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Blockdaemon, empowers businesses to quickly deploy and iterate innovative blockchain applications. They aim to reduce the complexity of working with blockchains through quick and easy deployment, monitoring for high availability, and quality of service with enterprise-grade security.The idea for Blockdaemon originated from the founder, Konstantin Richter’s experience running Ethereum nodes in 2017, and the realization that doing so was very difficult with the existing infrastructure at the time—none of the conventional cloud-formation tools available in the market could cater to the blockchain.  Blockdaemon’s node management platform helps auto-scale blockchain networks securely with enhanced monitoring, back-up systems, HA clusters, APIs, and cloud-managed node monitoring of on-premises solutions. The firm currently employees over 180 people, with their head quarters located in Los Angeles.