Place/Date: Tallinn, Estonia - October 11th, 2021 at 2:00 pm UTC · 3 min read
Contact: Francis Foster, Communications Lead, Source: PARSIQ
Cryptocurrency platform PARSIQ has secured over four dozen strategic partnerships throughout 2021. Through the PARSIQ suite of tools, users can connect blockchain activity to various ecosystems or off-chain devices and applications. Additionally, the tools allow for monitoring DeFi applications and setting up customized event triggers or real-time automation.
This functionality is accessible through PARSIQ’s PRQ token, effectively introducing the first subscription-as-a-service model to a broad audience. Moreover, the ongoing growth of PARSIQ’s list of partners makes it more straightforward to explore these options in a real-world environment. Both users and businesses can explore many potential implementations and how they can impact day-to-day flow.
PARSIQ CEO Tom Tirman comments on the 2021 strategic partnerships:
“This milestone is symbolic of the huge potential for on-chain monitoring and automation in both the crypto and trad-fi space. A potential which we’re seeing fulfilled by the rapid expansion of users and use-cases on the PARSIQ platform. We’ve seen a proliferation of on-chain informed automated decision making across workflow improvement, compliance and risk management, finance and accounting, and IDO analytics, to name a few. New partnerships will continue to be announced alongside rapid product development, giving PARSIQ users exponentially greater ability to orchestrate their actions with multiple sources of on-chain data in real-time.”
The list of strategic partnerships for PARSIQ includes well-known projects and service providers, including AAVE, OKEx, Solana, Chainlink, Polkadot, UnoRe, Mysterium Network, PancakeSwap, and deBridge, to name a few. Inking over four dozen strategic partnerships in one year is an impressive feat. The PARSIQ team hopes to keep building on this momentum over the coming years.
Over the years, PARSIQ has formed many strategic partnerships and alliances. The project’s technology has hooks and ties to many popular projects and protocols in the crypto space. Early-stage partners include Algorand, Dash, Bitfury Crystal, AllianceBlock, SuperFarm, and others. The technology provided by PARSIQ lends itself to a growing range of use cases, including AML and KYT process, DeFi, and TradFi.
2021 Has been a good year for the PARSIQ team. The 50 strategic partnerships are a major milestone. Additionally, the team raised $3 million through an investment round led by the Solana Foundation and Axia8 Ventures. Other investors include Krypital Group, Transfero Swiss, Sanctum Ventures, CoinUnited, Mindworks VC, Elevate Ventures, and others.
PARSIQ is a blockchain monitoring and workflow automation platform connecting on-chain and off-chain applications in real-time, providing transaction notifications for end-users. With PARSIQ you can connect blockchain activity to off-chain apps and devices, monitor and secure DeFi applications, and build custom event triggers and power real-time automations.
PARSIQ (PRQ) has been listed on the OKEx exchange since January 2021 and the KuCoin Exchange since May 2021.