TechFlow, May 26 — The Shanghai stop of OKLink's "Star Path Initiative" series salon concluded successfully. At the event, Michael, Vice President of OKLink, stated that blockchain, together with technologies such as IoT and 5G, and artificial intelligence, collectively form the core technologies of the "new infrastructure" in the era of smart economy. Blockchain itself boasts fundamental advantages including high fault tolerance, immutability, dynamic network scalability, and expandable permission control, giving it core strengths in data application and data security, with broad applicability across numerous scenarios such as energy conservation and emissions reduction, autonomous driving, voting elections, and crime fighting.
In recent years, global cryptocurrency-related crimes have surged. China became the second-highest country globally for virtual currency crime cases in 2020. To assist law enforcement, prosecution, and judicial authorities in combating crypto-related crimes, OKLink launched its product "On-Chain Eye," which deeply integrates "blockchain + big data" technology. Covering widely used cryptocurrencies such as Bitcoin, Tether (USDT), and Ethereum, the tool leverages billions of address labels and aligns closely with frontline investigators' operational needs. Since September 2020, OKLink's On-Chain Eye has achieved remarkable results, assisting police forces in Inner Mongolia, Sichuan, Shaanxi, Shandong, Jiangsu, Zhejiang, and other regions to solve cryptocurrency crime cases and successfully recover assets worth tens of billions of yuan.
