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France & Austria-based Entities Join Hands to Adopt Corrective Plan for Crypto Frauds

NIGMA Conseil and AIT Partners to Fight Against Crypto Crimes

France-based, highly reputed security and blockchain forensics firm, NIGMA Conseil has entered into a strategic agreement with AIT Austrian Institute Technology, which serves as a reputed government-owned research and technology organization in Austria. The agreement will bind the two popular entities to lay joint efforts focused on the protection and elimination of cryptocurrency and finance-related crimes. AIT is a well-known organization that is doing remarkable work in the field of virtual currencies and blockchain technology.

As per the reports, the dedicated team of professionals belonging to NIGMA and AIT has been investing their time and knowledge for the past several months to improve the e-NIGMA platform’s blockchain analytics and anti-money laundering efficiencies. The platform has been built on AIT’s open-source cryptocurrency forensics platform, GraphSense. The platform aids NIGMA to track down suspicious transactions through real-time analysis.

e-NIGMA solution has been designed to work as an efficient blockchain forensics tool designed to ensure KYC/AML compliance, monitoring of a transaction, and diligence investigations for business entities dealing in digital assets, banking institutions, and government agencies. Some of the prominent features of e-NIGMA are as follows:

  • Risk assessment
  • Wallet clustering and entity tagging of a large number of addresses
  • Data visualization and customizable graphs
  • Scrutinizing of real-life entities via clear and Dark web scraping and OSINT
  • Downloading of doubtful transactions report

Fabien Tabarly, CEO of NIGMA Conseil quoted that

The synergy between a leading European academic research institute and our team of developers has been instrumental in implementing the most innovative tools to fight financial crime in virtual currencies.

Ellan Hare

Ellan Hare is a bitcoin trader and actively participates in bitcoin exchange. She also writes blog to guide people dealing with bitcoin exchange. She write latest bitcoin news for currentbitcoin.news. She is an avid traveller.