Investigation of money laundering methods through cryptocurrencysteemCreated with Sketch.

in #bitcoin7 years ago

Summary

The main issue of this work is to search of suspicious operations that were made with the use of cryptocurrency. The set tasks: creation of a database from received information; visualization of received results; analysis and conclusions of received results. The object of the research is money laundering and financing terrorism by means of cryptocurrency. Nowadays it is an actual term for research as for countries cryptocurrency is a new way of payments and each country decides differently how to deal with it. But new technologies provide us new possibilities in our live (especially in anonymous transactions as payments for goods and other purposes) and of course they can be used in illegal activity such as money laundering and financing of terrorism. Besides anonymity is one of the main features of cryptocurrency that helps to hide the source of income. This is the problem for countries because they have to combat such a threat as money laundering and financing of terrorism. So it is natural to find out ways of searching suspicious operations that can be directed to money laundering and financing of terrorism.

Sat, D. M., Krylov, G. O., Evgenyevich, K., Kasatkin, A. B., & Kornev, I. A. (2016). Investigation of money laundering methods through cryptocurrency. Journal of Theoretical and Applied Information Technology, 83(2), 244.

Click here to read the Study for Free:
http://www.jatit.org/volumes/Vol83No2/11Vol83No2.pdf&ved=0ahUKEwjyn77fxubVAhUHyyYKHXUiC7UQFgglMAA&usg=AFQjCNEfgcpuWY88GX3wNaAKyGh9GOEGUQ


MayJune-crypto-currency.jpg



Four times a week I post a research study covering a wide range of topics but will mostly be related to current news around the world. The thing about the research I'm posting is that I'm not going to give you an opinion or tell you what the study says in my own words, instead I'm simply going to give you access to the full research study.

I think that giving someone the original source of the research information is more valuable than trying to simplify it which could compromise the intended explanation of the information. Also in every study there is already a discussion that explains the results and the possible implications so you can simply just read it for your self.

If you enjoyed this post please like ✔ resteem ♻ and alt text
Sort:  

Great content a friend of mine and I were talking about this today.

great content! and thanks again for following!

interesting post!

Thanks my friend for this useful definition
It really was useful to me
Second thanks

Coin Marketplace

STEEM 0.36
TRX 0.12
JST 0.040
BTC 70839.13
ETH 3563.41
USDT 1.00
SBD 4.77