Ethereum

The American blockchain analysis firm, Chainalysis, <a href="https://go.chainalysis.com/user-segmentation-guide.html?utm_campaign&#61;UserSegmentationReportthread&amp;utm_source&#61;twitter&amp;utm_medium&#61;organicsocial" rel="noopener noreferrer nofollow">released</a> a set of guidelines for “On-Chain User Segmentation for Crypto Exchanges”, shedding light on crypto firms’ strategic use of on-chain data.The blockchain analyst shared a Twitter thread on its official page inviting the crypto community’s attention to the report:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/02a9051c8e4f4e15b7f3c6f92b74b7ee.png" />In a series of tweets, Chainalysis provided deeper insights into the blockchain industry and crypto space. By providing a detailed sketch and illustrations, the platform elucidated the use of on-chain data in crypto businesses.Chainalysis asserted that Blockchains are “inherently transparent”, adding:“That doesn’t just make cryptocurrency uniquely safe and secure. It also means crypto businesses have reams of data not available in other industries, which they can use to make better business decisions.” Exemplifying “overall holdings and wallet age”, the analyst explained how the businesses could reach better decisions through on-chain data. Chainalysis briefed, “Exchanges can granularly segment their users based on wallet behaviour and make better decisions about where to focus their acquisition and retention efforts”.Read full article at <a href="https://cryptotale.org/use-of-on-chain-data-in-crypto-businesses-visions-strategic-growth/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Use of On-Chain Data in Crypto Businesses Visions Strategic Growth

CryptoTale

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