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The Brazilian government is seeking software solutions to monitor Crypto Assets transactions.
Gate News bot reports that according to Bitcoin com, Brazilian authorities are seeking a software solution to track the location and movement of various crypto assets projects nationwide. The proposal aims to enhance Brazil’s ability to combat crypto asset-related crimes.
The Brazilian Ministry of Justice and Public Security has released a contract announcement aimed at seeking a solution to better detect and track multiple Crypto Assets projects and their trends over the next 36 months.
The announcement pointed out that its goal is to “sign blockchain-based software contracts for locating, tracking, and analyzing Crypto Assets transactions to meet the needs of the National Public Security Secretariat and other participating agencies.”
The public contract will begin accepting proposals on July 4th next year and clearly states that these solutions will be promoted in specific cities in Brazil, including 15 of the federal capitals among the 27 states of Brazil.
The software must be able to provide the data required for encrypted transactions across different chains, including Bitcoin, Bitcoin Cash, Dash, Dogecoin, Ethereum, Ethereum Classic, Litecoin, Solana, Tron, Ripple, Polygon, and Avalanche.