Flare Blockchain and Arkham Intelligence Platform Join Forces for Limitless Data Access and Insights
Arkham Intelligence Platform and Flare Blockchain have announced their collaboration, enabling Flare users to analyze network data within Arkham’s Intelligence Platform and access actionable on-chain insights through the Arkham Oracle.
Flare Blockchain aims to provide developers with access to a wide range of decentralized data at scale and minimal cost. Acting as a utility layer for the blockchain industry, Flare supports the development of innovative use cases and empowers builders and users with robust analytics tools for data-driven decision-making.
Hugo Philion, co-founder, and CEO of Flare, expressed his satisfaction with the integration, stating that Flare is the blockchain for data, optimized for decentralized data acquisition. It is only fitting that Flare provides network builders and participants with the best analytics tools, and Arkham’s powerful and user-friendly platform does just that.
Arkham Intelligence Platform, with its proprietary artificial intelligence (AI) engine called ULTRA, focuses on providing transparency within the crypto industry. The platform analyzes and provides data based on the activities of cryptocurrencies, linking these activities to real-world entities. Recently, Arkham Intelligence identified addresses linked to Grayscale Bitcoin Trust (GBTC), solidifying its position as the world’s second-largest BTC holder.
Thanks to the collaboration, Flare users can identify top traders and investors and track their crypto activity in real-time, while also monitoring their own portfolio. The data provided can be utilized for due diligence, predicting market movements, tracking fund flows, conducting individual research, and monitoring illicit fund flows.
Miguel Morel, founder, and CEO of Arkham, expressed excitement about adding support for another blockchain to their platform, especially one that understands the importance of data-driven decision-making. Morel also mentioned the commitment to expanding their coverage to provide the necessary transparency needed in the industry.
This collaboration between Flare Blockchain and Arkham Intelligence Platform brings together the strengths of both platforms to offer developers and users unparalleled insights and analytics tools. With Flare optimized for decentralized data acquisition and Arkham’s ULTRA engine providing transparency and analysis, the partnership promises to enhance the blockchain industry’s data-driven decision-making capabilities.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. Readers should conduct their own research before making any investment decisions.
