This use case actively utilizes Crystal's Risk Score and Entity Name features.
Crystal provides real-time Risk Score (RS) estimation for owners of crypto-wallets. It is an objective, math-calculated value that indicates an Entity's relation to known 'bad actors' (i.e. darknet marketplaces) VS trusted blockchain participants (i.e. exchange services with proven KYC procedures).
The Crystal database contains more than 20 million wallet addresses owned by more than 30,000 entities.
A client might have received an unsolicited transaction from an untrusted entity, increasing his own risk value unnecessarily.
Or, a client might have conducted the transaction via several nodes (wallets) to conceal the funds' connection to a suspicious origin (ML-case). In this case, the RS value may be lower than 70%, but it still holds suspicious funds. With Crystal's Visualization and Tracking tools you will be able to see the entire history of all transactions and addresses involved. You can save the Visualization, share it with your colleagues, or export it as an external file for other investigations
Crystal provides new possibilities for your KYC procedures to comply with the regulative requirements, which include consideration of cryptocurrency ownership.
You can use Crystal API for automated cryptocurrency ownership check.
As of October 2018 (v.1.6.0):
As of February 2018 (first release):
In some scenarios, having blockchain information integrated into analytical tools produces the most efficient results.
For this, Crystal API product offers a simple programming interface that supplies cryptocurrency analytics as blocks of data for integration into your adopted tools.
Crystal team provides support services to facilitate the integration of Crystal API into your analytical tools.
For more information on the Crystal API and an estimation of your integration project please contact us at: