In recent years, blockchain explorers have made notable progress, and the emergence of generative artificial intelligence (AI) has further enhanced their functionality. Highlighted below are two prominent blockchain explorers that have adopted AI to convert complex transaction data into formats easily understood by users.
Generative AI has been transformative across various fields—ranging from visual creation and content enhancement to simplifying web development—and has now extended its influence to the blockchain industry. Developers have integrated this technology into the user interfaces of two blockchain explorer platforms.Among them is Arkham Intelligence, a blockchain analytics platform developed to make complex on-chain data more accessible across multiple networks, including Bitcoin, Ethereum, BNB Chain, Tron, Avalanche, Base, Arbitrum, Polygon, Optimism, and others.
Arkham uses AI-powered techniques to conduct transaction analysis and entity recognition, processing both on-chain and off-chain data to associate wallet addresses with identifiable real-world entities. For instance, in a recent transaction through Binance, Arkham’s AI determined that a particular address received 0.3065368295589717 BNB in exchange for WBNB Token, then forwarded the same amount to Pancakeswap Router v2, ultimately reaching the signer—an action accompanied by a withdrawal instruction.
AI tools now offer a clear summary of the addresses involved. This helps blockchain investigators quickly find real-world identities, combine on-chain and external data, and track funds across many networks. As a result, they don’t have to check each block manually, which saves time and speeds up their work. To make this process even easier, developers created Blockchair—a multi-chain explorer that works with 48 different blockchain networks.
From Investigation to Insight: The Role of AI in Revolutionizing Blockchain Exploration
An AI assistant has also been incorporated into Blockchair. Users are welcomed with the message, “Hi! I’m Cuborg, your AI Assistant. How can I help you today? It looks like you’re viewing a transaction. Feel free to ask me anything about it!” When reviewing a specific Bitcoin transaction—such as one involving a long-inactive address created on May 22, 2017, that transferred 94.729 BTC for the first time in nearly eight years at block height 895,197—Cuborg is able to provide a comprehensive explanation.
As AI-powered tools keep improving, users no longer need to spend hours analyzing blockchain data. Instead, they can ask simple questions and get useful answers in seconds. This change is raising the bar for openness across all blockchain systems, pushing exchanges, platforms, and even governments to act as if their transactions are always visible. With this easier access to information, markets could become more fair, and more people might start using blockchain in the near future.
However, being very open creates a tricky situation: the same AI tools that help honest users can also help bad actors take advantage of them. As tracking methods get better, more users may start using privacy coins, mixing services, zero-knowledge tools, or other systems to hide their transactions. Experts say that protecting privacy—and the tools that help keep it—is a basic human right. Still, since most big blockchains are open to everyone, this right can backfire, as trying to stay transparent often means giving up personal privacy.