The Blockchain Intelligence Group course teaches law enforcement about ethereum

The Blockchain Intelligence Group course teaches law enforcement about ethereum

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A Vancouver-based blockchain company has built a new course that provides law enforcement with the knowledge and tools required to conduct technical investigations of the Ethereum blockchain.

Blockchain Intelligence Group, a subsidiary of BIGG Digital Assets Inc. (CSE: BIGG) (OTCQX: BBKCF), announced the release of its Certified Investigator (CCI) training program on Monday.

Blockchain Intelligence Group has developed a comprehensive three-module certificate program that actively investigates the intricacies of Ethereum. Ethereum is the world’s second largest blockchain platform with over 641,000 Ethereum-based tokens.

The CCI ETH training program provides investigators and anti-money laundering (AML) professionals with comprehensive knowledge of the Ethereum blockchain.

“The launch of CCI ETH marks a crucial milestone in our commitment to equip investigators and AML professionals with the latest tools and knowledge necessary to fight financial crime,” said Lance Morginn, president of Blockchain Intelligence Group.

“By offering a specialized training module focused on Ethereum, we aim to bridge the knowledge gap and empower professionals to conduct in-depth technical research, keeping pace with the ever-evolving digital asset ecosystem.”

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Participants will learn the history and inner workings of Ethereum

Participants gain a deep understanding of its history, internal workings, transaction analysis, identification of illegal activities and the use of BIG’s blockchain investigative platform, QLUE, to track transactions.

It aims to provide the public with a comprehensive understanding and analysis of the Ethereum network. It covers various aspects such as the history of the network, the Ethereum protocol, the ERC-20 standard, smart contracts and a comparison of proof-of-work (PoW) and proof-of-stake (PoS) consensus mechanisms. The module also addresses the main challenges Ethereum faces and expected solutions in the near future.

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By the end of the course, participants are well prepared to handle intricate cases involving Ethereum-based tokens and navigate the complexities of decentralized applications.

In addition, the course introduces the wide range of potential applications for Ethereum, highlights the key differences between Ethereum and Bitcoin, and briefly discusses how Ethereum supports decentralized finance (DeFi).

Finally, the module concludes with a survey of Ethereum clustering techniques, an exploration of Ethereum blockchain explorers, and a demonstration showing how Ethereum exploration can be performed QLUE.

This initiative enhances the capabilities of law enforcement agencies to effectively combat financial crime in the rapidly evolving digital asset landscape.

There are a number of other companies that offer these services. Some of these include chain analysis, DMG Blockchain Solutions (TSXV: DMGI) with its block viewer suite of tools and California-based Ciphertrace.

Each of these includes tools such as map blockchain wallet addresses to real-world entities, helping to identify illegal activities, dark web markets, fraud and ransomware. These services also include continuous transaction monitoring to help detect high-risk activities. This technology is currently used by the Federal Bureau of Investigation, the Internal Revenue Service, a number of cryptocurrency exchanges, as well as other law enforcement agencies.

Bigg Digital Assets stock was flat at $0.24 on Monday on the Canadian Securities Exchange.

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