<\/p>\n
In a recent study, conducted by the University of California
In relation to tracking who is spending which coins, there
Now, more and more companies and individuals want to know
By using special algorithms, it is now possible to associate
[Contributed by EVS Marketing]<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" In a recent study, conducted by the University of California San Diego and George Mason University, it was concluded that there is a certain amount of privacy Bitcoins offer as long as you dont cash out or spend them. This<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[38],"tags":[],"class_list":["post-4594","post","type-post","status-publish","format-standard","hentry","category-internet-fraud"],"acf":[],"_links":{"self":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/comments?post=4594"}],"version-history":[{"count":0,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4594\/revisions"}],"wp:attachment":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/media?parent=4594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/categories?post=4594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/tags?post=4594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nSan Diego and George Mason University, it was concluded that there is a certain
\namount of privacy
\nBitcoins offer<\/a> as long as you dont cash out or spend them. This really
\ncomes in to play when you have fraudsters trying to illegally spend and launder
\nmoney. The researchers found that its harder to convert Bitcoins to cash and stay
\nanonymous due to Bitcoins blockchain.<\/p>\n
\nis a public ledger that records Bitcoin transactions. Bitcoin blockchain is the
\npublic ledger that shows how coins move from one person to another. They are
\nrepresented by 34 character alphanumeric addresses. While these are numbers
\nwithout names, it still allows for some sort of tracking of users and
\ntransactions.<\/p>\n
\nwhom they are dealing with when it comes to buying or selling virtual
\ncurrency<\/a>. Using sophisticated fraud prevention
\ntools and systems<\/a> is one good way to regulate transactions.<\/p>\n
\nlarge numbers of seemly anonymous Bitcoin addresses with certain major services
\nsuch as exchanges and payment processors. Through legal orders, deposits and
\nmovement of the virtual currency can be traced back to the user allowing
\ninvestigators to reveal the people behind them. Fraud
\nprevention tools<\/a> can assist in monitoring transactions, which make it
\npossible to diminish the anonymity of Bitcoin users.<\/p>\n<\/p>\n