AllianceBlock Partners With PARSIQ To Offer New Opportunities To Leverage Data In Both DeFi and TradFi

Nexera
3 min readNov 27, 2020

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We are happy to announce a new partnership with PARSIQ, a working platform that makes blockchain events consumable and blockchain data actionable.

Part of Binance’s $100m accelerator fund, PARSIQ allows individuals, companies and enterprises to monitor events across different blockchains in real-time and at scale and connect those events to any off-chain apps or devices to automate different workflows.

Tom Tirman, CEO of PARSIQ said, “The collaboration between PARSIQ and AllianceBlock will help propel the adoption of DeFi through building the necessary bridges and connector layers for actionable data between decentralized networks and traditional financial institutions.

The partnership will see AllianceBlock working closely with PARSIQ to build a bridge for data pipelines that can be leveraged in popular data marketplaces, to create new revenue streams and exciting new business models based on DeFi data.

We will also collaborate with PARSIQ to build ESG scores for companies and share it on-chain to be used by other blockchain projects. Our technology and services include the capability to assess companies and projects on ESG factors and Impact scores as a standardized way of assessing the risks and participant fit. The combination of AllianceBlock’s overall rating methodology enables our vision of a truly free, equitable and self-governed Decentralized Capital Market. Once ESG scores are built, they can be aggregated via the PARSIQ platform and cross-correlated with onchain events.

Both AllianceBlock and PARSIQ will mutually benefit from the sharing of blockchain data, analytics and monitoring infrastructure, bringing value-added solutions to both the DeFi and TradFi ecosystems. In addition, we will collectively build the blockchain and fintech ecosystems by providing trusted compliance, analytics and infrastructure tools to third party decentralized applications.

In addition, AllianceBlock will leverage PARSIQ’s powerful data pipeline to build a new generation of Defi terminal and quantitative trading strategies and derivative products, while ParsiQ will leverage AllianceBlock’s Pricing Engine to enhance their offering and offer new data streams to their customers.

Rachid Ajaja, CEO and Founder of AllianceBlock said, “Our collaboration with a leading blockchain monitoring and workflow automation like PARSIQ is particularly timely in light of the announcement of our partnership with Ocean Protocol earlier this week, through which AllianceBlock will use Ocean Protocol’s data marketplace and core technology and simplify compliance with financial regulations like GDPR and PSD2. We look forward to working closely with PARSIQ to further achieve our goal of bridging the gap between traditional and decentralized finance.

About PARSIQ

PARSIQ is a blockchain monitoring and workflow automation platform that serves as a multi-level bridge between blockchains and off-chain applications. PARSIQ technology is a proprietary ParsiQL programming language that allows users to monitor and interpret an endless stream of data on the blockchain; thus, it’s possible to monitor traders and ordinary users’ wallets.

There are also complex system integrations for financial institutions and DeFi projects to improve security, conduct audits, comply with regulatory requirements, and expand workflows. Visit parsiq.net to learn more about building custom event triggers.

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About AllianceBlock

AllianceBlock is building the first globally compliant decentralized capital market. The AllianceBlock Protocol is a decentralized, blockchain-agnostic layer 2 that automates the process of converting any digital or crypto asset into a bankable product.

Incubated by three of Europe’s most prestigious incubators: Station F, L39, and Kickstart Innovation in Zurich, and led by a heavily experienced team of ex-JP Morgan, Barclays, BNP Paribas, Goldman Sachs bankers, and quants, AllianceBlock is on the path to disrupt the traditional markets with its state-of-the-art and globally compliant decentralized capital market.

Website | Telegram | Discord | CoinGecko | White Paper | Green Paper | Token Economics Paper

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Nexera
Nexera

Written by Nexera

Nexera is empowering the future of finance with cutting-edge open-source innovation.

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