From the next fiscal year, the National Police Agency has decided to introduce software to visualize and track transactions of virtual currencies.
Because the block chain records all the transactions, it took time to find the transaction involving the crime.
Also, as a problem of the present situation, problems such as massive spill cases and abuse by money laundering hiding funds obtained by crime are occurring.
The software planned to be introduced to the National Police Agency from the next fiscal year was developed by the private sector and we can extract the transactions necessary for the investigation and visualize the flow . It also seems to be able to identify information on the cryptocurrency exchange operator used for crime .
According to the aggregate of the National Police Agency, the amount of damage of the cryptocurrency that occurred last year was 660 million yen, and in January this year XEM equivalent to 58 billion yen from the coin check leaked.
The National Police Agency intends to improve the efficiency of crime and the efficiency of investigation by introducing this software.
Article source: Transaction of cryptocurrency Visualization and tracking National Police Agency to introduce software
Author: NT 【Coin Desk News】 – Source Post: https://crypto-times.jp/japanese-police-crypto/
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