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BIG Blockchain Intelligence Group Inc. Integrates BitRank into its Recently Acquired Netcoins Platform to Provide End To End Compliance And Risk-Scoring Solution
Vancouver, British Columbia--(Newsfile Corp. - August 20, 2019) - BIG Blockchain Intelligence...
About this update from Bigg Digital Assets Inc.
[{"type":"text","content":"BIG Blockchain Intelligence Group Inc. Integrates BitRank into its Recently Acquired Netcoins Platform to Provide End To End Compliance And Risk-Scoring SolutionVancouver, British Columbia--(Newsfile Corp. - August 20, 2019) - BIG Blockchain Intelligence Group Inc. (CSE: BIGG) (OTC: BBKCF) (WKN: A2JSKG) (\"BIG\" or the \"Company\"), a leading developer of Blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce that it has integrated BitRank Verified(R) into the recently acquired Netcoins trading and brokerage application. This is in-line with BIG's vision of bringing greater and enhanced compliance to the cryptocurrency industry. BIG's transaction risk-scoring BitRank Verified(R) service will enable Netcoins to:reduce the trading risk exposure related to cryptocurrencies;increase confidence in meeting regulatory compliance;stop the flow of coins tied to Dark Web activity;increase security through Anti-Money Laundering (AML) efforts;deliver transparency regarding the legitimacy of transactions;create a deterrence against criminal elements that may engage in illicit activity; and,provide assurance to their customers that measures are in place to strongly curtail illicit transactions or reduce the amount of illicit funds that could have otherwise transacted.Netcoins OTC (Over-the counter) trading business has also been enhanced with BIG BitRank technology, allowing the validation of both inbound and outbound coins and transactions by identifying whether they are associated with entities or exchanges connected with criminal elements.BIG's full suite of cryptocurrency security tools and services, including our transaction risk-scoring BitRank Verified(R) service, its QLUETM cryptocurrency investigation platform, and in-house Forensic Services Division can now be utilized with Netcoins.When BitRank Verified(R) flags questionable or illegitimate transactions, QLUETM (Qualitative Law Enforcement Unified Edge) is used to perform due diligence and blockchain security investigations at greater forensic depth by exploring where the related funds are coming from and the security profiles of the entities involved. BIG's in-house Forensic Services Division provides a deep dive to obtain an even greater level of insight and identification of the entities involved in the given transactions.\"We're very exc...