Blockchain technology solution provider Bloq has announced its acquisition of Skry, a pioneer in blockchain analytics, to enhance its suite of analysis tools and assist the firm in maximizing the value of blockchain data sets through artificial intelligence and machine learning. Bloq focusses on building and scaling blockchain networks for large global companies. The transaction, which closed on February 24th, is Bloq’s first acquisition and includes all of Skry’s intellectual property and team.
Jeff Garzik, CEO and Co-founder of Bloq, explained: “Blockchain networks need more than a rudimentary finder or explorer. We’re ensuring that enterprises won’t have to ‘fly blind’ without a complete understanding of the performance, economics and irregularities of their underlying networks.”