Inca Digital Teams Up with DARPA to Analyze Digital Assets and National Security

Understanding the Contract

Inca Digital is diving into the murky waters of digital assets, as they’ve inked a deal with the Defense Advanced Research Projects Agency (DARPA). This contract, lasting a year, will see them investigate the implications of digital financial assets on national security. Spoiler alert: Blockchain isn’t just for hipsters anymore!

The Project Unveiled

Named “Mapping the Impact of Digital Financial Assets,” this project aims to create a comprehensive cryptocurrency ecosystem mapping tool. Think of it as a GPS for the digital money world, designed to help both the U.S. government and commercial businesses navigate the labyrinth of cryptocurrencies.

Key Objectives

• Identify and analyze potential money laundering activities.
• Spot sanctions evasions that could be happening under the radar.
• Uncover the interactions between traditional finance and the burgeoning world of digital assets.
• Track the flow of money into and out of blockchain systems.

Words from the Leaders

Inca Digital’s CEO, Adam Zarazinsky, expressed the pressing need for enhanced tools within the Department of Defense and federal agencies. He emphasized that understanding how digital assets function is key to effective global jurisdictional enforcement.

An Eye on Privacy

Mark Flood, a program manager at DARPA, assured that, “DARPA is not engaged in surveillance. I’ll emphasize that we are careful in this research that we do not get involved in personally identifiable information.”

A Look Back: DARPA’s Blockchain Interests

Interestingly, this isn’t DARPA’s first tango with blockchain tech. They have been exploring this digital frontier for years, not just for security implications but also considering how it might serve their operational needs. For instance, back in June, they partnered with a tech firm to analyze blockchain’s degree of decentralization and identify vulnerabilities.

About Inca Digital

Founded in 2009 by former Interpol analysts, Inca Digital has established itself as a leading force in the digital asset analytics sector. They developed the Nakamoto Terminal, a tool adopted by the U.S. Commodity Futures Trading Commission for market surveillance. With the backing of a Phase II Small Business Innovation Research award, this new endeavor solidifies their place in national security and blockchain analysis.