Canada police search repository to handle seized crypto and NFTs
The Royal Canadian Mounted Police (RCMP) seeks an answer to streamline seizing and storing cryptocurrencies and NFTs.
The answer goals to create a centralized repository that permits legislation enforcement to grab digital belongings in a extra accessible method while additionally safeguarding them from theft.
Based on the announcement on Aug. 10, the specified system should meet 17 particular necessities. Key amongst these is the aptitude to course of transactions for the highest 20 cryptocurrency blockchains by market capitalization.
Furthermore, the system have to be scalable sufficient to assist new blockchains as they emerge. An inclusive data-sharing strategy can be outlined to offer entry to licensed customers who require such info.
Concerning NFTs, the RCMP acknowledges the importance of incorporating compatibility with main NFT platforms. Consequently, the answer is predicted to assist Ethereum (ETH), Solana (SOL), and Polygon-based NFTs (MATIC), underscoring a complete strategy to asset inclusion.
The repository should additionally adhere to important safety measures corresponding to safeguarding non-public keys, safe disposal procedures, and every day automated checks. To cater to person comfort, a devoted native cellular utility for Android gadgets can be within the works.
Builders have till Sep. 21, 2023, to suggest an answer to the RCMP and SSC for a contract to work on the repository.
