A new tool designed to help law enforcement and financial agencies investigate any suspect financial transactions, undertaken via the Bitcoin Blockchain, has been released by the Bitfury Group.

The company announced its new Bitcoin Blockchain tool, named Crystal, on its official social media accounts on the 30th of January. Along with mapping any suspicious transactions on the Bitcoin Blockchain, Crystal also provides proprietary \"risk scoring\", which enables the transactions to be tracked to their physical locations.

Bitfury Group CEO Valery Vavilov said that Blockchain systems possess a great potential to be incredible forces for the good of society. Vavilov also noted that a number of criminals also exploited the tech for their own gain. Crystal will seek to address the use of public blockchains for criminal endeavours by helping financial institutions and law agencies to easily identify rogue financial transactions and track them back to their real-world locations.

Vavilov suggested that the tech would help to ensure a safer and securer world for the public blockchains of the future.

Crystal offers several key benefits, including: autonomous tracking, a user-friendly explorer, detailed risk scoring, interoperability, advanced analytical services (such as untangling, clustering and data parsing), and secure infrastructure support.