Bitfury Group Brings Crystal Blockchain to India with HumanSTAR*

by the Crystal communications team

Jul 07, 2020

The Bitfury Group announced that it has partnered with India's Strategic Advisory Firm HumanSTAR* to deploy Bitfury's Crystal analytics platform across Indian Law Enforcement Agencies, Forensics Labs and Financial Institutions.

"We at Crystal analytics are proud to partner with HumanSTAR* as they work to improve the cryptocurrency compliance standard for India's Financial institutions & Law Enforcement." - Marina Khaustova, CEO of Crystal Blockchain.

HumanSTAR* has been working relentlessly with Global Agencies, Indian Law Enforcement & Financial Institutions to understand the state of India's readiness in dealing with Blockchain enabled Cryptocurrency issues, including crimes. Over the last 18 months we have successfully organized a specialized team to analyze transactions on the public blockchain, especially with the impending scams that various State Police and Central Agencies are struggling to deal with in high end Crypto Forensics. Our partnership with Crystal analytics opens doors for cooperation with agencies, for increased transparency & security of transacting of cryptocurrencies. We aim to strengthen our Crypto Forensics & Investigative Practice by furthering our initial discussions with Indian Law Enforcement Agencies & Forensics Labs. Large strides have been made recently via our partnership with Begin India Think Tank & executing their successful closed-door event attended by key leadership of Investigative Agencies, Forensics Labs at UN Headquarters India. United Nations Technology Innovation Labs partnered with us, chaired by Dr. Subramanian Swamy, Member of Parliament, BJP & globally noted Economist.

Mohammad Shahabuddin, CEO of HumanSTAR*, said, "Technology has pushed the boundaries & critical importance of transaction analysis platforms by exponential commercialization of blockchain and cryptocurrency adoption. HumanSTAR* is committed to providing Indian Law Enforcement Agencies and Financial Institutions, with the first forensic tool available in India, to counter the increasing case of Crypto Crimes through the identification of illicit and illegal transactions."

The key issues in the current global financial system include providing a fair-trading environment, keeping user data, assets & privacy secured, and adhering to global anti-money laundering (AML) and counter-terrorism funding (CTF) guidelines. HumanSTAR* takes these issues very seriously and will create various blockchain forensic tools for a safe investment environment & help investigators in arresting money laundering via abuse of cryptocurrency.

About Crystal Blockchain

Crystal is the all-in-one blockchain analytics platform, providing a comprehensive view of the public blockchain ecosystem. Crystal is available as a SaaS, API, or as an on-premise installation. Crystal is engineered by the Bitfury Group, the world's leading emerging technologies company.

Facebook: https://web.facebook.com/CrystalBlockchainAnalytics/

Twitter: https://twitter.com/CrystalPlatform

LinkedIn: https://www.linkedin.com/company/crystal-blockchain-analytics/

About Bitfury

The Bitfury Group is the world’s leading emerging technologies company. Bitfury™ is building solutions for the future, with the most significant technologies of the millennium. Founded in 2011, our mission is to make the world more trusted and secure by innovating at every level of technology — hardware and software — to put trust back into the equation. Bitfury’s portfolio focuses on solutions for artificial intelligence, blockchain technology and digital currencies. Bitfury is the leading security and infrastructure provider for the Bitcoin Blockchain. In addition to securing the Bitcoin Blockchain, Bitfury also designs and produces innovative hardware that keeps cryptocurrencies and blockchains secure, including custom semiconductor chips and mobile data centers. Bitfury is also a software provider for some of the world’s most cutting-edge applications through its Exonum™ private blockchain framework, its Crystal™ Blockchain advanced analytics platform and its Peach™ bitcoin payments portfolio. Bitfury Surround™, the company’s music entertainment division, is designing blockchain solutions to address challenges faced by artists and other stakeholders in the music industry.

To learn more, visit www.bitfury.com.

About HumanSTAR*

HumanSTAR* is a Strategic Advisory firm that enables / assists in Policy Initiatives, Government Organization and Multi-National Companies build large scale, resilient, long-term solutions via Innovative Technology adoption. The company management has dense experience in preparing capacity and capability strategy for Industry Bodies, Government Agencies, Law Enforcement Agencies and VASP (Virtual Asset Service Providers) for Governments, Business Associations. Internalized skill sets also extend to providing Strategic Analytics to Global Organizations such as the World Bank & working in close coordination with the UN, in fast-moving new technology areas with an emphasis on Blockchain, AI & ML domains. Being strategically positioned, we provide unique leverage to large financial institutions / exchanges to mitigate the risk of money laundering and flight of capital. HumanStar also provides market entry strategy for global technology firms and technology investors for the Indian market. Founded by a globally respected & experienced IT industry veteran, supported by ICT advisors and technocrats, who have successfully leveraged technology to create jobs and attract technology investment in transitioning economies.

Bitfury Group Media Contact

Rachel Pipan

rachel.pipan@bitfury.com

HumanSTAR* Media Contact

Rashmi Mehta

info@humanstar.in

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