Chainalysis is excited to announce support for Kaia, a highly optimized blockchain “designed to meet enterprise-grade reliability and performance standards, especially for superapps”. Kaia is EVM-compatible, enabling Ethereum developers to easily port applications over to the Kaia ecosystem.
Strengths of Kaia feature immediate finality for transactions, high transaction processing speed for real-world use cases, and low operational costs for blockchain applications. These allow users to engage with its Web3 protocols seamlessly, accelerating Web3 mass adoption across various industries. Core specs also include a 1-second block generation and confirmation, the capability of processing up to 4,000 transactions per second, and low gas fees – approximately 1/10 of Ethereum’s.
With this integration, Chainalysis offers automatic token support for new fungible and non-fungible tokens for the major relevant standards as soon as they are minted on Kaia. Chainalysis KYT (Know Your Transaction) can now risk Kaia transactions with actionable alerts and continuous monitoring to identify high-risk behaviors and prevent suspicious activities.
Kaia will also be available in our entity screening products, allowing for the screening of wallet addresses. Additionally, our flagship investigations product, Reactor, now enables customers to investigate the flow of funds across Kaia, completing investigative workflows for tracing transactions, visualizing fund movements, and identifying potential illicit activity.
The post Chainalysis Integrates with Kaia appeared first on Chainalysis.
