Nikolas Sargeant
Flare, the blockchain that gives developers access to the broadest range of decentralized data at scale and at minimal cost, announced on Friday, September 29th, that it is now live on Arkham.
In a press release shared with Cryptowisser, the team said this latest partnership means that Flare users can analyze network data within Arkham’s Intelligence Platform, submit queries to the Arkham Oracle to obtain actionable on-chain insights, and participate in various Flare-related bounties and auctions on the Arkham Intel Exchange.
While commenting on this latest development, Hugo Philion, co-founder and CEO of Flare, said,
“Flare is the blockchain for data - the only blockchain optimized for decentralized data acquisition. It’s, therefore, only right that we provide network builders and participants with the best possible analytics tools to allow them to make proper data-driven decisions. Arkham’s platform is both powerful and user-friendly so we are happy they have chosen to support the Flare network. "
Arkham leverages a proprietary artificial intelligence (AI) engine, ULTRA, to algorithmically match addresses with real-world entities. It does this to boost transparency within the cryptocurrency industry.
The intelligence analytics platform provides users with data and analytics on people and companies behind blockchain projects, linking cryptocurrency activity to real-world institutions.
This latest integration means that Flare users can see what the top traders and investors in the world are doing in real time while keeping a close eye on the performance of their own portfolios.
Users can also take advantage of the data provided to carry out their due diligence, predict market movements, track the flow of funds, facilitate individual research, and monitor/report illicit fund flows.
Miguel Morel, founder and CEO of Arkham, also commented that,
“We are excited to be adding support for yet another blockchain to our platform, especially one that is already so focused on data and understands the importance of data-driven decision-making. We will continue expanding our breadth and depth of coverage going forward in order to provide the radical transparency our industry needs.”
Flare is the blockchain for data, an EVM smart contract platform that expands the utility of blockchain. It is a smart contract platform optimized for decentralized data acquisition - price & time series data, blockchain event & state data, and web2 API data.
Meanwhile, Arkham was founded by Miguel Morel in 2020 and has attracted some of the most prominent investors in the crypto space and beyond. Among them are an undisclosed OpenAI Co-Founder, Palantir Co-Founder Joe Lonsdale (8VC), Tim Draper (Draper Associates), Wintermute, GSR, and Geoff Lewis (Bedrock). Recent Arkham partnerships include TradingView, Trust Wallet, BNB Chain, Tron, and Avalanche.
