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BIG Blockchain Intelligence Group Committed to Meeting Growing Demand for Security & Transparency in Cryptocurrency Market
(via TheNewswire) Vancouver, Canada - BIG Blockchain Intelligence Group Inc. - March 7, 20...
About this update from Bigg Digital Assets Inc.
[{"type":"text","content":"BIG Blockchain Intelligence Group Committed to Meeting Growing Demand for Security & Transparency in Cryptocurrency Market(via TheNewswire)\n\n \nVancouver, Canada - BIG Blockchain Intelligence Group Inc. - March 7, 2018 - (CSE: BIGG) (OTC: BBKCF) (WKN: A2JSKG) (\"BIG\" or the \"Company\"), a developer of Blockchain technology search and data analytics solutions, is committed to meeting the growing demand for greater security and transaction transparency within the Cryptocurrency sector.\n\n\n \n'Taking Cryptocurrency Mainstream' is the Company's vision statement. Our mission is to reduce the risks associated with Cryptocurrency use for business, government and individuals - enabling the widespread adoption and use of cryptographic digital currency. We are leveraging our recent $19.5 million financing to do so.\n\n\n \n\"The good news for BIG and our investors, is that whether Bitcoin's price goes up or down, Anti-Money Laundering (AML) background checks need to be performed more now than ever before by both the financial industry and retailers,\" said BIG CEO, Lance Morginn. \"That's why this recent round of financing is being used in part to ensure the market and legislators are aware of our suite of tools, which provide tracking capabilities and analysis of transactional legitimacy that far surpass what is possible when dealing with traditional fiat (paper) money. It's only when we have this level of insight in the Cryptocurrency space that financial institutions and retailers can meet their fiduciary responsibilities, that policies can be defined and legislation implemented.\" \n\n\n \nSome of the drivers supporting this growing market demand for BIG's tools were summarized in the recent article, \"How Law Enforcement Can Investigate Bitcoin Related Crimes And Why That's Good\"(1), including:\n\n\n \n\n\n- the need to craft a Blockchain that is secure for legal commerce, and advantageous to everyone except criminals;\n\n\n\n- law enforcement's proven track record of evolving their 'toolkits' to outsmart criminals' use of new technologies;\n\n\n\n- Bitcoin's pseudo-anonymous nature enabling the tracking of all transactions for a specific Bitcoin address, with records dating back to their first transaction;\n\n\n\n- the Blockchain's nature of storing all information forever, making unprecedented data retrieval possible and eas...