Blockchain monitoring and analytics company recognized as interesting, new and innovative
BlocWatch, the enterprise blockchain analytics and monitoring platform, has been designated by Gartner as a Cool Vendor in the May 2020 Cool Vendors in Blockchain Technology report. Users employ BlocWatch to monitor, analyze, validate and secure their blockchain implementations.
“Blockchain management is a complex task,” the report states. “A single blockchain might need to process tens of thousands or even hundreds of thousands of transactions per day. Native blockchain monitoring tools in Ethereum, Hyperledger, and other open-source distributed ledger technologies (DLTs) can provide some visibility into blockchain network performance. Yet each of these tools offers limited scope and users would need to combine, customize and maintain them to get a full look into chain activity and performance.”*
BlocWatch’s advanced analytics system integrates seamlessly with blockchain platforms and eliminates the need to manage multiple tools - native or otherwise - to get a complete picture of chain activity. The platform’s customizable web-based dashboards, automated alerts, best practice checks, and detailed analytics of key metrics make it easy to ensure that blockchains run the way they should; that users get the performance, compliance and security they need and expect from their network.
By providing full visibility into a blockchain network, BlocWatch empowers users to improve chain performance. According to Gartner, “Latent and failed transactions are among the most notable effects that network errors can have on a blockchain. Tracking these transaction errors and developing a strategy to mitigate them can improve the chain’s reliability and user experience.”* Users rely on the insights provided by BlocWatch to address problems as they happen.
“It’s exciting to be labeled a Cool Vendor by Gartner,” CEO of BlocWatch Aaron Klein says. “Our inclusion in the report confirms that a consolidated source providing comprehensive visibility and analysis of on-chain activity is key to resolving issues and successfully managing blockchain implementations. We believe Gartner finds our tools to be interesting and innovative because we help businesses maximize the value of their blockchain network.”
Gartner clients may access the full report here.
*Gartner, “Cool Vendors in Blockchain Technology,” Adrian Leow, Avivah Litan, David Mahdi, 21 May 2020.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. The GARTNER COOL VENDOR badge is a trademark and service mark of Gartner, Inc., and/or its affiliates, and is used herein with permission.
BlocWatch was founded by a team of software developers in 2018 and currently supports networks built on Hyperledger Fabric, Ethereum, and Quorum. Through its enterprise-ready blockchain monitoring platform, BlocWatch provides complete visibility around operational metrics, smart contract status, user configurations, chain security, and more. Pre-built and user-defined activity alerting, along with a library of best practices, ensure improved blockchain security. The platform is delivered globally as a SaaS service with its headquarters in Rochester, NY, and satellite offices in Reno, Nevada, Seattle, Washington, the United Kingdom and Argentina.