ConsenSys eyes Web3 notification service refinement with Hal acquisition

Blockchain technology services provider ConsenSys acquired Hal, a no-code blockchain development tooling platform, to disrupt alerts and notifications at the protocol level in Web3.

The acquisition will allow ConsenSysโ€™ Web3 API provider Infura to integrate Halโ€™s configurable webhooks or notification service in its developer stack. As a result, the move will help developers create alerts and notifications at the protocol level for various signals.

According to ConsenSys, Infura offers a suite of tools to connect apps, which the developer community can use to connect apps to the Ethereum network and other decentralized platforms.

A workflow showing how Infura facilitates access to Web3. Source: ConsenSys

Infura co-founder Eleazar Galano revealed the company intends to fill the gaps in the building process of apps for the crypto ecosystem. Speaking about ConsenSysโ€™ acquisition of Hal, Galano stated:ย 

โ€œEnabling developers a seamless end-to-end experience is a key goal and one of the most important trends is low code / no code solutions.โ€

In February 2022, ConsenSys acquired Ethereum wallet interface provider MyCrypto to improve the security of MetaMask and its user experience.ย 

ConsenSys acquired Hal to build upon this year-old initiative and enable MetaMask to offer a dynamic, personalized notification system.

Related: ConsenSys founder โ€˜bullishโ€™ on Ethereum following crypto winter performance

ConsenSys CEO Joe Lubin recently told Cointelegraph that โ€œweโ€™ve retained virtually all of our capabilitiesโ€ despite having to lay off 11% of its workforce.

Lubin highlighted concerns around raising cash in the crypto ecosystem at the Web3 builder-focused event, Building Blocks 23, in Tel Aviv, Israel. He added:

โ€œAnd VCs are not kind and generous. Theyโ€™re going to withhold until some sort of shakeout happens in the tech space, I believe.โ€

Regarding the job cuts, Lubin believes ConsenSys is now in a stronger position to withstand unforeseen global economic troubles.