PARSIQ, a real-time blockchain intelligence, and activity platform, has announced it will provide compliance and monitoring features to Dash, a blockchain-based cryptocurrency focused on payment solutions with thousands of merchants and USD $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, automated accounting and reporting for settlement partners, and compliance tools for third-party apps integrating with Dash.
“With the integration of better monitoring and automation tools, we are excited to continue expanding the digital payments ecosystem across Asia.”
– Sascha Jochum, Co-Founder of Dash Thailand & Dash Next
Solution Features
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 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. 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.”
– Andre Kalinowski, Co-Founder of PARSIQ
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 USD $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.”
– Felix Mago, Co-Founder of Dash NEXT & Dash Thailand