualization on the platform is key to allow easy understanding and analyzing of data. The solution must be cloud-based to allow the investigative unit to quickly detect, identify, and investigate criminal activities on blockchains.

In November 2019, the New Jersey branch of the U. S. Army Contracting Command released a notice searching for cryptocurrency experts. The aim being to develop a blockchain analysis tool to track and trace Bitcoin (BTC) among other cryptocurrencies used in cybercrime and illicit activities.

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Lujan Odera
Lujan Odera
Lujan is a blockchain technology and cryptocurrency author and editor. He has worked in the field of cryptocurrencies and blockchain technology since 2015 helping him gain enough experience to be the writer he is today. He is known for his simple writing style that allows novices to understand the field in the simplest way.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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