Jeff Garzik's Bloq acquires Skry for machine learning and AI blockchain data analytics

Bloq, the blockchain studio led by Jeff Garzik, has acquired Skry, a pioneer in blockchain analytics, to enhance its suite of analysis tools. The move will maximise the value of blockchain data sets through artificial intelligence and machine learning, said a statement. The transaction, which closed on February 24, is Bloq's first acquisition and includes all of Skry's intellectual property and team. Jeff Garzik, CEO and co-founder of Bloq, said: "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."