Arkham Intelligence Unveils World’s First On-Chain Platform
The announcement of the world’s first on-chain intelligence exchange platform by blockchain intelligence startup ‘Arkham’ has created waves in bitcoin.
This ground-breaking website enables anyone to buy and trade information about the owners of certain blockchain wallet addresses in an anonymous manner.
While it provides new opportunities for on-chain analysts, traders, investors, journalists, researchers, and protocols, it has also generated worries about its possible impact on decentralisation and privacy.
Arkham Intel introduces “Dox-To-Earn,” a smart contract platform that allows users to purchase or auction information about blockchain wallet owners. The platform operates through two ways: buyers can request specific wallet owner information and place a bounty, while sellers can provide it through a “Buy now” option or auction. Proponents argue that Arkham Intel bridges the gap between on-chain analysts and stakeholders, enabling access to alpha and insights from elite researchers. Additionally, the program incentivizes on-chain sleuths to uncover crypto scams and crimes, aiding victims in identifying scammers. Supporters feel Arkham Intel has the potential to increase transparency, prevent fraudulent activity, and boost trust in the blockchain ecosystem.
(With inputs from Shikha Singh)
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