1. A Tool For
Automating Cryptocurrencies Traceability
Co885: Project Research
Student : Timothee Tosi (tt230)
Supervisor: Dr. Julio Hernandez Castro
2. What is a Cryptocurrency ?
Virtual
Money
Cryptography
Algorithm
Decentralized
Network
Design
Cryptocurrency
+ + =
3. Examples of Cryptocurrencies
• First Cryptocurrency created
• Highest Exchange Rate
• Original Model for other
Cryptocurrencies
• Higher Coin Limit
• Use of GPU for Mining
• Stronger than most other
Cryptocurrencies
4. Cryptocurrency System
Transaction 1 Transaction 2
Owner 1’s
Public Key
Owner 2’s
Public Key
Hash Hash
Owner 0’s
Signature
Owner 1’s
Signature
Owner 1’s
Private Key
5. Cryptocurrencies & Illegality
In October 2013, 144,000 bitcoins
were seized by the FBI.
The Darkweb is a place where many
bitcoins users are able to spend
their money for illegal services.
6. What This Project is About
• Ensure the legality of currency unit during
a transaction.
• Provide a quick overview and
comprehensive overview of cryptocurrency
transactions, where the money goes.
7. Block Chain & Hashes
Analyze Block Chain
Modifications
Trace Money From a Single
Hash
8. Database & REST API
Save « Corrupted »
Currency Units In a Database
Available For Consultation
Provide an API for E-Market Places
and a Tool to Create
Graphic Representations of
Transactions
9. References
• Bitcoin Block Explorer. 2015. Home - Bitcoin Block Explorer.
[ONLINE] Available at: https://blockexplorer.com/. [Accessed 24 March 2015].
• Blockchain.info. 2015. Bitcoin block Explorer - Blockchain.info.
[ONLINE] Available at: https://blockchain.info. [Accessed 24 March 2015].
• CoinTelegraph . 2015. Crypto-Currency Market Capitalizations .
[ONLINE] Available at: http://coinmarketcap.com/. [Accessed 24 March 2015].
• Greenberg, A., 2015. FBI Says It's Seized $28.5 Million In Bitcoins From Ross Ulbricht, Alleged Owner Of Silk Road - Forbes.
[ONLINE] Available at: http://www.forbes.com/sites/andygreenberg/2013/10/25/fbi-says-its-seized-20-million-in-bitcoins-from-ross-ulbricht-alleged-owner-of-silk-road/.
[Accessed 24 March 2015].
• Litecoin. 2015. Open source P2P digital currency. [ONLINE] Available at: https://litecoin.org/. [Accessed 24 March 2015].
• Nakamoto, S., 2015. Bitcoin: A Peer-to-Peer Electronic Cash System.
[ONLINE] Available at: https://bitcoin.org/bitcoin.pdf. [Accessed 24 March 2015].
