PARSIQ is a distinct platform supplies direct combinations amongst blockchains, information companies, and off-chain apps, aka the real life.
With PARSIQ the intricacies are concealed, there’s no requirement to transform the wheel by constructing internal tools that are quickly accessed on PARSIQ.
Simply put, real-time blockchain complex occasions, like chain branch reorganizations, obstruct verifications, gas charge information, and the specifics of various blockchains are simple to handle with Parsiq. Anybody can construct and release blockchain to off-chain automation in minutes
Due to the fact that of this user friendly community there is no requirement for professional understanding, which implies anybody can get going connecting blockchains to off-chain tradition systems and networks.
Likewise, Parsiq environment changes the requirement to host nodes or invest cash on facilities.
PARSIQ co-founders Anatoly Ressin and Andre Kalinovski highly think that openness is essential for blockchain to attain mainstream adoption.
The crypto area need to move beyond a narrowed, although legitimate, the viewpoint of network interoperability to one that develops connection in between this unique blockchain innovation and the off-chain world it looks for to affect and change. The liveness of the blockchain need to not be lost.
Who Should Think About Utilizing PARSIQ?
PARSIQ’s development innovation allows everybody and whatever, be that people, business or gadgets, to observe blockchain occasions in real-time.
This ability enables the off-chain usage of those occasions by apps and gadgets, and as an outcome, stated occasions set off actions in any automated or semi-automated workflow environment. On a nutshell, the blockchain occasions struck the outdoors world
Another method of comprehending this would be imagining the ‘fixed’ wise agreement living on blockchains comparable to the method the web presently works, where a user needs to click a button by means of a web internet browser in order to bring alive applications saved on central servers.
PARSIQ brings life to otherwise fixed clever agreements living on blockchains waiting fruitless for a ‘push’ or a ‘pull’ of interactivity.
We can picture PARSIQ to be in some way the glue into the blockchain environment so that the performance of clever agreements can be totally made use of.
PARSIQ token (PRQ) went reside in October 2019 raising EUR1.59 million exactly throughout the most current crypto bearishness. Later on, Parsiq used a complete platform industrial release in Might2020 Presently, Series A fundraising round is continuous (closes May 2021).
Parsiq’s core designers constructed a platform where definitely anybody (coder or non-coder, private, group or business) can develop and release blockchain to off-chain connections with simply a couple of clicks or a couple of lines of code.
This simpleness counts on standardizing all chains into one quickly consumable system for users to develop blockchain to off-chain automation workflows.
Performing as a blockchain middleware, PARSIQ is an engaging option for decentralized (and centralized blockchain) jobs and business to allow their applications.
As a universal blockchain to off-chain option, PARSIQ sees not just significant use in the Web 3.0 emerging decentralized area, however likewise in the presently existing Web 2.0 area for business that are beginning to utilize blockchain as the underlying tech in the adoption stage.
The core designers of PARSIQ think it can provide worth for customers, tasks, users, and contractors comparable in scope to the worth of the underlying decentralized networks (eg. Ethereum) themselves.
Conserving cash is the primary reason that business embrace the Parsiq system. By doing this, business prevent purchasing hardware facilities or node hosting; and changes the requirement of establishing non-scalable services.
This keeps business safe from requiring additional advancement in order to track blockchains in real-time.
Parsiq’s Smart Triggers: Extendible Smart Agreements
Along with Ethereum’s Smart Contracts resolve the issue of automation within a decentralized network, PARSIQ’s Smart Triggers (which are basically blockchain to off-chain Smart Agreements) extend the performance of Smart Contracts into the outdoors world.
Numerous companies/entities will require this important piece of facilities to bridge all these networks and systems– and here is where PARSIQ is having its distinct market chance.
Presently, PARSIQ is most likely to end up being a crucial piece of facilities for blockchains by adjoining them.
Exist Alternatives to Parsiq?
PARSIQ’s offering is such that it has no direct competitors which indicates it has a big addressable market specified by those looking for to utilize dispersed ledger innovation with the least friction and expense.
Other comparable options like Polkadot and Chainlink are operating at the level of covering verticals so that blockchains can ‘talk’ to each other, however PARSIQ takes a various technique by resolving interoperability at the user level.
Up until now, PARSIQ has no direct rivals.
There are numerous crypto jobs doing numerous parts of what PARSIQ does, however none that do it all. Simply put, the PARSIQ technological technique is special in the area.
The Chart is maybe the closest rival since it is likewise a blockchain information management and facilities job.
The Chart indexes deals that have actually currently taken place and put them into a database. It then permits designers to query that information from the indexed database (i.e. pull historic information).
That is really various to PARSIQ’s method which, by method of contrast, has exposure on all the activity occurring throughout various chains (consisting of occasions that are not even noticeable from the blockchain straight) at the earliest possible level (mempool and verification levels) and permits that information to be processed according to the coded reasoning (filter/map/compute/ change).
PARSIQ then presses the info to the user in real-time in order to activate off-chain actions.
The Chart and PARSIQ’s, for that reason, take various technological methods. Each has its own usage cases. Processing live stream occasions is a method that, paired with information processing and robotic automation, is acquiring severe momentum in IT and PARSIQ is doing this for blockchain.
In the paradigm that PARSIQ operates in, it is placed as the extension of procedures such as Ethereum, Solana and even facilities jobs such as Chainlink.
Parsiq is ending up being the universal bridge linking decentralized systems with centralized non-blockchain systems.
With more than 45,000 signed up users, more than 60,000 actively released Smart-Triggers, more than $25 billion worth of deals processed, and more than 70 business partners/clients, Parsiq got its lead to end up being the middleware facilities of option when linking blockchain to real-world industrious procedures.
How to Integrate PARSIQ Into Your Service
PARSIQ presently runs as a subscription-based Software-as-a-Service (SaaS) with different membership strategies (Free, Pro, Organization, Business, depending upon usage/month).
From June 2021 the design will move to on-chain memberships, where users should hold the PARSIQ token to gain access to PARSIQ services and memberships, however without any charge for in fact utilizing the platform.
There will likewise be a circular economy of recyclable inputs and outputs by means of a brand-new Decentralized Financing (DeFi) item, the IQ Procedure, which will release in June on mainnet following the just recently revealed testnet launch.
The IQ Procedure is a stand-alone item established by PARSIQ and available to all, although PARSIQ will be the very first job to utilize the Procedure. It develops a financial design, connecting the PARSIQ Platform, the PRQ token and the Procedure. PARSIQ has 8 tasks lined up to make use of the Procedure, with more in the pipeline.
IQ Procedure is the market’s very first safe collateral-less lending/borrowing procedure (” leasing” procedure) for developing a circular economy around on-chain memberships.
It will be open-source and decentralized, created to tokenize designs, where a token/asset is needed to be held to gain access to services and functions.
If tokens are decentralized cash and properties, then IQ Procedure tokens (expirable representations of the routine token, called Power Tokens) are decentralized memberships.
Lenders will have the ability to make passive earnings by providing the tokens into the IQ Procedure swimming pool, while possible users can obtain or more precisely “lease” expirable variations of those tokens in order to access the platform and its functions (without needing to purchase them from the marketplace).
How to Start
Signing up for an account on PARSIQ website (portal.parsiq.net) needs just an e-mail.
An easy Smart-Trigger agreement can be established and released incredibly rapidly, however more intricate business or corporate-grade options might take 30-60 minutes to release.
Small companies, in addition to individual users, have a Smart-Triggers user interface purposefully basic, arranged, and available. On the other hand, big services and business are provided a devoted infrastruсture efficient in being completely tailored to their tracking applications.
4 actions to release
- Action 1: Select what to keep an eye on (set of addresses or wallets or clever agreements on any blockchain).
- Action 2: Establish transportations (shipment channels) where to provide information or which actions to carry out off-chain
- Action 3: Script conditional reasoning (how to keep an eye on, how to process that information, workflow actions etc).
- Action 4: Deploy
Note: technical paperwork, tutorials, videos, and so on are readily available on the platform (portal.parsiq.net)
Next action is to select the User’s level of ease of access from 3 choices including 1 ready-made visual design template, 2 fast monitory wizards, or 3 coding IDE (incorporated advancement environment) for designers.
Stay notified, your method
Pick how you wish to be alerted. PARSIQ can offer various shipment indicates based upon your particular requirements, from e-mails to fridge smart-screen alerts. Being these easy informs, helpful messages or raw information– you get to select how you wish to get your notices.
If you have an interest in checking it, you can run complimentary trial variations or demand a demonstration at https://www.parsiq.net/en/
Crypto Environment Feedback
The reaction from crypto individuals has actually been extremely favorable, which has actually assisted to verify the management’s belief in the industrial chances it provides to those constructing brand-new items and the last end-users of those items. Item end-users will benefit from the better quality made deliverable through leveraging PARSIQ’s platform benefits.
The task continues to make user experience enhancements and to examine ask for extra combinations and functions.
PARSIQ’s Client Sectors:
1st. Sector, B2B crypto usage cases: Web 3.0 tasks. DeFi tasks, procedures, Decentralized applications (Dapps).
second Sector, B2C crypto retail section: specific traders who utilize PARSIQ to keep an eye on whales, Uniswap swaps, liquidity swimming pools, etc to front-run, develop arbitrage bots, make trading choices, etc and private designers.
3rd. Section, Standard services: internal service procedure automation usage cases: for instance, notices, compliance, accounting, deposit processing, and so on
Who need to think about screening and more adoption:
- Traders– institutional and retail
- Crypto tasks and business
- Standard business transitioning towards blockchain as the underlying innovation
- Crypto and blockchain financiers– institutional and retail
Please click on this link for the Complete item roadmap for 2021.
Secret PARSIQ takeaways.
- Linking Web 3.0 to Web 2.0– enables decentralized networks and applications to communicate with existing central networks, applications, and tradition ‘analogue’ systems.
- PARSIQ is the universal middleware glue in between blockchains and the real life.
- Pressing forward the mass adoption of blockchain innovation by permitting interoperability in between blockchains and central systems.
- Enables entities and people of all ability levels to quickly take in, control and make blockchain information actionable.
- What Zapier provided for automation and Splunk provided for information processing, PARSIQ is providing for blockchain.
- Smart-Triggers– representations of workflows released on the PARSIQ Platform– blockchain to off-chain Smart Agreements connections to automate and start actions.
- ParsiQL– PARSIQ’s own domain-specific shows language created for designers to engage with blockchain information and to process oracles and live streams of blockchain occasions
- Reverse Oracle– blockchain information to the real life
The platform designers of PARSIQ will continue to innovate and supply enhanced abilities in the future so that the blockchain is available to all, which is an excellent objective.