Emirate Dubai law enforcement agencies will use artificial intelligence and blockchain to track illegal transactions with cryptocurrencies.
The commander of the police brigade Dubai Saleh al-Hamrani (Saleh Al Hamrani) At the World Police Summit, he reported, what Emirate law enforcement agencies study the latest digital technologies to combat illegal use of cryptocurrencies.
“Digital assets are often used to launder money and commit various kinds of violations, Therefore, the Dubai police are trying to track suspicious cryptocurrency transactions. The latest technologies change the world, And the police inevitably become part of these changes. ", - Datewil Al-Coani.
He added, that the Dubai police are ready to use the blockchain, And not only against cybercrime. The potential of this technology can be used to prevent accidents, reducing mortality, ensuring the safety of road and sea transport, Security at airports, as well as to draw up a forecast for the development of certain events. The use of artificial intelligence and blockchain will evaluate the risks, which the police may encounter, allowing employees to better prepare for emergency situations and respond faster to them, Scazal Al-Coani.
Recall, that in early March, Dubai authorities approved the law on virtual assets in connection with an increase in demand for cryptocurrencies. The law implies the creation of a separate body - the Office for the regulation of virtual assets of Dubai (BE). The department will control the release and circulation of digital assets, and also issue licenses to cryptocurrency companies.
