PARSIQ (PRQ) Price, Charts, Market Capitalization

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PARSIQ (PRQ) – A Comprehensive Guide

PARSIQ (PRQ) is an innovative blockchain monitoring and automation platform that enables real-time monitoring, analysis, and processing of blockchain data. Launched in 2018, the PARSIQ platform is designed to help developers, enterprises, and organizations to gain greater insights into blockchain transactions, and to automate processes based on this information.

History of PARSIQ

PARSIQ was founded by a team of blockchain enthusiasts and entrepreneurs, including Andre Kalinowski, Ilya Smagin, and Sergey Kovalenko. The company’s vision was to create a platform that could help organizations to unlock the full potential of blockchain technology by providing real-time monitoring, analysis, and automation capabilities.

The PARSIQ platform was officially launched in 2019, and since then, it has gained significant popularity among developers and enterprises. The company has also raised significant funding from investors, including $2 million in a seed funding round in July 2019, and $3 million in a private token sale in February 2021.

Purpose of PARSIQ

The primary purpose of PARSIQ is to help organizations to gain greater visibility and control over their blockchain-based systems. The platform provides a range of tools and features that enable real-time monitoring, analysis, and processing of blockchain data, which can be used to automate various processes, such as smart contract execution, security monitoring, and transaction verification.

One of the key benefits of using PARSIQ is that it enables organizations to track blockchain transactions in real-time and to respond quickly to any anomalies or issues. This can help to improve the overall security and reliability of blockchain-based systems, and can also help to reduce the risk of fraud or other malicious activities.

Technology of PARSIQ

The PARSIQ platform is built using a range of cutting-edge technologies, including machine learning, artificial intelligence, and blockchain. The platform is designed to be highly scalable and flexible, and can be easily customized to meet the specific needs of different organizations and industries.

One of the key technologies used by PARSIQ is its proprietary “smart triggers” feature, which enables users to define custom rules and conditions for monitoring and automating blockchain-based systems. These triggers can be set up to perform a range of actions, such as sending alerts, executing smart contracts, and triggering payments.

In addition to its smart triggers feature, PARSIQ also provides a range of other tools and features, including a real-time data stream processing engine, a custom scripting language, and a range of APIs and SDKs.

Market Value of PARSIQ

As of May 2023, the market value of PARSIQ (PRQ) is approximately $220 million USD, with a circulating supply of around 150 million tokens. The PRQ token is currently listed on a range of popular cryptocurrency exchanges, including Binance, Bitfinex, and KuCoin.

One of the key factors driving the growth of PARSIQ is its ability to provide real-time monitoring and automation capabilities for blockchain-based systems. As the adoption of blockchain technology continues to grow, the demand for solutions like PARSIQ is likely to increase, which could drive further growth and adoption of the platform.

Pros and Cons of PARSIQ

Like any technology platform, PARSIQ has its own set of pros and cons, which are important to consider before using the platform.

Pros:

• Real-time monitoring and automation capabilities for blockchain-based systems
• Customizable triggers and rules for automating processes
• Highly scalable and flexible platform
• Built using cutting

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About PARSIQ (PRQ)

Contract	0x362bc847a3a9637d3af6624eec853618a43ed7d2
Website	https://www.parsiq.net/
Explorers	Etherscan,ethplorer
Community	Twitter Facebook
API idd	parsiq

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