PAID x PARSIQ — A partnership for continued security

PAID Network is excited to announce our strategic partnership with PARSIQ, the software platform that connects real-time blockchain transactions, data and events with various apps, communication channels and web services in order to trigger one or many automations. We have worked closely with PARSIQ in the recent days calling on their expertise to plan and execute our PAID V2 launch. Their data-mining capabilities and support have been invaluable to the launch, so we couldn’t be prouder to have them as a new partner!

Kyle Chasse, CEO & Founder of PAID Network had the following to say:

“I have known and collaborated with some of PARSIQ’s team members for years, collaborating with them on various projects in the blockchain space, but it was after seeing how they swept in so swiftly with their data-mining skills and support I was compelled to bring them on board as data strategic partners. Having them on our side will help ensure PAID’s ongoing development and success. ”

Accelerating the mass adoption of blockchain technology

PARSIQ, connects blockchain activity to off-chain apps or devices, and provides ways to monitor and secure DeFi applications. Their ultimate goal is to accelerate the mass adoption of blockchain technology, and to provide everyone the ability to understand blockchain and manage blockchain streams. PARSIQ is making it easier to integrate blockchain infrastructures into existing businesses. PARSIQ will automate workflows that you currently handle manually and aggregate data that you look up from different sources. It is not only capable of monitoring blockchain transactions, but also enriching them with off-chain data like fiat rate and a risk score. Users can transform and aggregate the data for it to be delivered to their off-chain application of choice.

PARSIQ as PAID’s official partner, will be an integral part of our crisis management and response team. Furthermore, PAID will be using PARSIQ’s data mining and aggregation expertise to further streamline backend operations for the PAID ecosystem.

About PARSIQ

PARSIQ is a software platform that connects real-time blockchain transactions, data and events with various apps, communication channels and web services in order to trigger one or many automations.

About PAID Network

PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.

PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts in order to execute DeFi transactions and business agreements seamlessly.

PAID streamlines backend legal operations with SMART Agreements, so that projects can focus on making their brand bigger and better.

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