The RCMP Seeks Digital Asset Solution Developer for Crypto and NFT Seizure and Storage
The Royal Canadian Mounted Police (RCMP) is looking for a digital asset solution developer to facilitate the seizure and storage of cryptocurrency and non-fungible tokens (NFTs) from multiple public blockchains. The RCMP has opened a tender to seek parties who can bid on the development of a centralized repository solution that will securely store digital assets seized from illicit activities until their legal disposition.
Key Points:
- The RCMP is seeking a digital asset solution developer for the seizure and storage of cryptocurrencies and NFTs.
- Cryptocurrencies and NFTs are increasingly being used for illicit activities.
- The solution should be able to accept and process transactions for the top 20 cryptocurrency blockchains.
- The solution should also allow for the transfer and holding of Ethereum, Solana, and Polygon-generated NFTs.
- The RCMP requires rigorous security protocols and accessibility through a web interface and mobile application.
Eligibility and Funding:
To qualify for the tender, the party or company should be for profit and based in Canada with less than 500 full-time employees, of which 50% should be found and working from Canada. The chosen company will receive funding of up to CAD 1,000,000.00 for the development in two phases.
Hot Take:
This initiative by the RCMP reflects the proactive strategy of law enforcement organizations in monitoring and overseeing the digital asset space. With the use of specialist software and the establishment of a centralized digital asset repository, Canada is taking steps to handle the security challenges posed by the evolving crypto landscape.
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