US Law Enforcement Wants Blockchain Surveillance Tools for Privacy Coins

The U.S. Department of Homeland Security (DHS) has published its 2019 fiscal year pre-solicitation document. Throughout the 27-page letter, the organization explains that it wants to dedicate resources toward creating blockchain forensic applications that can analyze privacy-centric digital asset movements. Prior efforts have addressed bitcoin analytics and now the agency wants surveillance tools for cryptocurrencies like monero and zcash.

Also read: New Software Copernicus Has Mined Its First Bitcoin Cash Block

DHS: ‘US Law Enforcement Agencies Need Blockchain Forensic Tools for Privacy Coins’   

The DHS has submitted a proposal for its Small Business Innovation Research program, which also incorporates its Science and Technology platform. The document covers subjects like cybersecurity, communications, the Internet of Things (IoT), sensors, and blockchain technology. The DHS agency explains that Distributed Ledger Technology (DLT) will likely be leveraged for commercial and government applications in the future, but some of these blockchains allow for unfavorable methods of anonymity and transaction obfuscation.

“This proposal seeks applications of blockchain forensic analytics for newer cryptocurrencies, such as Zcash and Monero,” the solicitation letter reads.

The DHS document continues:   

Ongoing research within the field also contributes to new technological implementations and techniques that continue to multiply the