Crystal Blockchain is an arm of the Bitfury Group that specialises in analysing digital currencies. As a part of the settlement, on the finish of every day, Crystal Blockchain will launch queries in opposition to its database of transactions that FICO will then share with organisations utilizing its software program to generate a danger rating for transactions which may require extra verification. The purpose of this course of is to assist monetary establishments to determine suspicious exercise involving cryptos that lots of them now settle for as a type of reliable species.
The Crystal Blockchain platform can detect what number of addresses are managed by a selected consumer whatever the entity concerned. RTInsights experiences that the corporate employs proprietary clustering methods to determine a listing of addresses generated by the identical non-public key. Crystal Blockchain can observe greater than 20 varieties of entities, together with exchanges, miners, playing providers, and darknet marketplaces to determine which customers are related to entity wallets.