Following a successful testing phase, PARSIQ has integrated the Polygon Ecosystem into its network. PARSIQ now enables users of the Polygon blockchain to access its data in real time, providing immediate feedback and allowing for important monitoring solutions.
PARSIQ monitoring solutions are now live on the Polygon Ecosystem. With impressive growth in its popularity, as well as the speed and cost-efficiency of its transactions, the Polygon blockchain makes for an excellent space for PARSIQ to expand. This integration will further prove the integrity and robustness of both Polygon and PARSIQ.
PARSIQ + Polygon
With PARSIQ’s technology launching on Polygon, users can now monitor the Polygon Ecosystem, with all it has to offer. But this is not just static monitoring. PARSIQ also allows users of Polygon to create custom, user-defined actions out of the data that is streaming in real time. This integration will further boost the Polygon Ecosystem by allowing more projects to collect their on-chain data in real time, without the need for their own infrastructure. All of this is made possible thanks to “Smart Triggers”, a term coined—and a technology developed —by PARSIQ.
PARSIQ introduced Smart Triggers to the world of blockchain, allowing for real-time, on-chain data or events to trigger various, predefined actions both on-chain and off-chain. For this reason, PARSIQ is often thought of as providing a “reverse oracle” solution: its technology allows developers to easily gather data, automate workflows, and create endless ways of allowing blockchain activity to trigger actions on real world applications. Importantly, Smart Triggers can be fully integrated and automated into one’s workflows, creating a seamless channel in which to work, greatly reducing one’s workload as a whole. Smart Triggers are rooted in ParsiQL, PARSIQ’s simplified coding language. Because of its ease of use, Smart Triggers are not only flexible in nature and fully customizable, but they are also easy to understand and create. In fact, one does not require a background in coding to program a custom Smart Trigger to suit their needs. Smart-Triggers can be tailored for any user’s needs, from entry level to highly advanced backend systems. Moreover, with PARSIQ’s recently launched ABI decoder, users are able to import their custom contracts onto the PARSIQ platform and define exactly—be they simple or advanced—the kinds of events they want monitored. Whether basic or strategic, the events and actions that PARSIQ empowers will further bring the Polygon Ecosystem to life.
CEO Tom Tirman stated
“Polygon's popularity has proved its value as a leading scaling and infrastructure solution for Ethereum, with over 100m unique user addresses.
PARSIQ is delighted to bring Polygon users our suite of products, like Smart Triggers and wallet TRACKR, allowing automations triggered by real-time on-chain activity and providing enhanced security services.
With Polygon we share a common goal in bringing blockchain technology to the world, and we're excited about the potential of this ongoing partnership”
PARSIQ’s Future with the Polygon Ecosystem
PARSIQ’s plans with the Polygon Ecosystem do not end here. As PARSIQ expands, so too will the abilities they afford users in the ecosystem. For example, in addition to the real time data monitoring that PARSIQ offers there will also be, in the near future, historical data analysis. Moreover, PARSIQ has developed the innovative staking and lending platform, IQ Protocol. With IQ Protocol alongside its integration with Polygon, PARSIQ will power the tokenomics of many great Polygon-based projects to come!
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
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.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.