The Power of Real-Time Address Balances
Jun 20, 2023
Real-time address balances are a game-changer in blockchain applications, providing instant and accurate balance information for enhanced user experiences and decision-making.
ZettaBlock is thrilled to announce the release of Real-Time Address Balances, a game-changing solution that empowers developers, wallet solutions, and enterprises with up-to-the-second balance information for their applications.
The Significance of Real-Time Address Balances
Real-time account balances play a crucial role in various blockchain applications. From tracking user balances to driving investment decisions, the ability to access instant and accurate balance information is essential. Developers can leverage real-time balances to create engaging wallet and portfolio tracking applications, enhancing user experiences.
ZettaBlock's Real-Time Address Balances solution offers several key features and benefits to developers:
Native and ERC-20 Account Balances: Developers now have the ability to access both native account balances and ERC-20 token balances. Developers can seamlessly integrate these balances into wallet and portfolio tracking applications, offering users a comprehensive view of their assets. This opens up new possibilities for managing and monitoring diverse cryptocurrency holdings in real time.
Data freshness is prioritized to ensure developers have access to the most up-to-date balance information available. On average, the data can be accessed within low single-digit seconds of block confirmation. This means that developers can rely on near-instantaneous updates, keeping users informed and empowered to make timely investment decisions based on the latest balance data.
API Latency: The super low-latency API enables developers to retrieve balance data with exceptional speed. With low API latency, developers can create highly interactive and seamless user experiences, enhancing user engagement and satisfaction.
Future Improvement Plans: Future iterations will help bring down the latency even further.
Unlocking Opportunities: Real-Time Address Balances for All
Previously, developers, wallet-solutions and enterprises had to build and maintain their own balance-indexing infrastructure or make costly calls to obtain the information. Such in-house solutions are not only expensive, but also require a lot of maintenance hours.
Now, there is no need for complex and costly in-house infrastructures. ZettaBlock's Real-Time Address Balances solution offers immense benefits to various stakeholders within the blockchain ecosystem:
Developers: With instant access to real-time address balances, developers can create innovative applications without the complexity of building and maintaining their own balance-indexing infrastructure, or rely on node calls for every single wallet/address and token address combination. They can focus on delivering engaging user experiences and unlocking new business opportunities.
Wallet and Portfolio Tracking Applications: Real-time address balances enable these applications to provide users with the most accurate and up-to-date balance information. This enhances user trust, engagement, and decision-making.
Financial Institutions and Enterprises: Industries such as finance, accounting, supply chain management, and more can leverage real-time address balances to enhance operational efficiency, enable secure transactions, and ensure accurate financial reporting.
Real-time address balances are a game-changer for blockchain applications, enabling instant insights and dynamic user experiences. ZettaBlock's Real-Time Address Balances solution addresses the technical challenges associated with accessing and utilizing real-time balance data, providing developers with a powerful tool for innovation. With accurate and up-to-the-second balance information, developers can create applications that redefine the possibilities of blockchain technology.
To learn more about ZettaBlock's Real-Time Address Balances, visit zettablock.com, and follow @ZettaBlockHQ on Twitter.