Algorand Blockchain Users to Receive Access to Metrika’s Operational Intelligence Platform July 12, 2022 July 12, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsJuly 12, 2022 by Kelly Cromley

Algorand Blockchain Users to Receive Access to Metrika’s Operational Intelligence Platform

Metrika, the firm specializing in operational insight for blockchain systems, has just revealed a community infrastructure contract that will give users of the Algorand platform open and unlimited access to to use Metrika’s industry-leading framework to track, evaluate performance, and enjoy free real-time notifications for the Algorand system. This incorporation will establish a better bar for the consistency and trustworthiness of blockchain technology and will rewrite the level of robustness, capabilities, and operational effectiveness by using Metrika’s sophisticated capabilities.

Metrika offers the sole operational analytics tool for blockchain systems and apps in the market. These applications include crypto and gaming products, both of which need continual optimum performance. Blockchain groups, node drivers, and applications can attain the exposure, actionable data, and mechanisms they need to uphold the efficiency of the overall platform and guarantee continued trust by utilizing the Metrika Insights framework. This is especially important as the blockchain continues to become even more decentralized and spread.

A pioneering top-notch blockchain, Algorand is advancing the confluence between established economic systems and decentralized ones. At the moment, over 2,000 businesses all over the world are making use of Algorand. These businesses include Circle, the Drone Racing League, Limewire, and PlanetWatch, amongst many others. These businesses use Algorand to facilitate huge volumes of trades while keeping the peak levels of performance. Following its Mainnet launch three years before, the Algorand blockchain has accomplished a feat that is very unusual in the blockchain industry: it has not had a single instance of network outages.

Paul Riegle, Chief Product Officer at Algorand, said “Algorand is recognized as among the most notable tier 1 blockchains because to its ridiculous speeds, low latency, rapid finality, and 100 percent uptime ever since introduction. The network tracking and alerting abilities offered by Metrika have been of tremendous assistance in the never-ending mission to achieve and maintain an uptime of one hundred percent. The fact that Metrika’s tools are now available to the whole Algorand ecosystem is unquestionably beneficial. These tools provide a significant amount of deep operational information as well as blockchain community trust to any facility or offering that is developed on Algorand.”

Metrika now provides end-to-end insight into the operational health of the blockchain system, in addition to information through community notifications and dashboards, and this latest product makes it possible for anybody inside Algorand’s thriving environment to take use of it.

Nikos Andrikogiannopoulos, CEO of Metrika, said “As blockchain networks expand, their level of decentralization will increase. When it boils down to ensuring the continued good health of the network and retaining users’ faith in it, this presents the community with a number of critical issues. The fact that Algorand is using the Metrika platform to track and contribute to the management of the performance of its whole network makes us really happy. Because of this improved integration, Algorand is able to maintain its concentration on developing the most cutting-edge technology possible while still pursuing the expansion of its network.”

Metrika was established in Cambridge, Massachusetts, as a result of an intense dedication to the development of blockchain systems that are reliable even as their capacities increase for web3. Metrika is currently collaborating with some of the most influential blockchain networks and industry groups, including Algorand, the Algorand Foundation, Dapper Labs, the Flow Foundation, Hedera Hashgraph, the HBAR Foundation, Axelar, IDB Lab, LACChain, Blockdaemon, Hyperledger Besu, ConsenSys, ConsenSys Quorum, the Blockchain Association, the Blockchain Business Council, and many others.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.