CyChain's beta app was just released on the Apple and Google stores to help users identify scams across the industry.
The app currently supports Bitcoin, Bitcoin Cash and Litecoin.
The CyChain app is a consumer mobile application available for Android and iOS devices. The app enables users to research fraudulent transactions and wallets on the blockchain using text search or QR code. Users have the ability to file reports associated with digital currency scams or known hacks that will be reviewed by the CyChain team.
Behind the scenes, CyChain proprietary databases and algorithms search the dark web and open source intelligence (OSINT) in real time to identify cybercriminal activity associated with fraud. This activity includes some of the latest trends targeting the industry such as ransomware and phishing. We do this to ensure our customers properly identify suspicious blockchain transactions and risks.
