Arkham Intelligence: Understanding and How to Use It

Bittime - The reason behind his birth Arkham Intelligence to solve the problem bLockchain is known for its transparency, but the data contained in it is often difficult to understand.

Arkham Intelligence becomes a platform that makes it easier for users to understand blockchain transaction data with a more human view. We will discuss the meaning of Arkham Intelligence in more depth, check below!

What is Arkham Intelligence?

Arkham Intelligence is a blockchain analytics platform that uses artificial intelligence to identify, classify, and display transaction data on the blockchain. 

With the tool, users can track transaction patterns, identify the entities behind blockchain addresses, and analyze incoming and outflowing funds.

This innovative approach aims to make blockchain more transparent and accessible, not only for professionals, but also general users. 

Arkham Intelligence CEO Miguel Morel said that the platform's main goal is to help traders make better data-driven investment decisions.

Key Features 

Arkham Intelligence comes with a number of features designed to make blockchain analysis easier:

1. Arkham Dashboard

This dashboard allows users to customize the analysis display according to their needs. With a drag-and-drop interface, users can select the metrics they want to monitor.

2. Arkham Intel Exchange

This marketplace allows users to provide “bounties” to identify the entity behind a particular blockchain address. Although this feature is controversial, Arkham ensures that only public information can be used.

3. Arkham Visualizer

With this feature, users can see transaction data in a visual form that resembles a net, making it easier to analyze patterns and relationships between entities.

4. Arkham Token Pages

This page provides complete information about the token, such as the largest holders, transactions and largest cash flows.

5. Arkham Private Labels

This feature allows users to label their wallet addresses, such as “Personal” or “Business,” to make tracking easier. This label is private and visible only to the user who created it.

6. Arkham Oracle

With the help of artificial intelligence, Oracle can answer questions regarding blockchain data, such as wallet balances or recent transaction activity.

How to Use Arkham Intelligence

Arkham Intelligence can be used by individuals and professionals for a variety of purposes:

1. Monitoring Wallet

If you have several wallets, use the Private Labels feature to label each wallet. This makes it easier to track activities such as inflow and outflow of funds.

2. Business Analysis

Companies using cryptocurrency can utilize Arkham Visualizer to monitor their transaction activity and provide reports to stakeholders.

3. Copy Trading

Beginner traders can monitor experienced traders' wallet transactions and copy their strategies. However, still do your research before copying other people's transactions.

Controversy and Challenges

Arkham Intel Exchange, one of the platform's main features, has drawn criticism for being used to "dox-to-earn" or reveal the identity of blockchain users. Critics worry that this feature could potentially reveal personal information, especially if there is misidentification.

Nevertheless, Arkham Intelligence remains an attractive solution for bridging the complexity of blockchain data with simple analysis needs.

Conclusion

Arkham Intelligence is a revolutionary platform that allows users to utilize blockchain data in an easier and more efficient way. From personal wallet monitoring to business analysis, Arkham offers a variety of features to suit a variety of needs.

With blockchain transparency becoming increasingly relevant, tools like Arkham Intelligence are becoming increasingly important. So, are you ready to explore the world of blockchain with this powerful tool?

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Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

References

• What is Arkham Intelligence and How to Use It, Coingecko, accessed on January 7, 2025
• How to Use Arkham Intel? The Beginner's Guide, Coinmarketcap, accessed on January 7, 2025

Author: Fkey