IMMEDIATE PRESS RELEASE

BLACTEL Launches Two-Pronged Offensive to Combat Illegal Bitcoin Transactions on the Internet

SEATTLE, Wash., October 26, 2017 – With illegal bitcoin transactions and substance abuse rates on the rise, BLACTEL has doubled down on its effort to help identify criminal activities on the internet. The technology company’s new strategy offensive, dubbed Project Blue-Alpha, consists of an educational law enforcement component, combined withextensive analysis of blockchain and deep web data. Federal, State and Local agencies will benefit through better identification of transactional characteristics, along with information to initiate and facilitate investigations.

While representing a significantly smaller percentage of the overall technology, illegal transactions pollute the bitcoin economy while inflicting pain and suffering on individuals and families.According to the National Institute on Drug Abuse, the number of deaths from prescription opiates and heroin alone has increased 3.4x and 6.0x, respectively, from 2011 to 2014. In early 2016, The Centers for Disease Control and Prevention stated “The United States is experiencing an epidemic of drug overdose deaths.” Further, “In 2014, 61% of drug overdose deaths involved some type of opioid, including heroin.”

Andrew Talbot, BLACTEL Founder and CEO, believesthe company can be an asset in reducing this trend. “The scope of the epidemic far exceeds the reach of our potential contribution,” explained Talbot. “However, we believe BLACTEL will contribute substantially on the technological front –ultimately helping to reduce substance availability while increasing the security and growth of the bitcoin economy. It’s really a win-win proposition for advocates of bothsides.“

BLACTEL’s team continues to focus on supporting a safer, more secure environment for new technologies that contribute to economic growth. The company is constantly adapting its strategy and service offerings, expanding their position as aleader in blockchain technology support to law enforcement and institutions.

About BLACTEL
Blockchain Actionable Intelligence (BLACTEL), an Internet Technology Company, provides security information and education to eliminate illegal and criminal activities exploited using the Bitcoin Blockchain and Hidden Web (TOR). The company educates, analyzes and provide services to Governments and Institutions that hinder and identify criminal activity utilizing new technology.

Contact:
BLACTEL
Taylor Westin
310-737-2844
[email protected]
Related Links
http://www.BLACTEL.com