Blockchain Inspector, a France-based early stage startup using artificial intelligence to fight fraud in the blockchain, has partnered with a UK bitcoin marketplace trading more than 4,000 bitcoins monthly. This will mark the first deployment of the startup’s software in a live market environment.

Blockchain Inspector’s AI-based rules engine and monitoring tools allow clients to easily translate human reasoning into rules that will be executed on the blockchain.

“Our tool can help prevent identity theft, financial fraud, money laundering and terrorist financing. Financial services, Fintech and Institutional clients will be able to comply with Know Your Customer (KYC) and Anti Money Laundering (AML) regulations regardless of how they use the blockchain” – Blockchain Inspector

Blockchain Inspector says that the partnership is a welcome opportunity to get real-time feedback on its product and demonstrate the direct benefits and value of its tools to financial services players.

“The next steps for us will be significant, we are looking for investors partners to support our international business development”, Stephane Traumat Blockchain Inspector CEO.

While the client partner has not been named in the blog post, Blockchain Inspector says that it is one of the oldest and most respected bitcoin marketplaces in the UK.

“From simple use cases to complex chains of events, Blockchain Inspector gives clients the power to quickly implement their KYC and AML obligations; and respond to their customers’ behaviour leading to improved performance”, the post read.