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Bitvavo makes Arkham as easy as possible. Here are answers to common questions to help you make your first steps in the world of digital assets.
Raw blockchain data consists of cryptographic hashes that are difficult to interpret, making it challenging for outsiders to understand market trends. Arkham aims to improve the processing and accessibility of blockchain data, de-anonymizing and analyzing on-chain data on their platform.
Arkham is a blockchain intelligence platform that uses artificial intelligence (AI) to gather and analyze blockchain data. With AI tools, it can reveal the identities of parties conducting transactions, making certain funds, exchanges, and crypto whales no longer anonymous. This gives users insight into the behavior and activity of specific individuals, businesses, and organizations on the platform.
Artificial intelligence is a key component of the platform, aimed at making on-chain data more accessible and comprehensible. The project focuses on gathering crypto intelligence, including blockchain analysis tools and market research.
The platform consists of two components: the Analytics Platform and the Intel Exchange. The Analytics Platform provides insight into parties conducting transactions on the blockchain, such as companies and institutions. The Intel Exchange is a decentralized marketplace where users can buy and sell valuable on-chain information, like specific crypto wallet addresses.
Founded by Miguel Morel, the current CEO, Arkham is a tech platform that started in 2020 in New York. Since then, Arkham has expanded to various parts of the world. Prior to Arkham, Morel lived in San Francisco where he created the Reserve Protocol in 2017, focusing on a decentralized stablecoin to promote stability in emerging markets. With Arkham, using AI to make blockchain less anonymous, Morel is taking a new direction.
Arkham (ARKM) aims to increase transparency in blockchain data to combat crime in the crypto market. Its applications are diverse:
In the traditional financial world, parties' transaction data is not always known, unlike in blockchain where transactions are public. This transparency gains meaning through in-depth data analysis, allowing users to contextualize them. This is how Arkham (ARKM) operates.
The Arkham platform utilizes its own AI system called Ultra, which collects data from on-chain and off-chain sources. Ultra follows a specific process, starting with aggregating data into a database and then using advanced algorithms to link blockchain addresses to real-world counterparts.
The team behind Arkham (ARKM) aims to accelerate blockchain development by making transactions less anonymous. Instead of numbers or pseudonyms, the identity of individuals, institutions, and organizations behind certain transactions is revealed, making the analysis of their behavior and activities easier than ever.
An important tool on the Arkham platform is the 'Profiler'. This tool allows users to trace blockchain activities of entities and/or wallet addresses. It provides a detailed transaction history that users can filter and sort based on various criteria, such as the token used, the counterparty, and the time. Additionally, the Profiler provides insight into the contents of a crypto wallet, profits and losses, and interactions between a specific entity and exchanges and counterparties.
Artificial intelligence has been rapidly growing in recent years. The blockchain intelligence platform Arkham capitalizes on this trend with unique features:
Looking to buy Arkham (ARKM)? The ARKM coin is available on Bitvavo, a platform for traders both new and experienced. Follow these steps to purchase ARKM through our website or mobile app:
The cost of ARKM tokens is directly linked to the market value. Upon purchase, your tokens will be automatically added to your Bitvavo account for easy management and trading. You can also easily track the value of the cryptocurrency. Stay informed about market developments by keeping up with the news.
Do you want to securely store your ARKM tokens? Do so through your Bitvavo account, where the majority of customer funds are stored in secure offline cold storage.
In addition to these security measures, we advise using two-factor authentication (2FA) for added security. This means entering an additional code when logging in. Activating 2FA is simple. Download Google Authenticator, or a similar app, and link it to your Bitvavo account. A code will appear on the screen which you will then use to log in. This code changes every minute for extra security.
* This is for informational purposes only and is not advice, nor should it be relied upon as such.
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Trading digital assets involves significant risks. Digital assets are highly volatile and you may lose some or all of your investment. The information on this page does not constitute advice, and should not be relied upon as such. Bitvavo is authorized as a crypto-asset service provider under Regulation (EU) 2023/1114 (MiCA) by the Autoriteit Financiële Markten (AFM), Vijzelgracht 50, 1017 HS Amsterdam. More info can be found in our Risk Disclosure.
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