Coinpath

Bitquery Coinpath is a blockchain money tracing solution provided by Bitquery Inc. The product utilizes a sophisticated mathematical algorithm to enable users to perform complex calculations between blockchain addresses. It offers insights into the source, destination, and participants associated with transactions, making it valuable for compliance professionals, investigators, blockchain analysts, financial institutions, and cryptocurrency exchanges.

Key Features

According to the vendor, Bitquery Coinpath offers the following features:

Cross Chain Tracking: Users can trace the flow of money across different blockchains, allowing for comprehensive analysis of transactions and connections between addresses.

Annotations & Labels: Coinpath APIs allow users to add annotations and labels to addresses, transactions, and other relevant data, enhancing comprehension and organization.

Get the source & destination of funds: The product enables users to identify the source and destination of funds in blockchain transactions, facilitating the detection of suspicious or fraudulent activities.

Ideal for Building crypto compliance, investigation, and blockchain monitoring software: Coinpath is designed for the development of systems to ensure regulatory compliance, detect fraud, and conduct investigations.

Outbound from a Bitcoin address: Users can track and analyze outbound transactions from specific Bitcoin addresses, gaining visibility into the destinations of funds.

Inbound from a Bitcoin address: Coinpath enables users to trace and analyze inbound transactions to specific Bitcoin addresses, providing insights into the origin and flow of money.

Connection between two addresses: The product allows users to establish connections between different addresses on the blockchain, providing a comprehensive understanding of the money flow.

Transaction monitoring & detection: Coinpath APIs can be used to develop a risk assessment system for monitoring transactions and detecting fraudulent deposits and withdrawals.

Crypto forensic & digital asset tracking: Coinpath supports real-time monitoring of wallets and provides data for crypto forensic analysis and digital asset tracking, enhancing the ability to detect and investigate illicit activities.

Know your VASP service: Coinpath can be utilized to monitor all deposits and withdrawals made by Virtual Asset Service Providers (VASPs), ensuring compliance with regulatory requirements and mitigating the risk of involvement in illicit activities.