Real-Time Blockchain Monitoring Platform Offers Advanced Threat Detection to the Market

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With the growth of cryptocurrencies and other
digital assets in recent years, so has the number of hacks. As the volume of
threats increases, so does the need for the right tools to identify and take
preventative measures.

Reputationally as well as financially, hacks and
phishing scams can cause costly damage to cryptocurrency users and businesses
that can turn into the millions; what is needed is a platform that helps
mitigate that risk.

Introducing PARSIQ – The Blockchain Monitoring
Platform

Launched in Tallinn, Estonia on June 7, PARSIQ is a revolutionary new intelligence platform that seeks to
minimise fraudulent attacks and hacks through the real-time analysis and
monitoring of blockchains.

Lessening the prospect of a disastrous loss of
corporate and financial trust, PARSIQ addresses the fundamental problem of
incursions by not only monitoring blockchain events but also providing valuable
insight and more importantly the analytics tools needed to track and reverse
thefts.

As cryptocurrency market manipulation increases
and new blockchain related projects hit the sector the need to reduce risk
across the board is becoming paramount. PARSIQ helps to boost investor and
partner confidence – perfect for ICO investors, businesses and cryptocurrency
traders.

Your Real-Time Blockchain Intelligence Partner

With most on-the-market platforms, such as block
explorers, lacking the automation, deep analysis and reporting needed to
identify a hack early on – PARSIQ offers to monitor not only in real-time but
also at scale.

Whether you are a developer, trader or ICO
investor, the platform gives a piece of mind as well as the benefit of
identifying and mitigating threat at a distance. With a range of flexible tools
at your disposal including user-designated Smart-Triggers, alerts, and
reporting.

Predicting market movements and gaining the
competitive advantage is key for the cryptocurrency traders of today, PARSIQ
delivers insights into any potential market manipulation and for cryptocurrency
projects investors – the ability to finance a new startup with the knowledge
that the project maintains business integrity.

Many attacks go unnoticed for some time, by that
time the damage is done – PARSIQ is your partner in the wild west of the crypto
space.

Enhanced Security Through Technology

Through its innovative query language, ParsiQL –
PARSIQ and allied technologies, such as Smart-Triggers give advanced notice of
a threat.

Enhanced mempool monitoring allows the user to
overcome the problems of poor tooling and creates the means needed to not only
track but also react to new transaction attempts before they are even included
in a block.  

According to Hendrik Henrikson, Chief Business
Development Officer at PARSIQ:

“Right now, the effort and complexity
associated with block explorers mean that blockchains remain opaque. With
PARSIQ, we are simplifying blockchain analytics, allowing automated triggers or
complex logic conditions that act in real-time to give new insights and
extended levels of monitoring that are currently unavailable.”

PARSIQ simply extends automation and fraud
detection to the mempool level of the blockchain.

Platform Piloted with BRZ Token &
CoinMetro

With the aim of boosting compliance, KYC and
system auditing, PARSIQ is already piloting its innovative tech with the
market-leading stablecoin, BRZ Token and a cryptocurrency
exchange, CoinMetro.

With leading stakeholders already utilising
PARSIQ products to ensure AML compliance, the security of blockchains and
system monitoring – prevention, as they say, is better than cure!

Detect threats early with PARSIQ and reduce
your risk.


About PARSIQ: PARSIQ is a next-generation blockchain monitoring and
intelligence platform. PARSIQ’s solution listens to all blockchain activity and
builds a fully indexed representation of what happens in a particular block
segment. It goes beyond the current solutions, with new innovations such as
mempool monitoring and ParsiQL, a query language that helps you react in
real-time to different events or specific transactions across blockchains.

The technology protects against unauthorized blockchain events,
its market intelligence capability gives new insights into blockchain trading
activities and with forensics, it can deep dive into criminal activity that has
taken place on the blockchain. Find out more at https://www.parsiq.io/


The post Real-Time Blockchain Monitoring Platform Offers Advanced Threat Detection to the Market appeared first on Ethereum World News.

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