Ruben de Vries - CTO, BlockTrail@rubensayshi

What is BlockTrail?

We give the world the ability to do more with Bitcoin

Developers Platform - Blockchain Data API - Wallet & Transactions API

- Block Explorer

Your Bitcoin Infrastructure Company

- Send & Receive bitcoin - Setup a bitcoin exchange - Build a bitcoin ATM Network - Create a Wallet Service - Build a Remittances Platform - Enable Merchant Payments - Build a Casino - Build a Darknet Marketplace

- And More ...

Thinks you can do with our API

How safe is it to sell drugs using bitcoin?

- Every Bitcoin transaction is stored / secured in the Blockchain

- All Blockchain data is publicly available

- Rewriting history costs billions at the current amount of mining power

The Blockchain is forever

- Every transaction sends bitcoin from one address to another address.

- An address is - a pseudo-identity - comparable in functionality to a bank account number

- You can have an infinite amount of addresses

Bitcoin is pseudo-anonymous

- Most transactions consist of more than just 1 sending and 1 receiving address

- Pattern & Cluster analysis

- Identify addresses that are the same entity

- Find one link to the real world

Every transaction leaks a bit of privacy

- Pattern analysis for AML & Fraud is nothing new!

- 3 Bitcoin startups specialising in analysis

- Coinbase actively freezing accounts

AML & Fraud

How safe is it to sell drugs using bitcoin?