Arkham is a tool that uses AI to analyse blockchain and on-chain data. It includes two parts: the analytics platform and Intel exchange. The analytics platform provides insights on entities, exchanges, and more, including transaction history and portfolio holdings. Intel exchange lets users trade intelligence like address labels through bounties, auctions, or the DATA Program.
Arkham's AI engine uses information from public records, social media, and web scraping to label addresses and provide analytics. The tool's uses include tracking stolen funds, identifying fraud, auditing transactions, and investigating hacks. Arkham believes its platform can help reduce crypto crimes by promoting on-chain research.
Despite its advantages, some people are concerned about privacy, arguing that it goes against the anonymity principle of cryptocurrencies. However, Arkham maintains that it doesn't collect or store personal data and only uses publicly accessible information.
ARKM is the utility token for the Arkham ecosystem. It can be used to buy and sell crypto intelligence within the platform. ARKM can also be used to vote on the strategic direction of Arkham and can be used to reward users for submitting intelligence.