umbcs410-utimaco / crypto-analysis

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Project proposal - scope #7

Open dakaizou opened 2 years ago

dakaizou commented 2 years ago
charles1790 commented 2 years ago

The working name of the software is BitTelligence, for Bitcoin Intelligence.

This product will enable a user to track and monitor the flow of bitcoin through a wallet and offer basic information on wallets and funds, but it will not perform any advanced analysis or inferential statistics on the collected data. It is the responsibility of the user to draw patterns from the information provided by this product.

The benefit of our software will be to banks and law enforcement, giving them an additional tool for catching criminals such as ransomware groups, fraudsters, and others that attempt to hide ill-gotten profits using the bitcoin protocol. This tool could help in the recovery of stolen funds for individuals or businesses suffering from theft, ransom, or fraud.