US Army Is Looking For Crypto Experts To Track Bitcoin’s Blockchain In Real-Time
The New Jersey branch of the U. S. Army Contracting Command has recently started to look for crypto experts. According to a pre-solicitation notice sent out by the institution, it is looking for a blockchain expert that can be able to trace Bitcoin (BTC) spending in real-time.
A pre-solicitation means that the army can give up on this idea at any moment, so it looks like the entity is just exploring this new idea right now.
According to the release, the person will devise a crypto analytics solution that can be used for criminal investigations. The service has to be online and cloud-based, as it should not be reliant on any kind of software or hardware. This is needed possibly because the entity does not want to limit the usage of the product in the future.
The contractor’s program should also provide the sources of each investigated transaction and offer multi-crypto analysis for when the person is not only dealing with Bitcoin. One of the main goals, it seems, is to be able to quickly identify who is using cryptos at the same time that the person is still doing the transactions.
This is just one of the latest cases of the U. S. government using blockchain technology. The governmental interest in the issue has grown quite recently, as the usage of the technology went up.
Especially in tracing crypto usage, Chainanalysis has recently started a partnership with the government of New York that was worth $5.3 million. The government wants to know how people are using cryptocurrencies and it is willing to spend a lot of money on that.