I2 Group, a renowned Intelligence Analysis software provider, announced a strategic partnership with Chainalysis, a leading blockchain data platform. The collaboration aims to strengthen I2’s link analysis platform, Analyst’s Notebook, by integrating Chainalysis’ cryptocurrency insights to better identify, predict and respond to criminal, terrorist and fraud activities. Integrations enable I2 Group and Chain Analytics clients within the public sector to seamlessly integrate blockchain data into their investigative processes.
Addressing cryptocurrency blind spots
Prior to this partnership, I2 Group Analyst’s Notebook users primarily relied on off-chain data from third-party sources, such as geospatial data. However, the increasing prevalence of cryptocurrencies in various forms of crime, including national security threats, fraud and organized crime, has highlighted the need for more comprehensive data. The integration of chain analysis data through official connectors allows analysts to merge diverse datasets with on-chain cryptocurrency data, providing enhanced insights into illicit activities and addressing critical blind spots in financial investigations.
Kevin O’Brien, President of Chainalysis Government Solutions, highlighted the growing need for law enforcement and intelligence agencies to understand illicit flows on blockchain as cryptocurrencies become more integral to the global financial system. He said, “The combination of Chainalysis’ on-chain data and I2’s link analysis platform represents a significant advance in our mission to arm public sector agencies with the comprehensive blockchain insights they need to uncover complex illicit networks.
Jamie Caffrey, Vice President of I2 Group, expressed enthusiasm for the partnership, adding that integrating on-chain data into the platform will significantly enhance the capabilities of users, especially in the public sector. Improving data and research quality.
Integrated Data Partnership
Chain Analytics customers can now purchase the Research API and integrate directly into their I2 analyst notes by entering their API key. This integration allows users to securely and efficiently access combined datasets to enhance investigative capabilities.
About chain analysis
Chainalysis is a blockchain data platform that simplifies connecting digital asset movements to real-world services. The platform helps organizations investigate illicit activities, manage risk, and develop market solutions with detailed blockchain data insights. Chain Analytics works to build trust in blockchain by fostering growth and innovation while ensuring safety and security.
About I2 group
I2 Group is a global leader in advanced visual analytics solutions operating in more than 140 countries. Its innovations empower analysts and investigators to generate actionable intelligence to combat serious threats such as crime, terrorism and fraud. Thousands of organizations around the world rely on I2 Group’s pioneering solutions for their operations.
The collaboration between I2 Group and Chain Analytics brings significant advancements in integrating blockchain data into traditional intelligence analysis, providing enhanced tools to combat illicit activities.
For more information, visit the Chainalysis website.
Image source: Shutterstock