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Basically, their arsenal contains such functions as tracking one wallet and getting SMS / Email notifications. Such services are focused on the Bitcoin network and in some cases - Ethereum.
Sometimes it can take you over an hour to fully confirm a BTC transaction. Instead of updating the blockchain explorer to check the confirmation status, you can set up any free blockchain notification service to receive a message right after the transaction is confirmed.Risk Score, information about the amount in equivalents (for example, in fiat or BTC), set up uploading to Google Spreadsheets or send directly to Telegram messenger.
This can be particularly useful when keeping track of your portfolio in a certain fiat value or as an exchange value compared with another currency type. This also enables businesses to conduct proper audits on transactions, which can be essential for compliance.PARSIQ is constantly expanding with valuable integrations, giving users the possibility to customize the blockchain monitoring to simplify the digestion of information coming from the streams of data.“The growth of digital assets and other blockchain-derived technologies is currently stunted by a lack of tools to monitor blockchain transactions,”says Alan Durnev, PARSIQ CTO.
“Currently available tools, like block explorers, lack the automation and deep analysis features necessary to perform quality monitoring of blockchain at scale and in real-time. Right now, the effort and complexity associated with block explorers mean that blockchains remain opaque.”
“In five years… I would say we see ourselves as the real glue between every existing blockchain. So no blockchain left.” -Anatoly Ressin, Chief Blockchain Architect at PARSIQ, in the interview for Cointelegraph China.
PARSIQ is a solution that allows developers to be abstract from the particularly built blockchain. The ability to build cross-chain workflows has displayed a lot of potential in the realm of fintech, compliance, and platform security.
currently react to events occurring on the blockchain and then automating actions outside the blockchain to your chosen application. To make this automation even more powerful, PARSIQ is implementing technologies that allow it to do it vice versa. Off-chain events will trigger actions on blockchains, such as asset transfers or cross-chain crypto transfers. This is an advanced technology that will transform how we do business by connecting the real world to secure blockchain databases.You can create your own blockchain monitoring and automation solutions by using PARSIQ’s domain-specific programming language ParsiQL. It's powerful yet flexible and easy to use.
Last year, the PARSIQ team launched a 100% free product built with ParsiQL language - FLASHR. that allows users to be notified of any token movements they are interested in or invested in. This is one of the first platforms that provide real-time alerts to users about a particular token or project. is an excellent example of building a monitoring service on top of PARSIQ to serve specific needs.PARSIQ gives you much more than just notifications. Users can transform the data to be delivered to their favorite off-chain application or web service. A simple transaction alerting is just the tip of the iceberg.
However, it takes you $0 and a few seconds to with PARSIQ Quick Monitoring Wizard. Start with a free plan today to begin discovering all the PARSIQ capabilities.