Flare Blockchain Partners with Arkham’s Intelligence Platform

4:47 pm
September 29, 2023

Flare Blockchain, commonly recognized as the blockchain for data, has announced a partnership with Arkham, a leading provider of blockchain analytics and intelligence solutions.

Effective September 29th, this collaboration brings together Flare’s robust network data analysis capabilities with Arkham’s Intelligence Platform, offering a suite of powerful tools for Flare users.

Combining Flare with Arkham’s advanced analytics

Flare stands out as a unique blockchain platform designed to optimize decentralized data acquisition. By seamlessly integrating decentralized oracles into its structure, Flare empowers developers with trustless access to a wide range of data at minimal cost and on a scalable basis. This utility layer has played a crucial role in expanding the utility of blockchain technology and supporting the creation of new and improved use cases.

Arkham, on the other hand, is well-known for its proprietary artificial intelligence (AI) engine, ULTRA. This technology algorithmically matches blockchain addresses with real-world entities, enhancing transparency within the crypto industry. By doing so, Arkham provides valuable data and analytics on the individuals and organizations behind blockchain activity, effectively bridging the gap between cryptocurrency transactions and real-world institutions.

Integration of Flare with Arkham’s platform

The integration of Flare with Arkham’s platform creates a powerful synergy that benefits both Flare users and the broader blockchain community.

Flare users can now leverage Arkham’s extensive analytics capabilities to make informed, data-driven decisions. They can submit queries to the Arkham Oracle to obtain actionable on-chain insights, giving them a competitive edge in the ever-evolving blockchain landscape.

Furthermore, Flare users can actively participate in Flare-related activities, such as bounties and auctions facilitated through the Arkham Intel Exchange. This integration opens up exciting opportunities for users to engage with the Flare network and its ecosystem in ways that were previously unavailable.

Miguel Morel, the founder and CEO of Arkham, expressed his enthusiasm about the partnership and their commitment to expanding support for additional blockchains. He emphasized that this commitment stems from their understanding of the industry’s need for radical transparency and data-driven decision-making.

FAQs

1. What is Flare Blockchain?

Flare Blockchain is a blockchain platform designed to optimize decentralized data acquisition. It offers developers trustless access to a wide range of data at minimal cost and on a scalable basis.

2. What is Arkham’s Intelligence Platform?

Arkham’s Intelligence Platform is a leading provider of blockchain analytics and intelligence solutions. It uses proprietary artificial intelligence technology to match blockchain addresses with real-world entities, enhancing transparency within the crypto industry.

3. How does the integration of Flare with Arkham’s platform benefit users?

The integration of Flare with Arkham’s platform allows Flare users to leverage Arkham’s extensive analytics capabilities to make informed, data-driven decisions. They can also participate in Flare-related activities facilitated through the Arkham Intel Exchange, opening up exciting opportunities to engage with the Flare network and its ecosystem.

4. What is ULTRA?

ULTRA is Arkham’s proprietary artificial intelligence (AI) engine, which algorithmically matches blockchain addresses with real-world entities to enhance transparency in the crypto industry.

Summary

Flare Blockchain has partnered with Arkham’s Intelligence Platform, combining Flare’s network data analysis capabilities with Arkham’s advanced analytics. This synergy benefits Flare users and the broader blockchain community, providing them with powerful tools and insights for data-driven decision-making. The integration with Arkham’s platform allows Flare users to participate in Flare-related activities and engage with the network in new ways. Miguel Morel, the CEO of Arkham, expressed enthusiasm about the partnership and their commitment to expanding support for additional blockchains.


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