BIGG Digital Assets Inc. Subsidiary Blockchain Intelligence Group Launches Ripple (XRP) and Stellar (XLM) on the BitRank Verified Risk Scoring Service
BIGG Digital Assets Inc., 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.”