Arkham operates as a blockchain analysis platform leveraging artificial intelligence (AI) to de-anonymize blockchain and on-chain data. Comprising two core components, the platform consists of the Analytics Platform and Intel Exchange. The Analytics Platform encompasses analytics on diverse entities, exchanges, funds, whales, and tokens. Users can delve into portfolio holdings, transaction histories, exchange flows, network relationships, and other on-chain analytics. Meanwhile, the Intel Exchange facilitates the buying and selling of address labels and other intelligence through bounties, auctions, or the DATA Program. Powered by an in-house AI engine drawing from multiple data sources including public records, social media, web scraping, and user submissions, Arkham labels addresses and furnishes entity analytics through ULTRA, the company’s AI algorithm. Arkham’s platform serves various purposes, including tracking stolen funds, identifying fraudsters, verifying counterparties, auditing transactions, investigating hacks, and more. The platform claims to aid in combating crypto crimes and scams by incentivizing on-chain research. Nevertheless, Arkham's platform has sparked privacy concerns among certain crypto users and advocates. They contend that the act of deanonymizing the blockchain contradicts the principles of anonymity and censorship-resistance inherent in the crypto movement. Arkham has defended its platform by asserting that it neither collects nor stores any personal user data, instead providing solely publicly available information verifiable on the blockchain.