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With Alchemy, you can get real-time notifications about cryptocurrency transactions

June 9, 2020

One of the traditions of the crypto community it could soon become obsolete. Alchemy, a blockchain development platform, will launch Alchemy Notify, a tool for Messages that could mean for developers to update your favorite block explorer repeatedly until the transaction is confirmed.

The user experience is one of the most ridiculous aspects the crypto industry, and critics claim that the complicated nature of transactions and the time required for many blockchain protocols When completed, it means that the cryptocurrency will never find conventional acceptance.

But along with events like earned interest, in-game promotions, burned tokens, NFT offers (unusable tokens) and canceled transactions, confirmation notifications You could make it a lot less difficult for users to interact with blockchain applications.

With Alchemy, you can get real-time notifications about cryptocurrency transactionsWith Alchemy, you can get real-time notifications about cryptocurrency transactions

MyEtherWallet’s Kosala Hemachandra said that “push notifications They are an indispensable part having the user experience that the community demands, “and continued that they are” critical to the prosperity of the entire dApp ecosystem. “

While many companies are looking for ways to solve these problems, Alchemy CEO Nikil Viswanathan turned to users to find the problem.

“Create simple and understandable products that are accessible to the average user is the key to the success of the blockchain industry. At Alchemy, we focus on providing developers the skills they need to create these intuitive user experiences. “

Get aggressive with blockchain developers

Alchemy cites a study by Airship research company that was analyzed Data from 63 million app users to understand how they interacted with applications. Users who received a notification within the first 90 days after installing an app They were almost 300% more likely to continue using the app. while Daily notifications resulted in 820% higher retention rates. In the productivity category, which includes task-related apps, retention for recipients of daily notifications was 460% higher than for those who did not receive anything.

Viswanathan and his team believe this research shows this Cryptocurrency users will continue to focus more on dApps and the applications that offer the service.

Joe Lau, chief technology officer at Alchemy, said:

“In hundreds of conversations with developers, we have found that this critical component is a major problem for an excellent user experience. Alchemy Notify is designed to make blockchain products as simple and easy to use as web applications / traditional phones. That is the essence of Alchemy : listening to our customers and empowering them to develop great products. “

The Alchemy developer platform supports the blockchain infrastructure for leading ecosystem teams such as CryptoKitties, OpenSea, Kyber, 0x, Binance Wallet, Gods Unchained, Opera and Maker. The enterprise It was supported by Pantera Capital, Coinbase and Stanford University.… and among its investors. are the businessman Charles Schwab, actor Will Smith, president of Alphabet: John Hennessy and musician Jay Z.

The screenshots below are examples of what Alchemy Notify will look like with the first customers who are currently working on product integration: