Pentagon signs contract with Inca Digital for security-focused digital asset mapping tool
Creator of Nakamoto's terminal will help government and businesses understand the interplay of traditional and digital financial systems and track money in and out of blockchains.
New
Digital asset data analytics firm Inca Digital will study the implications of digital assets for national security under a one-year contract with the Defense Advanced Research Projects Agency (DARPA), announced the company on Friday. DARPA is the R&D arm of the United States Department of Defense.
Inca Digital will be working on a project called "Mapping the Impact of Digital Financial Assets", which will aim to create a "cryptocurrency ecosystem mapping tool" to provide information to the US government and commercial enterprises.
In addition to examining possible money laundering and sanctions evasion, the project will contribute to understanding the interactions between traditional and digital financial systems, the flow of money in and out of blockchain systems and other uses of cryptocurrency in areas of concern to the US government. Inca Digital CEO Adam Zarazinsky said in the announcement:
“The Department of Defense and other federal agencies need better tools to understand how digital assets work and how to leverage their jurisdictional authority in digital asset markets globally.”
DARPA program manager Mark Flood told The Washington Post, "DARPA is not engaged in surveillance. I will emphasize that we are careful in this research not to engage with personally identifiable information. »
Related: Simba Chain Wins Another US Department of Defense Contract
DARPA
Creator of Nakamoto's terminal will help government and businesses understand the interplay of traditional and digital financial systems and track money in and out of blockchains.
New
Digital asset data analytics firm Inca Digital will study the implications of digital assets for national security under a one-year contract with the Defense Advanced Research Projects Agency (DARPA), announced the company on Friday. DARPA is the R&D arm of the United States Department of Defense.
Inca Digital will be working on a project called "Mapping the Impact of Digital Financial Assets", which will aim to create a "cryptocurrency ecosystem mapping tool" to provide information to the US government and commercial enterprises.
In addition to examining possible money laundering and sanctions evasion, the project will contribute to understanding the interactions between traditional and digital financial systems, the flow of money in and out of blockchain systems and other uses of cryptocurrency in areas of concern to the US government. Inca Digital CEO Adam Zarazinsky said in the announcement:
“The Department of Defense and other federal agencies need better tools to understand how digital assets work and how to leverage their jurisdictional authority in digital asset markets globally.”
DARPA program manager Mark Flood told The Washington Post, "DARPA is not engaged in surveillance. I will emphasize that we are careful in this research not to engage with personally identifiable information. »
Related: Simba Chain Wins Another US Department of Defense Contract
DARPA
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