Singapore, April 5, 2019 – Sentinel Protocol announces the launch of a new product, the Crypto Analysis Transaction Visualization (CATV) tool. This tool, available within the Sentinel Portal, tracks funds traversing through the blockchain space, including stolen cryptocurrencies. CATV provides a flow visualization and proprietary algorithm that utilizes Sentinel Protocol’s Threat Reputation Database (TRDB) to flag crypto addresses engaged in malicious behavior.
After entering a specific wallet address, CATV displays a visualization graph showing where that wallet receives its cryptos from, where it sends them to, and provides a list of transactions used to create flow visualizations that can be further analyzed.
For centralized exchanges and decentralized exchanges dealing with cryptocurrencies, the CATV tool prevents transactions with suspected cybercriminals by showing TRDB-verified whitelists of safe addresses and blacklists of suspicious addresses associated with scams and phishing attacks. Organizations will be able to prevent money laundering and terrorist financing with the help of this tracking tool as well as saving valuable time during investigations into these crimes.
Key capabilities of the Crypto Analysis Transaction Visualization (CATV) tool include:
Scalability - accepts increased volume without impacting presentation.
Security - features top technical protection while providing secure access.
User experience – displays a holistic view of tracking transactions with centralized checklists and automated management processes.
Availability - offers continuous availability throughout the platform.
“Since the inception of blockchain technology, cryptocurrency transactions have been seen as an obscure method of moving money, creating a negative perception about the underlying technology. Blockchain technology is revolutionary but it can’t scale without cybersecurity. CATV tool enables not only end users to visually comprehend the flow of their crypto assets, but also gives businesses and organizations access to a visually crowdsourced transaction stream. The CATV is the ultimate tool to investigate hacks, money laundering, and terrorist financing. Such innovative cybersecurity solutions are paving the road towards true decentralization,” said Nobel Tan, Chief Technology Officer of Sentinel Protocol.
The TRDB collects threat data from distributed sources—including public communities, cryptocurrency exchanges, wallet services, payment providers, and cybersecurity organizations. The TRDB disseminates confirmed security intelligence data throughout our ecosystem of partners, organizations, and individual users.
Starting today, Sentinel Protocol is releasing the CATV tool to 1,000 beta users. Register here: https://portal.sentinelprotocol.io/signup
About Sentinel Protocol
Sentinel Protocol is the world’s first crowd-sourced threat intelligence platform utilizing the advantages of decentralization to protect cyberspace with blockchain security. It aims to equip individuals and organizations with cybersecurity solutions that help protect their valuable cryptocurrency assets from malicious threats, attacks, and fraudulent transactions. Sentinel Protocol is headquartered in Singapore and has offices in Seoul, South Korea and Tokyo, Japan. Follow Sentinel Protocol on Telegram, LinkedIn, Twitter, Facebook and Medium.