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A., G., N., J., O., P., & D., S. (2018). Anonymization Technologies of Cryptocurrency Transactions as Money Laundering Instrument. KnE Social Sciences, 3(2), 46-53. https://doi.org/10.18502/kss.v3i2.1523

https://doi.org/10.18502/kss.v3i2.1523

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authors

  • Goriacheva A.

    Goriacheva A.

    National Research Nuclear University MEPhI (Moscow Engineering Physics Institute), Kashirskoe shosse 31, Moscow, 115409
  • Jakubenko N.

    Jakubenko N.

    National Research Nuclear University MEPhI (Moscow Engineering Physics Institute), Kashirskoe shosse 31, Moscow, 115409
  • Pogodina O.

    Pogodina O.

    National Research Nuclear University MEPhI (Moscow Engineering Physics Institute), Kashirskoe shosse 31, Moscow, 115409
  • Silnov D.

    Silnov D.

    National Research Nuclear University MEPhI (Moscow Engineering Physics Institute), Kashirskoe shosse 31, Moscow, 115409

Published Date

  • Feb 15, 2018

Anonymization Technologies of Cryptocurrency Transactions as Money Laundering Instrument

KnE Social Sciences / III Network AML/CFT Institute International Scientific and Research Conference "FinTech and RegTech" / Pages 46-53

Abstract

This article is devoted to the exploration of services of anonymizing transactions, based on the Mixer, CoinJoin and CoinSuffle technologies, as well as to the description of the core principles of operation of these technologies and technical details. It analyzes the advantages and disadvantages of different realizations of this service. It formulates the problem of cryptocurrency laundering through anonymization services and offers solutions to this problem.

Keywords: cryptocurrency, blockchain, bitcoin, mixing service, mining, money laundering.

References
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