On January 21, the Annual Conference of Huaxia Institutional Investors and the 15th Golden Cicada Award Ceremony sponsored by Huaxia Times were held in Beijing. At the award ceremony, Aibei Chain, a rising star enterprise focusing on blockchain security products, won the "Annual Outstanding Contribution Award for Scientific and Technological Innovation".
The reporter learned that in 2021, Aibei Chain cooperated with the police to successfully control the assets involved in a number of cases involving virtual currency with its independently developed blockchain security products, and the innovative technology project jointly declared by the Guangzhou Public Security Bureau was supported by the Key Laboratory of Information Network Security of the Ministry of Public Security, which is one of the important reasons for being awarded the "Annual Outstanding Contribution Award for Scientific and Technological Innovation".
In an exclusive interview with the Reporter of China Times, Ye Xin, CEO of Aibei Chain, said that as a startup company committed to blockchain technology and security innovation services, winning the Outstanding Contribution Award for Scientific and Technological Innovation is a strong affirmation by the industry and the media for the development of Aibei Chain in the field of digital assets. Aibei Chain Will continue to deepen its cultivation in the field of technology, and continuously promote the healthy and sustainable development of the blockchain industry through the research and application of blockchain technology in the fields of finance, government and enterprises.
Assisted the police in the asset control of a number of "currency-related" cases
In July 2021, police in Guangdong Province cracked a case of illegal data trading. During the investigation, the police found that the criminal suspect concealed illegal assets obtained in the form of virtual currency, and because the virtual currency-related cases involved technology and strong concealment, the traditional methods of sealing, seizing, freezing and other traditional methods of handling the assets involved in the case could not be applied.
How to deal with the virtual currency assets involved in the case as soon as possible and compliance has become a major key to promoting the closure of the case.
Ye Xin introduced to this reporter that the public security organs are facing two problems in handling the control of the virtual assets involved in the case, one is that because the virtual currency does not have monetary attributes and legally compensatory value, the public security organs in handling such new criminal cases, when it is verified that the assets involved in the case have been converted from legal tender to virtual currency, it is often difficult to apply to the conventional process of "seizure and freezing" of the assets involved in the case; second, whether it is directly operated by the case-handling personnel, Whether to transfer part of the initiative in the disposal of the virtual assets involved in the case to the criminal suspect or the technical support company, there is always an asset risk.
In the process of handling the case, Aibei Chain moved with the self-developed virtual asset collection and control system scheme, practiced the legislative concept of "mutual supervision of law enforcement personnel", and assisted the police to successfully complete the withdrawal of the virtual currency involved in the case at the stage of asset seizure.
"Our plan is to generate exclusive wallets to seize assets for cases, and multiple assets involved in the same case can be independently seized and managed in stages." In the process of asset sequestration, the private key of the assets involved in the case is stored in the special physical equipment for anti-intrusion of the program for offline cold storage. In the process of asset transfer, multiple authorizations are designed, and private keys are sharded and held by multiple people to avoid single-point risks. Ye Xin introduced.
Xizhi system is a high-security software and hardware integration system that relies on autonomy and controllability, including the virtual currency forensic and control integrated machine, management shield and forensic and control system involved in the case. The reporter's on-site experience found that the all-in-one machine is a specially tailored encryption machine for the control of the virtual currency involved in the case, which supports strong risk control review; it is a special management shield issued by law enforcement personnel for two-factor identity authentication, operation authorization and physical confirmation of key transaction elements when the assets are transferred, which is quite convenient and easy to use.
Ye Xin said: "The purpose of research and development is to help law enforcement personnel to carry out the control, preservation, transfer and disposal of the virtual currency involved in the case in a legal, safe and compliant manner. Avoid the virtual currency held by the suspect and get out of control due to its arrest, and better realize the thorough investigation and recovery of criminal assets. ”
The reporter learned that as a core technology program, Xizhi has also become the latest project jointly declared by Aibei Chain And the Network Police Detachment of the Guangzhou Municipal Public Security Bureau, and according to the 2021 annual open topic guide declaration issued by the Key Laboratory of Information Network Security of the Ministry of Public Security, it has received funding support for the key topics of Class A in the direction of virtual currency control involved in the case, and jointly faces the actual combat needs of public security frontline business, and explores the formation of key technology research and development and equipment development that support the actual work of public security.
In addition, in a "gambling-related fraud case" collected by the police in Shangrao Guangxin District in early 2022, Aibei Chain, as a technical co-investigator, cooperated with the tracking of the virtual currency recharge address reserved by the gambling platform through its anti-money laundering and on-chain fund traceability technology, assisted in the on-site search of virtual currency hardware wallets and other related items, and provided a complete set of services for tracing the virtual wallet address involved in the case after the case.
The "Security Guard" of Blockchain Ecology
As a security technology enterprise in the blockchain ecosystem, Aibei Chain Has released the value of blockchain technology and empowered scenarios to land scenarios such as Rhinoceros, which is independently developed by Digital Identity and Digital Asset Credential Security Depository Scheme, Rhinoceros, The Identification of Virtual Assets Involved in the Case, and Digital Asset Anti-Money Laundering and Fund Traceability Tools.
"With 'rhinoceros' as the core naming product, the main idea is still around safety, Abei is a company that does safety products." Rhinos mean safe and not easy to attack. Rhino horn is sensitive, so in ancient times rhino horn was called 'spirit rhinoceros'. Ye Xin introduced.
As an important part of the blockchain ecosystem, the healthy development of blockchain is of great significance. In 2018, virtual currency gradually entered the vision of traditional giant enterprises and the public, and Ye Xin, who has rich experience in the field of security technology, also took a fancy to this track. Compared with the hype in the industry, Ye Xin chose low-key research and development products and solidly entered the field of blockchain security.
Ye Xin introduced: "I and the company's core team have been working in the field of data security for more than ten years. Secondly, blockchain is the current cutting-edge technology direction, and the development of technology is accompanied by how to solve the security problem, Aibei chain has chosen to take root in the blockchain security services and technical applications, hoping to deeply participate in the wave of industry development. As a security product and technology service company in the field of blockchain, Aibei Chain Hopes to promote the healthy and sustainable development of the blockchain industry through the research and application of blockchain technology in the fields of finance, government and enterprises. ”
The scale of the blockchain market continues to expand, providing a broad space for the development of Aibei Chain. It is understood that the 2021 Global Blockchain Market Report predicts that the size of the blockchain market is expected to grow from $4.9 billion in 2021 to $67.4 billion in 2026, and the main drivers driving the rapid growth of the blockchain market include investment in blockchain technology and the widespread use of blockchain solutions in banking and cybersecurity. In terms of compliance custody of digital assets, Aibei Chain Relies on its blockchain innovation technology capabilities, relies on financial security-level trusted hardware, and also provides safe and efficient services for licensed compliant financial institutions around the world, and jointly ensures the safe and compliant development of enterprise digital asset service platforms from the technical dimension.
Source: Research and Marketing
After early accumulation and continuous focus on research and development, Aibei Chain Has rich landing results in 2021. For the development of the blockchain security ecosystem, Ye Xin said: "At present, the entire blockchain industry is still in the early stage of growth in the industry development cycle, and we hope that more colleagues can join this industry to promote the rapid growth and maturity of the industry." Although the blockchain industry is developing rapidly and technology iterations are frequent, we have always adhered to the original intention, focused on the research of blockchain security and technology, and explored more applications in the direction of industrial blockchain.
Editor-in-Charge: Meng Junlian Editor-in-Chief: Ran Xuedong
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