BIGG Digital Assets Inc. Subsidiary Blockchain Intelligence Group Launches Ripple (XRP) and Stellar (XLM) on the BitRank Verified® Risk Scoring Service
BIGG Digital Assets, owner of Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce that, based on customer demand, Ripple (XRP) and Stellar (XLM) have been launched as part of BitRank Verified® v1.22. BitRank Verified® also supports BTC, ETH, ERC20 tokens, LTC, BCH and BSV.
BitRankVerified® provides financial organizations with the ability to get a risk score on an address and/or transaction allowing for the quick risk assessment of whether funds have been involved in nefarious activity.
XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 3-5 seconds. XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently.
Stellar makes it possible to create, send, and trade digital representations of all forms of money: dollars, pesos, bitcoin, pretty much anything. It’s designed so all the world’s financial systems can work together on a single network.
BIG’s President, Lance Morginn, commented, “Adding the Ripple and Stellar blockchains to BitRank Verified® further enhances the ability of any organization involved in crypto compliance and investigations to perform their duties. XRP is #4 by market capitalization, and XLM is #17 by market capitalization, according to coinmarketcap.com. These additions allow us to continue to position BIG’s services as having visibility into the top cryptocurrencies in the marketplace.”