BlocWatch is proud to announce becoming a part of the growing community of global Hyperledger enterprise blockchain members. Some key supporting members include IBM, Microsoft, JPMorgan, Accenture, American Express, FedEx, and Oracle. We believe that working with companies like Hyperledger will aide in the overall adoption of blockchain technologies. The importance of collaboration among companies in the Blockchain space can not be emphasized enough if we wish to continue to see an upward trend of in-production application use cases.
Hyperledger recently announced the much-anticipated release of its latest project: Avalon. Avalon represents a trusted computing framework and, by extension, a leap forward in addressing the key blockchain issues of scalability and confidentiality. Before Avalon, users often addressed these issues by conducting the relevant transactions off-chain. That choice represented a trade-off where users sacrificed transparency which is gained through on-chain transaction for off-chain transactional speed and security.
BlocWatch, the leading enterprise blockchain monitoring, analytics, and security company, announces the closing of a $5.5 million funding round. The funds will be deployed to help BlocWatch expand its blockchain management platform used for enterprise implementations of Hyperledger Fabric, Ethereum, and Corda.