PARSIQ Unveils Reactive Network for Real-Time Blockchain Interoperability
PARSIQ, a pioneering blockchain monitoring and automation platform established in 2018, has unveiled the Reactive Network, a groundbreaking solution set to transform Web3 data access and blockchain interoperability.
PARSIQ's Reactive Network promises to bridge the gap between centralised and decentralised applications using Reactive Smart Contracts (RSCs). These innovative contracts allow smart contracts to communicate with each other and respond to real-time triggers, redefining how they operate.
The network streamlines interoperability, driving greater adoption and unlocking the full potential of blockchain technology. It achieves this by promoting cross-chain interactivity, reducing dependency on external data sources. This not only minimises costs but also enhances security.
PARSIQ offers quick access to Web3 data via filtered and indexed APIs tailored to diverse business requirements. These APIs are designed to increase transactional efficiency and data security, democratising arbitrage opportunities. The platform uses rEVM and rSolidity for reactive functionality and the Relayer Network for cross-chain interactivity.
The Reactive Network, with its promise of enhanced interoperability and real-time data transactions, has the potential to reshape the future of blockchain, particularly in financial applications like DeFi and lending protocols. PARSIQ, through its Reactive Network, continues to push the boundaries of blockchain technology, offering new possibilities for cross-chain communication and data access.
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