The Ministry for Digital Transformation of Ukraine, a major government authority behind local crypto regulation, will be implementing Bitfury’s crypto analytics tool to track crypto transactions. As officially announced on July 23, the Ministry has signed an agreement with Birfury’s crypto compliance product known as Crystal. Bitfury’s Crystal to provide crypto analytics expertise to the Ukraininan government Launched by Bitfury in early 2018, Crystal is a software stack that is designed to fight crimes involving cryptocurrencies like Bitcoin (BTC). Crystal employees will now provide the Ministry with crypto analytics expertise, Crystal elaborated on its website. The executives at the Ministry …

With the growing buzz around the Blockchain technology, we have gathered predictions of experts from different branches of the industry, on its future evolution and prospects going forward. Blockchain and Bitcoin have become mutually inseparable, however Blockchain is much more than just a collection of records for a cryptocurrency. A Blockchain is at its core a ledger of records, which is distributed across different parties. It can only be updated with the consensus of the majority of the participants it is shared with and is inerasable. The beauty of the Blockchain is that its applications go beyond cryptocurrency transactions. 2015 …