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PARSIQ and Dash partner to bring compliance features to merchants, crypto service providers, and payment processors

  • PARSIQ delivers advanced monitoring capabilities to thousands of merchants on Dash thanks to new partnership.
  • PARSIQ is working with Dash NEXT in Asia, capitalising on the region’s US$2.5 billion digital payments industry.
  • Dash users can now receive real-time notifications of activity on their accounts, tailored to suit their individual business needs. 

London UK, 21st February 2020 PARSIQ, the next-generation monitoring and intelligence platform for blockchain, has announced it will provide compliance and monitoring capabilities to Dash, a major blockchain-based digital currency. Dash’s thousands of merchants worldwide, worth US$1.52 billion+ in payment volume, now benefit from PARSIQ’s Smart Trigger technology that delivers real-time payment notifications, along with automated accounting, reporting and compliance tools to support third-party apps integrating with Dash.

The integration of PARSIQ’s technology into the Dash blockchain will directly support Dash’s international merchant network. Users are informed about the price of Dash when a payment occurs, cutting down on administration processes to confirm exchange rates between Dash and local currencies.

Dash users are also able to tailor monitoring and notifications to suit their needs, thanks to PARSIQ’s platform. PARSIQ allows monitoring across any number of Dash addresses, across a wide array of data, such as transaction amounts, transaction addresses, and transaction/wallet risk assessment. Users can then choose the most convenient way to receive this real-time information – ranging from messaging apps like Telegram to webhooks that send the data onto any server for further action.

Sascha Jochum, Co-Founder of Dash Thailand & Dash NEXT, said: “PARSIQ’s monitoring and automation tools are crucial for our users at an important point of growth in Asia, delivering deeper visibility over their Dash portfolios. We are excited to keep pushing forward and continue to expand the digital payments ecosystem across the region.”

PARSIQ is working with Dash NEXT, the Asia-based business development unit of Dash, to help its users capitalise on the rapid maturation of digital payments in Asia. Current estimates value Asia’s digital payments industry at US$2.5 trillion, representing a staggering 20 per cent growth year-on-year.

Felix Mago, Co-Founder of Dash NEXT & Dash Thailand, said: “PARSIQ’s real-time notifications opens new doors to enriching the user experience for Dash merchants, payment providers and end-users. Dash is committed to make finance as accessible, safe, and user-friendly as possible, and we firmly believe we have found an ideal partner to achieve this goal in PARSIQ.”

Andre Kalinowski, Co-founder of PARSIQ, said: “In a fast-moving world, it is more important than ever for businesses to have clarity on digital payments and transactions in real-time. PARSIQ 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.”

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About PARSIQ

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.

About Dash

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.

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