TRM Labs Introduces Transfer Labels, Revolutionizing Blockchain Investigations
SAN FRANCISCO, April 10, 2024 (GLOBE NEWSWIRE) — TRM Labs, a leader in blockchain intelligence, has announced the launch of Transfer Labels, a groundbreaking development in the world of blockchain investigations. This new technology marks the beginning of the third generation of blockchain intelligence, known as Behavioral Intelligence.
Behavioral Intelligence builds upon TRM Labs’ previous innovation, Signatures®, which identifies patterns in on-chain transactions indicative of suspicious behavior. With Transfer Labels, investigators can now gain a deeper understanding of specific transactions on the blockchain, enriching the context of the data and providing insights into the purpose of each transaction.
TRM Labs CEO Esteban Castaño stated, “Since we started working with blockchain data, our goal has been to understand and explain the actions taking place within it. Behavioral Intelligence combines detailed transaction analysis with pattern recognition to provide a clearer picture of blockchain activities. This is a significant development for blockchain investigations, offering both detailed insights and a broader understanding of on-chain events.”
The introduction of Transfer Labels will have a significant impact on various sectors, including law enforcement agencies, financial institutions, cryptocurrency businesses, and tax authorities. This technology will enable quicker detection of sophisticated obfuscation techniques, enhance due diligence capabilities, improve regulatory compliance, and more effectively detect tax evasion.
TRM Labs is now offering this cutting-edge technology to agencies and organizations interested in deepening their understanding of blockchain activities. Behavioral Intelligence represents a major step forward in the evolution of blockchain investigations, providing tools for a more nuanced analysis of blockchain data.
For more information on Behavioral Intelligence and how it can benefit your organization, please contact the TRM Labs team. Learn more about TRM Labs and their blockchain intelligence solutions at www.trmlabs.com.
Media Contact:
Laura Yungmeyer
press@trmlabs.com
Source: TRM Labs, Inc.
