The Blockchain can identify criminals

As reported by Bloomberg in an article by Camila Russo, in 2013 about 90% of Bitcoin transactions were linked to illegal activities. Today the percentage has fallen to 10%, showing that a lot of movements come from financial investors. The news agency interviewed Lilita Infante of the US Enforcement Administration.
Criminals continue to use cryptocurrencies for their activities, but FinTech is a double-edged sword. Thanks to the Blockchain, law enforcement agencies are able to track transactions. “The blockchain actually gives us a lot of tools to be able to identify people,’’ she said. “I actually want them to keep using them.’’