Crypto analytics providers help bridge the gap between the crypto industry and regulatory bodies. Naturally, it makes sense to consider crypto as a challenge to regulatory and tax authorities due to the permissionless nature of blockchains.  Some countries have certainly taken this view, with nations such as China, Russia and india at various time  threatening… Continue reading Cryptocurrency & Regulatory Authorities 

Blockchain analysis companies apply data science techniques to publicly available blockchain data. They do this to discover useful information about transactions; the process involves identifying, clustering and modelling data. This data can then be visually represented and access sold in commercial packages using a familiar SaaS (software as a service) model.  The most obvious commercial… Continue reading Business of Blockchain Analysis 

Firstly, it is crucial to understand that the absence of personal information on blockchain transactions does not result in anonymity. For example, Bitcoin transactions move funds between addresses which are alphanumeric strings (containing no personal information) simply pointing to a location on the Bitcoin blockchain ledger. These addresses are recorded on-chain and are therefore visible… Continue reading Absence of personal information doesn’t make you invisible

In a previous article, we explored the anatomy of a bitcoin transaction and how easily the flow of funds can be accessed and analysed.  Now we are going to put this information into context. It is essential to understand that the absence of personal information doesn’t make users invisible. We can begin to explain the big business… Continue reading Putting Crypto Traceability Into Context

What you’ll learn The tension between transparency & privacy How crypto anonymity intersects with you real world identity How blockchain analytics is big business Part of blockchains value is that they are permissionless. There is no central authority needed to facilitate and authorise transactions – instead it is the technology itself and its consensus mechanism… Continue reading Your crypto footprint