Heard about MatrixVision?

[BTCIndia]

http://matrixvision.eu/


Can someone explain us what kind of services Matrix Vision provides?

[Benson Samuel]

http://matrixvision.eu/


Can someone explain us what kind of services Matrix Vision provides?

They look good. Nice Team as well, but not sure if their services can be used in India.

[BTCIndia]

http://matrixvision.eu/


Can someone explain us what kind of services Matrix Vision provides?

They look good. Nice Team as well, but not sure if their services can be used in India.

But what kind of services? Moderator sir, can you explain in detail to this layman in simple terms?

[Benson Samuel]

http://matrixvision.eu/


Can someone explain us what kind of services Matrix Vision provides?

They look good. Nice Team as well, but not sure if their services can be used in India.

But what kind of services? Moderator sir, can you explain in detail to this layman in simple terms?

They seem to be blockchain investigators who help banks identify where funds are coming from.
Still not very clear about it, but reading through their terms, etc shows that.

[subvolatil]

http://matrixvision.eu/


Can someone explain us what kind of services Matrix Vision provides?

They look good. Nice Team as well, but not sure if their services can be used in India.

But what kind of services? Moderator sir, can you explain in detail to this layman in simple terms?

They seem to be blockchain investigators who help banks identify where funds are coming from.
Still not very clear about it, but reading through their terms, etc shows that.

They are  investigators, they  use various  analysis techniques to provide analysis of  bitcoin transaction. and  from the looks of it  also  use OSINT to  track down  transaction owners. looks  good if you are a government  agency  or  a  person  who's bitcoin got  robbed.   

[dishwara]

It seems they are payment processors.

Bitcoin Exchanges are under increasing regulatory scrutiny. MatrixVision eases this pinch-point by helping exchanges integrate with the traditional banking system through ensuring compliance with relevant laws and regulations.
From a Bitcoin user perspective, this means that you’re able to fund your exchange account from your regular bank without worrying that a regulator will crack down and take your hard earned cash. Likewise, you’ll be able to receive funds into your bank account from the exchange without worry.

[Benson Samuel]

Tweeted the thread URL to Jonathan Waller, the Lead Dev.

Hopefully, he will answer.

[marcoski711]

Thanks for tweet Benson. I'm Marco, CEO of MatrixVision.
We are a Bitcoin-side compliance service.  What that means is that for companies that need compliance (eg exchanges, investment funds, payment processors, bitcoin ATMs etc) - a) they already have services to monitor FIAT-side transactions, often indirectly via their bank or PSP and b) we perform an analagous service for Bitcoin-side transactions.

We're not payment processors nor investigators. We monitor transaction behaviour, flag potentially susupicious transactions, and the exchange, ATM etc takes investigations from there. 'potentially suspicious' means preventing the proceeds of crime from flowing back into the banking system. That is, preventing money-laundering - it's not about detecting crime itself but having controls for AML (anti-money laundering) so that the exchange/ATM/bitcoin business etc is allowed to operate.  I wrote a post about this on reddit.
http://www.reddit.com/r/Bitcoin/comments/1qw0so/matrixvision_v_coinvalidation_why_we_have_to/

Yes to suitability for India - we're worldwide with the service tailored to the regulatory requirements of each jurisdiction.

Hope that helps

[dishwara]

Nice service.

[subvolatil]

Thanks for tweet Benson. I'm Marco, CEO of MatrixVision.
We are a Bitcoin-side compliance service.  What that means is that for companies that need compliance (eg exchanges, investment funds, payment processors, bitcoin ATMs etc) - a) they already have services to monitor FIAT-side transactions, often indirectly via their bank or PSP and b) we perform an analagous service for Bitcoin-side transactions.

We're not payment processors nor investigators. We monitor transaction behaviour, flag potentially susupicious transactions, and the exchange, ATM etc takes investigations from there. 'potentially suspicious' means preventing the proceeds of crime from flowing back into the banking system. That is, preventing money-laundering - it's not about detecting crime itself but having controls for AML (anti-money laundering) so that the exchange/ATM/bitcoin business etc is allowed to operate.  I wrote a post about this on reddit.
http://www.reddit.com/r/Bitcoin/comments/1qw0so/matrixvision_v_coinvalidation_why_we_have_to/

Yes to suitability for India - we're worldwide with the service tailored to the regulatory requirements of each jurisdiction.

Hope that helps

I bet you  guys are  using  some  real killer  algo, to shift through all the  transaction. Love to know how you  do that. or better yet how  can i get involved doing this. 

[anirgu]

this is a great service