VANCOUVER, British Columbia, July 29, 2020 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W), proprietor of Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a number one developer of blockchain know-how search, risk-scoring and information analytics options, is happy to announce that Bitcoin SV (BSV) has been launched as a part of the BIGG Compliance Suite v1.17 (https://qlue.io/ and https://bitrankverified.com/). QLUE™ and BitRank Verified® additionally assist BTC, ETH, ERC20, LTC and BCH.
Bitcoin SV emerged from a Bitcoin Cash community cut up, so as to prioritize strict adherence to Satoshi Nakamoto’s unique Bitcoin protocol and design for large scaling. It acknowledges Bitcoin as greater than only a digital forex and blockchain, but additionally a protocol for the world’s information community just like Internet protocol. The ecosystem views low payment peer to see transactions because the core worth proposition of the info community and is devoted to unbounded scaling and big on-chain transaction throughput by enterprises in pursuit of this objective. Bitcoin SV supporters additionally determine the worth of Bitcoin as an trustworthy, clear, and auditable ledger.
BIG’s QLUE™ (Qualitative Law Enforcement Unified Edge) is utilized by Law Enforcement, Banks, Exchanges, ATM Operators to carry out due diligence and blockchain safety investigations at higher forensic depth by exploring the place the associated funds are coming from and going to, and the profiles of the entities concerned. QLUE™ permits for the export of an investigation and in flip this may be saved on file for regulators, or to request a subpoena or be offered as proof in courtroom.
BSV can be now accessible in BitRank Verified® which supplies monetary organizations with the power to get a threat rating on an deal with and/or transaction permitting for the short evaluation of whether or not funds have been concerned in nefarious exercise.
Jimmy Nguyen, Founding President of Bitcoin Association (the worldwide trade group that helps Bitcoin SV), commented on at this time’s announcement, saying, “We are thrilled that Blockchain Intelligence Group is adding Bitcoin SV support to its suite of blockchain analytics, forensic tracing, and intelligence tools. Unlike other digital currency camps, the Bitcoin SV ecosystem strongly advocates for building a lawful and regulation-friendly industry, in order to win the confidence of enterprises, governments and consumers that is needed to achieve mass adoption. Blockchain Intelligence Group advances that mission by providing practical tools to help businesses satisfy AML, KYC, CTF and OFAC compliance, tracking mechanisms to investigate and stop crime, and forensic investigation services that enable law to be enforced over digital currency activity. Its solutions will make it easier for more businesses globally to offer BSV services. We welcome Blockchain Intelligence Group to the Bitcoin SV ecosystem, and look forward to collaborating with its team to promote a lawful blockchain future.”
BIG’s President, Lance Morginn, commented, “QLUE™ and BitRank Verified® provide all the tools necessary for any organization involved in crypto compliance and investigations to perform their duties and we are excited to add Bitcoin SV to these services. This addition allows us to continue to position BIG’s services as having visibility into the top cryptocurrencies in the marketplace.”
On behalf of the Board
President & Director
About BIGG Digital Assets Inc.
BIGG Digital Assets Inc. (BIGG) believes the way forward for crypto is a secure, compliant, and controlled atmosphere. BIGG invests in merchandise and corporations to assist this imaginative and prescient. BIGG owns two working corporations: Blockchain Intelligence Group (blockchaingroup.io) and Netcoins (netcoins.ca).
Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUE™, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually observe, hint and monitor cryptocurrency transactions at a forensic stage. Our industrial product, BitRank Verified®, provides a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to satisfy conventional regulatory/compliance necessities.
Netcoins develops brokerage and alternate software program to make the acquisition and sale of cryptocurrency simply accessible to the mass client and investor with a deal with compliance and security. Netcoins makes use of BitRank Verified® software program on the coronary heart of its platform and permits crypto transactions by way of retail places globally, a self-serve crypto brokerage portal and an Over-The-Counter (OTC) buying and selling desk.
Certain statements on this launch are forward-looking statements, which embody completion of the search know-how software program and different issues. Forward-looking statements include statements that aren’t purely historic, together with any statements relating to beliefs, plans, expectations or intentions relating to the longer term. Such data can typically be recognized by means of forwarding-looking wording resembling “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the damaging thereof or comparable variations. Readers are cautioned to not place undue reliance on forward-looking statements, as there could be no assurance that the plans, intentions or expectations upon which they’re based mostly will happen. By their nature, forward-looking statements contain quite a few assumptions, recognized and unknown dangers and uncertainties, each normal and particular that contribute to the likelihood that the predictions, estimates, forecasts, projections and different forward-looking statements won’t happen. These assumptions, dangers and uncertainties embody, amongst different issues, the state of the financial system usually and capital markets particularly, and different elements, a lot of that are past the management of BIGG. Forward-looking statements contained on this press launch are expressly certified by this cautionary assertion. Undue reliance shouldn’t be positioned on the forward-looking data as a result of BIGG can provide no assurance that they may show to be appropriate. Important elements that would trigger precise outcomes to vary materially from BIGG’s expectations embody, client sentiment in direction of BIGG’s merchandise and Blockchain know-how typically, know-how failures, competitors, and failure of counterparties to carry out their contractual obligations.
The forward-looking statements contained on this press launch are made as of the date of this press launch. Except as required by legislation, BIGG disclaims any intention and assumes no obligation to replace or revise any forward-looking statements, whether or not because of new data, future occasions or in any other case. Additionally, BIGG undertakes no obligation to touch upon the expectations of, or statements made by, third events in respect of the issues mentioned above.
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