Overview of Arkham ($ARKM )
Purpose: Arkham is a blockchain analysis platform leveraging artificial intelligence (AI) to deanonymize blockchain and on-chain data for enhanced transparency and analytics.
Core Components:
1. Analytics Platform:
Provides analytics on entities, exchanges, funds, whales, and tokens.
Users can access portfolio holdings, transaction history, exchange flows, network relationships, and other on-chain metrics.
2. Intel Exchange:
Facilitates buying and selling of address labels and intelligence through bounties, auctions, or the DATA Program.
AI and Data Utilization:
AI Engine: Powered by ULTRA, Arkham’s proprietary AI algorithm.
Data Sources: Combines public records, social media, web scraping, and user submissions to label blockchain addresses and provide entity analytics.
Use Cases:
Tracking stolen funds and investigating hacks.
Identifying fraudsters and verifying counterparties.
Auditing transactions and combating crypto-related crimes.
Controversy and Privacy Concerns:
Privacy Concerns: Some users argue that deanonymizing the blockchain contradicts the principles of anonymity and censorship-resistance central to the crypto ethos.
Arkham's Stance: The platform claims it does not collect or store personal data and only provides verifiable public information from the blockchain.
Arkham positions itself as a tool to enhance transparency and accountability within the crypto ecosystem while addressing concerns over its impact on privacy.