Virtual currency is an anonymous encrypted digital currency identified by a wallet address. Tracking virtual currency and wallet addresses can be carried out through blockchain analysis, address correlation, address clustering and anti-money laundering tools, helping to combat financial crime, recover illicit proceeds, combat terrorism Finanzierung and improve market transparency.
Virtual currency and wallet address traceability
What is virtual currency?
Virtual currency is an encrypted digital currency that usually runs on a decentralized network and is not controlled by governments or financial institutions. It is secured through cryptography, allowing anonymous transactions.
What is a wallet address?
A wallet address is a unique identifier associated with virtual currency transactions. It is a string of alphanumeric characters, usually arranged in a specific format specific to the virtual currency being used. Wallet addresses are used to store, receive and send virtual currency.
How to track virtual currency and wallet address?
Tracking virtual currencies and wallet addresses involves the following technologies:
The significance of tracking virtual currency and wallet addresses
Tracking virtual currency and wallet addresses is critical to law enforcement and fighting crime because it helps:
The above is the detailed content of Virtual currency and wallet address traceability. For more information, please follow other related articles on the PHP Chinese website!