Real-Time Notifier for Blockchain Events

Blockchain technology gained much traction in the last few years. These decentralized databases offer security, immutability, and scalability across various applications. Decentralized applications generate vast amounts of data, known as events, that are recorded on the blockchain and are public to anyone. Some people may see opportunities for financial gains in these events and would like to know when they occur. This paper proposes a solution to process and deliver those events as real-time alerts to the users. It uses existing technologies such as message queues, multithreading, and asynchronous processing and integrates them into a scalable architecture. The results we achieved in this paper show that for an evenly distributed network traffic, which does not entirely consists of transaction bursts, the proposed solution offers reliability, efficiency, and a suitable delivery time to those wishing to integrate it into their projects. With time, this solution, or improved architectures, may form the basis of the following big-data architectures for processing blockchain events.