Man and machine: Nansen’s analytics slowly labeling worldwide wallets By Cointelegraph

[ad_1]

Man and machine: Nansen’s analytics slowly labeling worldwide wallets

Public blockchains can be accessed and read by anyone, but creating meaningful insights from this data is no easy feat. Millions of transactions are recorded across a variety of chains and layer-2 protocols, creating petabytes of data daily.

Services like Google (NASDAQ:) transformed the early internet, accomplishing a significant engineering task by structuring and curating millions of websites to serve simple user queries. A handful of blockchain analytics platforms are looking to do the same, with Nansen distinguishing itself by processing on-chain data into a growing database of wallet labels.

Nansen CEO and co-founder Alex Svanevik chats with Cointelegraph at Nansen’s office in Singapore during Token2049 in September 2022.

Labeling wallets

“Bad labels” vs “good labels”

Settled in Singapore