• The Royal Canadian Mounted Police (RCMP) seeks to create a centralized repository to streamline seizing and storing cryptocurrencies and NFTs.
• The desired system must meet 17 specific requirements, such as the capability to process transactions for the top 20 cryptocurrency blockchains by market capitalization and compatibility with major NFT platforms.
• Developers have until Sep. 21, 2023, to propose a solution to the RCMP and SSC for a contract to work on the repository.
The Royal Canadian Mounted Police Seeks Solution For Seizing Crypto And NFT
The Royal Canadian Mounted Police (RCMP) is seeking a solution to streamline the process of seizing and storing cryptocurrencies and Non-Fungible tokens (NFTs). The desired system must meet 17 specific requirements that include processing transactions for the top 20 cryptocurrency blockchains by market capitalization while also being compatible with major NFT platforms.
Requirements Of Desired System
The system should provide access to authorized users who require data while also safeguarding private keys, ensuring secure disposal procedures, and carrying out daily automated checks. Additionally, it should be able to support new blockchains as they emerge in order to ensure scalability. A dedicated native mobile application for Android devices is also in the works in order to cater user convenience.
Deadline To Submit Proposal
Developers have until September 21st, 2023, to submit their proposals for a contract to work on this repository system.
Benefits Of Centralized Repository System
Creating such a centralized repository will enable law enforcement agencies with an easier way of seizing digital assets while also protecting them from theft or other malicious activities like hacking or money laundering.
Overall, this proposed solution could help law enforcement agencies manage crypto assets more efficiently while also helping protect them from criminals or malicious actors.