SophiaTX will also provide APIs to integrate with other major ERP and financial software systems.

The Grid employs a main chain and side chains to speed up the processing of smart contracts.

The Internal Revenue Service has signed a contract with a company called Chainalysis that offers software for analyzing and tracking bitcoin transactions.

The Internal Revenue Service has decided to limit its probe of Coinbase users to those who engaged in transactions of $20,000 or more, according to a court filing.