Flare Joins Arkham for Blockchain Data Access and Insights

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  • Arkham is celebrating the combination of Flare blockchain, giving builders entry to the broadest vary of decentralized knowledge at scale and at minimal value.
  • Flare customers can now analyze community knowledge inside Arkham’s Intelligence Platform, and submit queries to the Arkham Oracle to acquire actionable on-chain insights.

Flare Blockchain and Arkham Intelligence Platform have confirmed their collaboration which sees Flare Blockchain assist added to Arkham’s Intelligence Platform. Following this collaboration, Flare customers will be capable of “analyze community knowledge inside Arkham’s Intelligence Platform, submit queries to the Arkham Oracle to acquire actionable on-chain insights, and take part in varied Flare-related bounties and auctions on the Arkham Intel Trade.”

Flare goals to provide builders entry to the broadest vary of decentralized knowledge at scale and at a low value. Flare acts as a utility layer for the blockchain business and helps the event of latest and improved use instances. Optimized for decentralized knowledge acquisition, it helps empower builders and customers with the absolute best analytics instruments to make correct data-driven choices.

Talking on the combination, Hugo Philion, co-founder and CEO of Flare acknowledged;

Flare is the blockchain for knowledge – the one blockchain optimized for decentralized knowledge acquisition. It’s subsequently solely proper that we offer community builders and individuals with the absolute best analytics instruments to permit them to make correct data-driven choices. Arkham’s platform is each highly effective and user-friendly so we’re pleased they’ve chosen to assist the Flare community.

Arkham goals to carry transparency inside the crypto business by means of its proprietary synthetic intelligence (AI) engine, ULTRA, to algorithmically match addresses with real-world entities. The platform is ready to analyze and supply knowledge based mostly on cryptocurrencies’ actions, linking these actions to the folks of the businesses behind them. 

Earlier this month, the blockchain analytics platform identified addresses linked to Grayscale Bitcoin Belief (GBTC) has been recognized by Arkham Intelligence.

Using the Arkham platform, Flare customers will be capable of determine prime merchants and traders, and be capable of observe their crypto exercise in real-time whereas monitoring their very own portfolio. The current announcement additional notes customers might “additionally use the info to conduct their due diligence, predict market actions, observe the move of funds, facilitate particular person analysis, and monitor/report illicit fund flows.”

Miguel Morel, founder and CEO of Arkham, celebrated the brand new partnership stating;

We’re excited to be including assist for yet one more blockchain to our platform, particularly one that’s already so targeted on knowledge and understands the significance of data-driven decision-making. We’ll proceed increasing our breadth and depth of protection going ahead with a purpose to present the novel transparency our business wants.

Associated: Binance Users Commit $2.43 Billion Worth of BNB in ARKM Public Sale – Don’t Miss Your Investment Opportunity

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