Comments

    craybateseducraybatesedu Reputation: 66
    Status: Bounty Hunter
    Send Message

    It seems like these tools could be very good at detecting market manipulation, pumping schemes, and even tax evasion. This seems like it could also be a powerful tool for AML/KYC compliance - being able to easily double-check a customer's stated intended transactions purposes against suspicious wallets would be the sina qua non of AML monitoring in cryptocurrency.

    64ae10fbd03076ec4d9be3e9fcf4ace9
    DNXDNX Reputation: 14
    Status: Bounty Hunter
    Send Message

    @craybatesedu hope you're right about combating market manipulation because it appears to be rampant and possibly the biggest hurdle to virtual currencies gaining widespread use

    336550f589d4ed5c2847065c6797e847
    cubanoBHloungecubanoBHlounge Reputation: 53
    Status: Bounty Hunter
    Send Message

    @RayenPLK just tell us why we should read it !!!!!!!!

    f8542f240a68409f90ff3c98ba551fcc
    RayenPLKRayenPLK Reputation: 11
    Status: Bounty Hunter
    Send Message

    @cubanoBHlounge the article is about a 10 minute read, and contains quite a bit of big-picture perspective on how the Blockchain Search integrates with BigQuery ML (machine learning).

    It’s all a bit too involved to fully summarize here, but here are a few highlights:

    1) Google Blockchain Search is a “suite of tools built by, and for, open source developers”
    2) “Will load data sets for all transactions and metadata in eight cryptocurrencies, including BTC and ETH”
    3) The tools are “designed to do to blockchain, what Google search did to the internet”
    4) The first terabyte of inquiries are free each month, with additional charges charged per byte, or a $40k per month flat fee
    5) “data sets have been standardized … in a uniform, easy-to-access way”
    6) “BigQuery ML integration could also identify cryptocurrency addresses owned by a single entity, for example an exchange, and condense those addresses into a single data point, simplifying comparisons.”

    There’s a lot more. I posted the article on LinkedIn and several of my colleagues found it helpful.

    d426a86c3f1429f495ea04761313d407
    Hans2000Hans2000 Reputation: 0
    Status: Bounty Hunter
    Send Message

    The tools are live with datasets for
    Bitcoin Cash
    Dash
    Dogecoin
    Ethereum Classic
    Litecoin
    Zcash

    https://cloud.google.com/blog/products/data-analytics/introducing-six-new-cryptocurrencies-in-bigquery-public-datasets-and-how-to-analyze-them

    874cfe6cc05611d7a3d9c1e5798feb5c

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Attach a file you can also drag-and-drop into the text area below:
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file