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Antchain Uses Chainlink Oracle

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Antchain uses Chainlink oracle to deliver high-quality AML Intelligence to blockchains. AnChain.AI uses artificial intelligence to monitor transactions and detect suspicious activity, and it can scan smart-contract code for known vulnerabilities

AnChain.AIthe AI-powered blockchain intelligence platform for security, risk, and compliance—is now using the Chainlink decentralized oracle network to supply AML intelligence data to the blockchain ecosystem.

Thanks to the premier blockchain middleware solution Chainlink, and leading Chainlink ecosystem developer LinkPool who led the technical design and implementation, AnChain.AI is able to leverage its existing APIs to securely deliver AML intelligence directly to on-chain applications.

INTEGRATION IMPORTANCE

Developers within blockchain ecosystems are now able to access AnChain.AI’s high-quality AML data to support a range of smart contract use cases that utilize premium compliance data, including risk and sanction data for cryptocurrency wallets, exchanges, and smart contracts, and applications across CeFi and DeFi.

By connecting with the most time-tested blockchain oracle solution, we are able to provide on-chain AML support via smart-contract connectivity. Smart contracts have already consumed 3B+ data points through the Chainlink decentralized oracle network to date. Chainlink enables us to sync actionable AML intelligence data with a multitude of blockchains, including our layer-1 and layer-2 partners.

“High-quality compliance data is integral to the growth of the smart contract ecosystem. By securely delivering compliance data on-chain via Chainlink decentralized oracle networks, AnChain.AI is able to help enhance the quality of compliance information available in the blockchain industry.”—  Kate Lane, Marketplace and Data Partnerships Manager at Chainlink Labs

With this new data connection, AnChain, establish a foundation for scaling industry demand for real-time AML and suspicious activity data, in accordance with the FATF and jurisdictional regulations for a risk-based approach to developing blockchain applications. Developers can take advantage of these smart contracts in order to build secure and compliant blockchain applications and services

“We’re excited to be supporting the growth of the smart contract economy by bringing high-quality AML intelligence data to blockchains through the Chainlink decentralized oracle network. By making this data available to smart contracts, we are bringing about a new standard for compliance and fraud prevention within the blockchain ecosystem.”—  Victor Fang, co-founder and CEO of AnChain.AI

ABOUT Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services. Needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably. Connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

Website | Twitter

ABOUT AnChain.AI

AnChain.AI is an AI-powered cybersecurity company enhancing blockchain security, risk, and compliance strategies. AnChain.AI was founded in 2018 by cybersecurity and enterprise software veterans from FireEye and Mandiant.

Website | Twitter

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