Bitfury Group has come to Russia

Bitfury Group has come to Russia

March 4, 2018

One of the largest miners in the world opens a representative office in Russia.

In Russia, the representative office of the Bithely Group, a blocking company, opens, writesInsider.pro.

The company is considered the largest mining company outside of China. The company's offices are located in the US, several European countries and in Georgia. The founder of the company comes from Latvia Valery Vavilov. The company was founded in 2011 year. Vavilov entered the first list of Forbes Millarders of the crypto-currency industry.

Final anonymity will begin in Russia

The main task of the Russian office will be Bitfury Group development of Exonum and analytical software Crystal.

Crystal Software, we recall, a new development Bitfury Group. According to the developers, the software will allow reveal criminal transactions in the Bitcoin blockbuster. So it's no surprise that the company decided to come to Russia. The full version of the program should be launched in the current month.

Thus, one of the important properties of crypto currency, the anonymity of transactions (albeit conditional), with the introduction of Crystal software will be under threat, although not only criminal elements are interested in anonymity. If, however, this software is really capable of doing what it was designed for.

Author: Evgenij Novožilov, Analyst Freedman Club Crypto News

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