The Wall Street Blockchain Alliance (WSBA), a non-profit advocacy group for blockchain technology, has announced that Canada-based developer of blockchain technology solutions Blockchain Intelligence Group (BIG) has joined the organization as its newest corporate member.  

BIG’s proprietary Blockbits, BitRank and Qlue products provide real-time search, data analytics and risk assessment for blockchain-based data and assets, such as bitcoin and other cryptocurrency transactions, providing essential tools for implementing compliance procedures and for detecting potential illegal activity.

“The WSBA is very pleased to have Blockchain Intelligence Group join the family of WSBA corporate members. With BIG’s strong suite of products and deep domain expertise, their contribution and thought leadership will be invaluable to WSBA members, as well as the wider blockchain universe”, Ron Quaranta, Chairman and Founder, WSBA stated. “Their command of complex analytics aligns well with our recently launched Blockchain Assets Working Group, and I am looking forward to some amazing scholarship in the near future.”

Last month, BIG announced that it has been accepted as a member of the Blockchain Alliance – a coalition of over 30 companies from the blockchain industry and more than 30 law enforcement and regulatory agencies around the world. More recently, the company announced the launch of QLUE version codename Deep Cove, aiming to aid the fight against financial crimes involving bitcoin.

“We are thrilled to become members of the Wall Street Blockchain Alliance. Big data analytics stands to substantially improve business conducted via blockchains and cryptocurrencies, as they become increasingly utilized within the financial community. The opportunity to work with other members and partners of the WSBA will help expedite innovation and collaboration”, Lance Morginn, CEO of BIG, added.