The continuous innovation and inventions in the crypto market considering Artificial Intelligence is a new normal and Arkham, a blockchain intelligence company, tried to maintain the trend. Miguel Morel the founder and CEO of Arkham introduced a platform offering activities happening over the crypto markets. The platform simply offers valuable insights and analytics to investors, traders, or any individual who wants to explore blockchain data or transactions. The main purpose of the platform introduction is to offer transparency, trust, and efficiency to users in terms of digital assets.
Complete Setup and Working of the Arkham Platform
The introduction of the platform was not easy for Miguel Morel and faced lots of challenges related to data collection, attribution, and aggregation. Maintaining the balance between transparency and privacy, combining the on-chain and off-chain data in a short time, and utilization of the same to assign real-world addresses was challenging.
However, the focus on deanonymization and access to crypto data in a decentralized manner made it possible to introduce the Arkham intelligence on the Binance platform on Tuesday, July 18, 2023. The contract address of Arkham Intelligence is 0x6e2a43be0b1d33b726f0ca3b8de60b3482b8b050, allowing users to view transactions, source code, analytics, and balances.
Let’s see how to set up the platform.
Visiting the site, signup or login into the platform using credentials, and setting up a profile is the initial step. To initiate activities over the platform, individuals are required to add exchange accounts like any blockchain wallet or Binance account. Adding addresses associated with BITCOIN, EVM, and TRON will assist in completing the profile as well as allowing individuals to sync accounts with the new Intelligence platform.
Further connecting your crypto wallet with Arkham Intelligence will help in the collection of the user’s tokens and data stored over the blockchain. The user simply needs to click the Metamask label along with following the series of prompts to develop the connection between the Metamask wallet and Arkham.
Now, the platform is ready to show its magic.
Individuals are permitted to monitor the portfolio, track the activities of other entities, and filter the data through analytics and other features. Also, Deanonymization, alerts, search, and visualization are some main features making the platform unique and help the users understand the implications of cryptocurrency activity in the real world.
However, the platform is not free to use and requires purchasing of plans including starter, professional, and enterprise based on the needs of the users.
The starter plan costs around $99 per month, the professional plan costs $299 whereas the enterprise plan adopts custom pricing and is mainly designed for organizations.
Current State and Future Predictions
Emphasizing the current state, the present value of Arkham is $0.512044 with a trading volume of $23,492,361 in the past 24 hours. Individuals who want to buy Arkham at the current prices can visit platforms like CoinW, Binance, Bubit, Bitrue, and Bybit. Also, the price of Arkham is expected to reach approximately $1 by 2025, making it one of the most worthwhile investments at present.
Conclusion
Arkham Intelligence is a blockchain working over the AI mechanism to deanonymize blockchain transactions and on-chain data. Privacy, transparency, visualization, search, and alerts are some main features of Arkham Intelligence making it more efficient than other blockchain platforms.
Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.
Source: https://www.thecoinrepublic.com/2023/07/30/arkham-intelligence-blockchain-empowering-crypto-users-privacy/