CipherTrace has filed patent applications for Monero transaction tracking tools
Analyst firm CipherTrace has filed two patent applications for tools for tracking transactions with the confidential cryptocurrency Monero. CipherTrace solutions are patent-pending XMR transaction analysis tools for forensic and financial investigations. The use of a statistical and probabilistic assessment method will allow identifying suspicious transactions, identifying potential wallet owners, as well as tracking the movement of XMR that have been stolen or obtained illegally. The technical details of the solution are unknown, so it is…
