PARSIQ will provide compliance and monitoring features to Dash, a blockchain-based fintech payment solution with thousands of merchants and US$1.52 billion+ in payment volume.
Dash NEXT, the Asia based business development unit of Dash and PARSIQ are engaging in a strategic partnership to deliver real-time Dash payment notifications through Smart-Triggers for users, automated accounting and reporting for settlement partners, and compliance tools for third-party apps integrating with Dash.
Through this partnership, merchants accepting Dash can gain real-time payment notifications through their preferred transport mechanisms like email and instant messaging. Merchants can get real-time insights into their business, including automated accounting, reporting, and alerts of high-risk or suspicious transactions.
End-users in the Dash community can receive instant payment notifications on their phones, including the amount and price of Dash at the time of payment. This reduces the time and effort needed to confirm the exchange rate between Dash and local currency. PARSIQ’s technology also provides 24/7 monitoring of funds, and users will get real-time notifications of any activity on their Dash wallet for a richer user experience.
“Users and businesses that transact with Dash will now have the ability to create Smart-Triggers and use the benefits of PARSIQ’s real-time blockchain monitoring,” says Andre Kalinowski, Co-Founder of PARSIQ.
”We will automate payment confirmation notifications, audit, security monitoring and user activity on the Dash blockchain. It’s a leap towards bringing additional benefit to the Dash community and yet again increasing the range of blockchains that PARSIQ supports.”
Third-party decentralized applications (dapps) integrating Dash payments also gain access to PARSIQ’s real-time monitoring and provide push notifications to users’ devices without having to set up their own monitoring infrastructure. This includes Dash Evolution dapps and crypto service providers such as payment processors, unlocking real-time and deep analytics capabilities to gain business insights. Together, Dash and PARSIQ open new opportunities for dapps to tap into Asia’s US$2.5 trillion digital payments industry toward growing the region’s ecosystem. “PARSIQ’s real-time notifications opens new doors to enriching the user experience for Dash merchants, payment providers and end-users.” says Felix Mago, Co-Founder of Dash NEXT & Dash Thailand. “With the integration of better monitoring and automation tools, we are excited to continue expanding the digital payments ecosystem across Asia.” states Sascha Jochum, Co-Founder of Dash Thailand & Dash Next.
Dash is the global e-commerce and payments-focused digital currency offering near-instant transaction speeds. Experiencing significant growth since its beginnings in 2014, Dash is now accepted at thousands of merchants worldwide in addition to being accessible via 400+ ATMs and 90+ exchanges worldwide – making it one of the few offering safe, decentralized financial solutions to real-world problems. Dash offers a form of money that is portable, inexpensive, divisible, and fast. It can be spent easily and instantly online at merchants across the globe, at much lower fees than credit and debit cards. With global teams around the world and a unique blockchain mining and treasury model, Dash is the only major self-funded, self-governed organization in the cryptocurrency industry.
PARSIQ is the next-generation monitoring and intelligence platform for blockchains. Users are able to track any kind of blockchain activity in real-time, create instant notifications and extend the functionality of their applications. By aggregating other tools, PARSIQ provides risk scoring, market data, forensics – all from one place. PARSIQ supports Bitcoin, Bitcoin forks, Ethereum and 200,000+ ERC20 tokens. It also provides real-time monitoring of accounts, transactions, and related blockchain states.