BTCS announces the launch of ChainQ, its blockchain analytics platform designed to revolutionize the exploration and comprehension of certain blockchain data. ChainQ represents a significant leap forward in simplifying the access, querying, and analysis of blockchain data, empowering users with unprecedented accessibility and insights. “ChainQ signifies our commitment to innovation in the blockchain space,” said Charles Allen, CEO of BTCS. “We’re thrilled to introduce this cutting-edge platform that merges the power of artificial intelligence with advanced search functionalities to offer users an intuitive and comprehensive solution to navigate blockchain data. The initial beta version of ChainQ supports indexed data from the Cosmos blockchain network. While we are launching with data from Cosmos, a smaller blockchain by market cap, its complexity sets the stage for expansion into larger and less complex chains with more holders and broader market awareness. As global cryptocurrency ownership increased by 34% in 2023, rising from 432 million in January 2023 to 580 million in December 20231, we see a vast and growing addressable market for our solutions.”
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