Technology experts from France and Austria are said to join forces in their efforts to combat crypto-based money laundering. Notably, The French blockchain security company NIGMA Conseil, and the Austrian Institute of Technology (AIT), have signed an agreement of cooperation and will be working on illegal crypto-related transactions.
Reportedly, they will be working on e-NIGMA platform, built using the AIT GraphSense technology, and the e-Nigma ecosystem will be able to discover the entities behind crypto wallets, and eventually track for suspicious transactions.
Additionally, AIT will get to expand its general portfolio of data and security services with blockchain security. The organization is already a part of the Titanium cybersecurity project, investigating darknet activity alongside Interpol and other government or academic partners.
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Nurul is an English Language graduate who is highly passionate on writing, she literally breathes on it. An avid reader and a critical thinker, she covers on blockchain news during day and weeps at sad novels at night.