The blockchain industry is always pride in transparency. All transactions on the public blockchain are recorded permanently and are visible to anyone with an internet connection.
Still, billions of transactions and hundreds of millions of wallet addresses can paralyze that enormous scale of transparency. Without the right tools, it’s not a transparent ledger, it hides countless needles. That’s where blockchain analysis comes into play.
The latest episode of Clear Crypto Podcast explains how the radical openness of blockchain has created both opportunities and challenges. Currently, artificial intelligence (AI) may be a lack of work in understanding everything.
The role of today’s analysis
Blockchain data has helped South Korean authorities track illegal activities, as they have recently broken up international hacking syndicates. It also provides important context during major industry collapse, such as the downfall of FTX.
Guest Alex Svanevik, co-founder and CEO of Analytics Platform Nansen, recalls:
“A lot of people were using our products to see what was going on with the funds sitting in their FTX wallets. In fact, in real time, you can see the money flowing out of the exchange, even though SBF says they blocked the withdrawal.”
For traders and institutions, analytical tools serve other purposes.
By labeling wallet addresses and fund mapping labels, these platforms allow users to see where capital is moving, what key players are doing, and whether suspicious activity is affecting token prices.
However, the real challenge is ease of use. “I think we’re going to go through a massive change in what our products look like,” he said.
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“People would have been used to training, where they had to spend a lot of time on using dashboards, onboarding. I think the near future of software products is just something you talk to with the product.”
AI changes equations
Even with sophisticated dashboards, analysis of blockchain data remains on a steep learning curve. That’s why the integration of artificial intelligence represents such an important leap.
Svanevik highlighted the recently launched, AI-powered product from Nansen, which allows users to query blockchain activity in plain language.
“The future… you’ll just talk to an AI agent who can do research for you, and you can get a rating in 20 seconds, rather than stitching it all together.”
This is more than a trendy or beauty shift. AI-driven analytics democratize blockchain intelligence by entering barriers.
Retail investors, compliance officers, and even casual observers have access to insights that were once the domain of specialized analysts.
Blockchain has long been committed to making finance more transparent, but that promise is only as strong as its ability to interpret the information it generates. As Svanevik said:
“We are basically betting on the whole company about the idea that people want to talk about. [the data]. ”
To hear the full conversation on Clear Crypto Podcasts, listen to the Cointelegraph podcast page, Apple podcasts and the entire episode of Spotify. And don’t forget to check out the full lineup of other shows on Cointelegraph!
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