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Title: Is it possible to know the transactions in Bitcoin taking place in a country. Post by: kamlesh819 on February 03, 2018, 07:47:25 AM Is it possible to know the transactions in Bitcoin taking place in a particular country.
Title: Re: Is it possible to know the transactions in Bitcoin taking place in a country. Post by: ranochigo on February 03, 2018, 07:53:30 AM Not possible. Bitcoin transactions do not have IP addresses tagged on them. The IP address that you see on Blockchain.info is the IP of the node for which the transaction is first seen by Blockchain.info. This could be accurate if the node was directly connected to Blockchain.info but the probability of it not being the origin is even higher.
Bitcoin works in a way such that transactions are bounced off and relayed by nodes on the network and it is nearly impossible to trace the origin. Title: Re: Is it possible to know the transactions in Bitcoin taking place in a country. Post by: kamlesh819 on February 03, 2018, 08:04:49 AM Not possible. Bitcoin transactions do not have IP addresses tagged on them. The IP address that you see on Blockchain.info is the IP of the node for which the transaction is first seen by Blockchain.info. This could be accurate if the node was directly connected to Blockchain.info but the probability of it not being the origin is even higher. Bitcoin works in a way such that transactions are bounced off and relayed by nodes on the network and it is nearly impossible to trace the origin. Thank you. I am in the Enforcement to protect my country against illegal drug. We have made seizures. Our concern is people using Bitcoin to launder money. What are the necessary steps we may undertake to try identify people laundering money in my country. Title: Re: Is it possible to know the transactions in Bitcoin taking place in a country. Post by: ranochigo on February 03, 2018, 08:07:09 AM I am in the Enforcement to protect my country against illegal drug. We have made seizures. Our concern is people using Bitcoin to launder money. What are the necessary steps we may undertake to try identify people laundering money in my country. Nothing technical. It's simply impossible for you to try to filter out every single transaction in the network for such activities because there isn't any tell-tale signs.The only thing you can do is for you to regulate exchange and have them implement AML/KYC policy. Title: Re: Is it possible to know the transactions in Bitcoin taking place in a country. Post by: kamlesh819 on February 03, 2018, 08:13:56 AM Thank you.
Title: Re: Is it possible to know the transactions in Bitcoin taking place in a country. Post by: LoyceV on February 03, 2018, 08:16:29 AM I am in the Enforcement to protect my country against illegal drug. We have made seizures. Our concern is people using Bitcoin to launder money. What are the necessary steps we may undertake to try identify people laundering money in my country. Are you asking on a forum how to do your job?Title: Re: Is it possible to know the transactions in Bitcoin taking place in a country. Post by: DannyHamilton on February 03, 2018, 04:03:14 PM I am in the Enforcement to protect my country against illegal drug. We have made seizures. Our concern is people using Bitcoin to launder money. What are the necessary steps we may undertake to try identify people laundering money in my country. I suggest you hire a competent professional that understands the technology and can assist you with the software and services that will allow you effectively investigate bitcoin transactions. I'm happy to help out if you can afford to pay me consulting fee. Contact me if you'd like my assistance. |