Envisaging the patterns in Blockchain

Cryptocurrency is becoming more mainstream, and experts predict that its market size will reach dollar 2.2 trillion by 2026. However, it’s also an intangible and highly volatile asset that poses significant challenges for governments, anti-money laundering analysts, and financial crime investigators. Compliance with strict regulations is also a challenge facing virtual asset service providers. The price of Bitcoin hit an all-time high in January 2021, making headlines worldwide. As the popularity of cryptocurrency continues to grow, AML analysts and financial crime investigators face tougher challenges. VASPs are under pressure to comply with tighter regulations, and both parties need to take a proactive approach. Bitcoin visualization is a solution that involves visualizing a Bitcoin block, enabling analysts to clarify complex and dense blocks of transaction data quickly to identify high-risk activity. Instead of looking at historic Bitcoin transactions, analysts can now examine Bitcoin activity in real-time using a powerful Bitcoin network visualization chart showing key connections, combined with a dedicated Bitcoin timeline view featuring precise transaction details as they occur. We conducted a thorough and quantitative assessment of 76 analytics tools, including those proposed in academic research and those endorsed by professionals and blockchain enthusiasts online, to provide a comprehensive analysis of the facets of blockchain data that have been thoroughly investigated. We also identified areas that warrant further exploration in future research.