AnChain.AI Secure CBDC

AnChain.AI

Inspiration

Problem 1: Massive Amount of Blockchain Data

Millions of wallets and tokens
Blockchain Ecosystem data (VASP, DeFi, NFT…)
Open Source Intelligence Data
Government Sanction Data

Problem 2: Hard to Extract Data Insights

Data insights for regulatory needs, fraud detection, market manipulation, digital asset disclosure
Vertical domain data solution: ex. CBDC wash trading
Predictive analytics and AI powered applications

Exchanging large data files via emails won’t work. We need a more more modern analytics platform for financial regulations.

What it does

AnChain.AI CBDC Secure is a Big Data Analytics Product designed for the safe issuance and monitoring of CBDCs.

It enables institutions:

To conduct automated AML/KYC checks on individual wallets
To ingest blockchain data (including specific CBDC and hooks data) into data lakes, with market insights, OSINT, and off-chain data.
Conduct real time analytics for market surveillance and risk monitoring.
Drive insights from AI / Machine Learning models for behavioral analytics, including on cross-chain transactions coming to or leaving the XRPL.
Run ad hoc queries to answer complex analytics questions (ex. What percentage of transactions involving CBDCs were suspicious/potentially high risk?)

How we built it

Using AnChain.AI proprietary AI models to identify suspicious behaviors, entity risk, and market manipulation. Built on AWS using a modern tech stack.

Challenges we ran into

Ingesting and storing such large quantities of data is computationally and financially expensive. Our proprietary AI model are years in the making and took a long time to train and fine tune.

Accomplishments that we're proud of

The same AI models we built are supporting some of the major regulatory agencies and enterprises today.

What we learned

Building a safe and trusted environment where to operate takes time. Headlines of hacked or fraudulent companies set the industry back. We believe a bigger focus on security and compliance will help the space mature, which is why our energies are focused here.