Shyft Network partners with PARSIQ

Partnerships are occurring within the DeFi industry and the latest one is between Shyft Network and PARSIQ.

Business Stance
May 25, 2021
Shyft Network and PARSIQ.

Shyft Network, a public blockchain company, has entered into a partnership with a blockchain monitoring company, PARSIQ, in order to foster blockchain technical integrations.

Shyft Network focuses on providing real-time notifications on transactional data that are processed on-chain while PARSIQ aids the connection of on-chain and off-chain systems through smart triggers.

It is important to note that PARSIQ is the first organization to introduce smart triggers to the cryptocurrency market, which refer to a group of commands within a database that pushes notifications to users when there is a change in data or strange activities occur.

In addition to the announcement of the partnership between Shyft and PARSIQ, Shyft Network stated that it is now the identity layer for Polkadot’s permissionless blockchain network.

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