DMG Blockchain Solutions secures patent for Cryptographic Taint Tracking to combat money laundering.

From GlobeNewswire: 2024-12-23 20:59:21

DMG Blockchain Solutions Inc. has been issued a US Patent for Cryptographic Taint Tracking, which helps detect and track tainted wallets to combat money laundering and fraud. This patent enhances Blockseer’s wallet risk scoring method for real-time identification of wallets linked to nefarious activities. DMG CEO, Sheldon Bennett, highlighted the importance of this technology in enhancing blockchain safety and compliance. Additionally, DMG has granted stock options and RSUs to employees and directors. Systemic Trust Company Ltd. and Terra Pool are key elements in DMG’s carbon neutral Bitcoin ecosystem, offering custody services and carbon neutral Bitcoin mining.



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