Crystal Intelligence, a European blockchain intelligence firm, proposes integrating Polkadot into its blockchain intelligence services. The goal is to enhance the security, transparency, and regulatory compliance of Polkadot's ecosystem. Crystal’s solutions include real-time transaction monitoring, data analytics, and compliance tools across key Polkadot parachains.
The total requested budget is USD 1,375,000. Please view the full proposal here.
We've seen more than a few recent proposals, kicked off by the ambitiously priced Chainalysis proposal. Since then we’ve seen proposals built by similar firms, including Scorechain, and Global Ledger, as well as a more community native proposal by Submerge which succeeded. However, Giotto makes a valid point about Submerge’s success, there is a difference between ‘tooling’ and adoption. Tools and data analytics cover are only the basis for inclusion in this category. The value add that we seek to bring is additive to the ecosystem’s business development goals. Crystal currently works with International Law Enforcement, the Banking Sector, International Organisations such as the ECB, and the UNODC. This calibre of organisation seeks not only ‘data’ but the ability to consume the data in a way that is native to their workflow, and to have a level of trust in the data (created only through structured data gathering and presentation).
Here is a breakdown of the key elements of the proposal.
Key Benefits:
The proposal outlines three core pillars:
Polylithic Design: Polkadot’s parachain system requires Crystal to restructure its architecture to support multiple interconnected chains. Infrastructure & Data
Synchronization: Crystal will maintain real-time data across numerous parachains, adapting to Polkadot’s evolving architecture and updates.
Regulatory Challenges: Crystal will aid Polkadot in staying compliant with rapidly evolving global regulations, benefiting institutional users.
Timeline & Milestones: The project spans 12-18 months, with the integration of Polkadot into Crystal’s systems being completed in phases. Key deliverables include: · Initial integration with compliance checks (6 months). · Training and intelligence gathering for key partners (6 months). · Complete support for case management, visualization tools, and further integration (12 months — not necessarily consecutive).
Budget Justification: The requested budget covers development costs, infrastructure, intelligence services, and ongoing support. Each milestone aligns with deliverables to ensure transparency and maximize returns on investment.
This proposal positions Polkadot as a trusted, compliant, and secure ecosystem for institutions, thereby driving broader adoption while ensuring long-term scalability and security.
Crystal Intelligence is a firm that wants to help Polkadot, a blockchain system, become better in important ways. Here are the main points:
Crystal Intelligence, a European blockchain intelligence firm, proposes integrating Polkadot into its blockchain intelligence services. The goal is to enhance the security, transparency, and regulatory compliance of Polkadot's ecosystem. Crystal’s solutions include real-time transaction monitoring, data analytics, and compliance tools across key Polkadot parachains.
The total requested budget is USD 1,375,000. Please view the full proposal here.
We've seen more than a few recent proposals, kicked off by the ambitiously priced Chainalysis proposal. Since then we’ve seen proposals built by similar firms, including Scorechain, and Global Ledger, as well as a more community native proposal by Submerge which succeeded. However, Giotto makes a valid point about Submerge’s success, there is a difference between ‘tooling’ and adoption. Tools and data analytics cover are only the basis for inclusion in this category. The value add that we seek to bring is additive to the ecosystem’s business development goals. Crystal currently works with International Law Enforcement, the Banking Sector, International Organisations such as the ECB, and the UNODC. This calibre of organisation seeks not only ‘data’ but the ability to consume the data in a way that is native to their workflow, and to have a level of trust in the data (created only through structured data gathering and presentation).
Here is a breakdown of the key elements of the proposal.
Key Benefits:
The proposal outlines three core pillars:
Polylithic Design: Polkadot’s parachain system requires Crystal to restructure its architecture to support multiple interconnected chains. Infrastructure & Data
Synchronization: Crystal will maintain real-time data across numerous parachains, adapting to Polkadot’s evolving architecture and updates.
Regulatory Challenges: Crystal will aid Polkadot in staying compliant with rapidly evolving global regulations, benefiting institutional users.
Timeline & Milestones: The project spans 12-18 months, with the integration of Polkadot into Crystal’s systems being completed in phases. Key deliverables include: · Initial integration with compliance checks (6 months). · Training and intelligence gathering for key partners (6 months). · Complete support for case management, visualization tools, and further integration (12 months — not necessarily consecutive).
Budget Justification: The requested budget covers development costs, infrastructure, intelligence services, and ongoing support. Each milestone aligns with deliverables to ensure transparency and maximize returns on investment.
This proposal positions Polkadot as a trusted, compliant, and secure ecosystem for institutions, thereby driving broader adoption while ensuring long-term scalability and security.
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