Dash Will Get New Monitoring Features Thanks To PARSIQ

Dash will get a new monitoring feature thanks to  PARSIQ, a real-time blockchain intelligence, and activity platform has declared it will provide compliance and monitoring features to Dash, a cryptocurrency based on blockchain with its focus on payment solutions that have thousands of merchants and a payment volume of above USD $1.52 billion.

Dash NEXT, the well-known business development unit of Dash will pair with PARASIQ and will be cooperating in a strategic partnership to bring real-time crypto payment notifications through Smart-Triggers, automated accounting and reporting for settlement partners, and compliance tools for third-party applications integrating with Dash as per the Dash news reports:

 “With the integration of better monitoring and automation tools, we are excited to continue expanding the digital payments ecosystem across Asia.”

Because of this partnership, merchants that accept Dash can get real-time payment notifications via their preferred transport instruments like email and instant messaging. Merchants can get real-time insights into their business, with automated accounting, reporting, and alerts of high-risk doubtful transactions.

End-users in the coin’s community have the opportunity to be notified instantly about payments on their phones and get info about the amount and price of the coin at the time of the payment. This reduces the time and effort needed to confirm the exchange rate between the coin and local currency quite substantially. The technology of PARISQ also gives the opportunity for 24/7 monitoring of funds and users will get real-time notifications of any activity in their crypto wallet for more meaningful 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.”

As Dash partners with Simplex, the leading cryptocurrency establishes itself in a good way. Right now, the Dash news show that the coin has a market cap of over $1 billion and operates a peer-to-peer network that is backed by a large online community of developers and adopters, many of whom are running the open-source crypto software.