Flare and Arkham Collaborate for Enhanced Decentralized Data Access

FinanceFeeds Editorial Team

Flare’s blockchain for decentralized data acquisition integrates with Arkham’s Intelligence Platform, offering users advanced analytics and actionable on-chain insights.

To bring enhanced analytics capabilities to decentralized data, Flare, a specialized blockchain for data acquisition, has now gone live on the Arkham Intelligence Platform. This integration expands Flare’s reach and offers users advanced tools for in-depth blockchain data analysis.

Enhanced Capabilities through Integration

Flare, which allows developers the most comprehensive access to decentralized data in scale and cost, has enhanced its offering through its collaboration with Arkham. Flare users can now:

  • Delve deep into network data using Arkham’s Intelligence Platform.
  • Seek actionable insights from on-chain data by posing queries to the Arkham Oracle.
  • Engage in Flare-specific bounties and auctions via the Arkham Intel Exchange.

Regarding the partnership, Hugo Philion, co-founder and CEO of Flare, stated: “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 powerful and user-friendly, so we are happy they have chosen to support the Flare network.”

Arkham’s Proprietary ULTRA AI Engine

Arkham’s strength lies in its proprietary artificial intelligence engine, ULTRA. This engine algorithmically associates blockchain addresses with real-world entities, adding a layer of transparency that is much needed in cryptocurrency. Arkham offers an in-depth view of the operations of individuals and institutions in the blockchain world.

For users of the Flare network, the Arkham platform provides:

  • Real-time insight into the actions of leading global traders and investors.
  • We have detailed performance analytics for individual portfolios.
  • Data-driven tools for due diligence, market trend predictions, fund flow tracking, personal research, and monitoring of suspicious fund transfers.

Commenting on the collaboration, Miguel Morel, founder and CEO of Arkham, noted: “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 positions itself as the blockchain dedicated to data, doubling as an EVM intelligent contract platform that augments the utility of blockchain technology. With in-built decentralized oracles, Flare is the sole intelligent contract platform primed for decentralized data acquisition spanning price & time series data, blockchain event & state data, and web2 API data. This platform offers developers wide-ranging data access at minimal costs, fostering the creation of innovative use cases in the blockchain space.

Initiated by Miguel Morel in 2020, Arkham caters to the intelligence needs of decision-makers in various domains, including government, venture capital, and trading. With experience spanning several crypto markets, Miguel understands the industry comprehensively. The platform has garnered the interest of influential investors, including an undisclosed OpenAI Co-Founder, Palantir Co-Founder Joe Lonsdale (8VC), Tim Draper (Draper Associates), Wintermute, GSR, and Geoff Lewis (Bedrock). Its recent collaborations boast names like TradingView, Trust Wallet, BNB Chain, Tron, and Avalanche.

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