BIGG Digital Assets Inc. (“BIGG” or the “Company”), owner of Blockchain Intelligence Group (“BIG”), a leading developer of Blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce that it has signed a 1 year contract with a United States Federal Government agency for CAD ~$389,000 to deliver QLUE licenses. BIGG will not be naming the specific agency in this release out of respect for the agency’s critical national security mission.
BIG’s QLUE (Qualitative Law Enforcement Unified Edge) enables Law Enforcement, RegTech, Regulators and Government Agencies to literally “follow the virtual money”. QLUE incorporates advanced techniques and unique search algorithms to detect suspicious activity within cryptocurrency transactions (Bitcoin, Ethereum, Litecoin), enabling investigators to quickly and visually trace, track and monitor transactions in their fight against terrorist financing, human trafficking, drug trafficking, weapons trafficking, child pornography, corruption, bribery, money laundering, and other cybercrimes.
Blockchain Intelligence Group president, Lance Morginn, commented, “We are thrilled to have achieved this customer acquisition milestone. This win is a clear validation of all the hard work and advances in technology our team has made to date. Also, with our services now being utilized by a federal agency within the US Government we expect to see interest expand into other federal agencies. Further, this traction is also more evidence that we are delivering a solution that utilizes vast amounts of data and are displaying it in a format that makes it easy to use for our customers.”
Blockchain Intelligence Group has also recently signed a Law Enforcement Agency in the APAC region, that wishes to remain unnamed due to sensitivities in their investigations, and are now utilizing QLUE for their blockchain forensics work.