This week, BIGG became the first blockchain company to establish operations in Washington, DC, where the company is already working closely with the U.S. government. According to their press release out yesterday, BIGG has a pilot project underway with the U.S. Treasury. In addition, the U.S. DOJ and U.S. Department of Homeland Security are already using BIGG's technology.
BIGG has developed a superior cryptocurrency search and analytics engine for blockchain and other distributed technology. BIGG is bringing security and accountability to cryptocurrency with its trusted data-analysis and risk-scoring capabilities for Bitcoin and other Cryptocurrencies.
BIGG has created a suite of tools for the financial services industry, regulators and the law enforcement community to help meet the demands of a blockchain-based future, providing trust and real-time risk evaluation. BIGG's QLUE and BitRank products allow investigators to gather the evidence needed to connect criminals with their cryptocurrency transactions, by tracking the movement of funds between wallets.
BIGG's BitRank Verified is a proprietary “risk scoring” system that provides customers with a safety ranking of the wallet involved in the transaction. If you have a Bitcoin wallet, you can quickly and easily check your own BitRank right now by going to: BitRankVerified.com.
Just the other day, BIGG announced the signing of a purchaser agreement with CoinMe, the first licensed Bitcoin ATM operator in the U.S., with BIGG set to receive a fee each time CoinMe processes a Bitcoin ATM transaction - with each transaction to be checked by BitRank Verified. BIGG's BitRank Verified will support CoinMe's efforts to comply with anti-money laundering (AML) standards, while delivering transparency regarding the source and legitimacy of transactions, and providing CoinMe users with confidence that transactions aren't involved with or implicated in criminal activities.
BIGG's QLUE uses advanced search algorithms that detect suspicious activity within Bitcoin and other cryptocurrency transactions on the dark web, where criminals commonly use Tor and other tools to cover their illegal activity.
This week, BIGG officially launched its Forensic Services Division, which is being led by Robert Whitaker. Prior to joining BIGG, he spent nearly 12 years as a Homeland Security Investigations (HSI) Supervisory Special Agent. Most recently, he was assigned to the Illicit Finance and Proceeds of Crime Unit (IFPCU) where he managed the Illicit Digital Economy Program (IDEP). According to his LinkedIn profile, his responsibilties included briefing members of Congress and other governmental bodies on cryptocurrencies.
BIGG is currently priced at only $0.345 per share with 104.656 million shares outstanding for a market cap of $36.1 million. On December 21, 2017, BIGG closed on a private placement for $19.553 million at a price of $0.75 per share. BIGG must rise by 117.4% just to return to its $0.75 per share private placement price where the company raised close to $20 million! In NIA's opinion, BIGG currently has the best risk/reward ratio out of all blockchain stocks!
BIGG finished 2017 with $20.7 million in cash on its balance sheet. With 104.656 million shares outstanding, BIGG has a cash position of $0.198 per share! At BIGG's current share price of $0.345, its enterprise value is an insanely low $15.4 million! Even if Bitcoin crashes to below $6,000 we expect BIGG to prosper throughout the rest of 2018!
The #1 topic in the media for the remainder of 2018 will be Bitcoin regulation/legal compliance and BIGG is the only publicly traded pure play in this space!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from BIGG of $75,000 cash for a 90-day investor relations contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.