What is PARSIQ?

PARSIQ is a blockchain monitoring and automation platform that enables real-time data tracking, analytics, and smart contract integrations across multiple blockchains. Launched in 2019, PARSIQ provides on-chain event tracking and automated workflows, helping businesses, developers, and DeFi applications monitor transactions and trigger actions based on blockchain activity.

PARSIQ's native token, PRQ, is used for governance, payments, and accessing advanced platform features.

How is PARSIQ useful?

PARSIQ enhances blockchain intelligence and automation, allowing users to track on-chain data, detect anomalies, and integrate blockchain events with off-chain applications like messaging systems, financial platforms, and cloud services. PARSIQ is widely used in DeFi, trading, compliance, and security monitoring, enabling institutions and developers to set up real-time alerts, automate responses, and improve decision-making.

The PRQ token facilitates subscription-based access, governance voting, and staking rewards within the platform.

How does PARSIQ work?

PARSIQ operates as a middleware layer between blockchains and external applications, using smart triggers (Smart Triggers) to monitor transactions, detect events, and execute automated actions. Users can configure customized alerts and workflows that react to on-chain activity in real time.

PARSIQ supports multi-chain compatibility, including Ethereum, Binance Smart Chain, Solana, and others, ensuring seamless blockchain data tracking. The PRQ token is used to unlock premium analytics, stake for ecosystem participation, and govern platform upgrades.

PARSIQ milestones

• Launch of Real-Time Blockchain Monitoring: Enabled automated tracking and response to on-chain events.

• Integration with Multiple Blockchains: Expanded support to Ethereum, BSC, Solana, and other networks.

• Introduction of Smart Triggers: Enabled event-based automation and notifications.

• Enterprise Adoption and DeFi Integration: Partnered with financial institutions and blockchain projects for enhanced analytics.

• Governance and Token Utility Expansion: Enhanced PRQ token staking, governance, and platform incentives.

PARSIQ continues to bridge blockchain data with real-world applications, offering powerful monitoring, automation, and analytics tools for DeFi, security, and institutional adoption.

Buy PARSIQ (PRQ) on BITmarkets.