PARSIQ has allied with Autonio to integrate PARSIQ’s technology into the rapidly developing Autonio ecosystem.
PARSIQ and Autonio Ink Strategic partnership
According to an announcement made today, blockchain monitoring and workflow automation platform PARSIQ stated that it had partnered with decentralized autonomous organization Autonio Foundation to deploy its Smart Triggers technology into Autonio’s NIOX trading suite.
Autonio NIOX trading suite is AI-based and requires a stream of reliable blockchain data that can be used to develop trading alert systems or complex trading strategies based on specific triggers. By deploying PARSIQ Smart Triggers, Autonio will monitor blockchain data for important events by integrating a few lines of code. This helps save the time and infrastructure required to develop custom listeners.
Additionally, PARSIQ toolset is vital as it enables traders to conduct strategies based on on-chain triggers such as transactions coming from large wallets. Autonio will also use PARSIQ monitoring technology to gauge NIOX’s AI-based strategies’ effectiveness, providing relevant insight into their efficacy.
There are also plans to use the PARSIQ tool for analytics. It could be deployed to monitor withdrawals and deposit transactions to the NIOX DAO. This would help Autonio understand its users and develop key metrics that enable tracking its ecosystem’s growth.
Commenting on the development, Tom Tirman, CEO, PARSIQ, said:
“Automated trading tools are a natural use case for PARSIQ’s Smart Triggers, and we are glad to be seeing teams like Autonio speed up their development efforts by choosing our solution,”
Ali Raheman, Autonio Foundation CEO and Founder, also had similar sentiments.
“PARSIQ enables us to secure our governance and our DAO along with granting our users access to info about asset movements, which is a higher up priority for us, while we begin incorporating notifications and triggers into our trading solutions and tracking,” he said.
Autonio Foundation is centered around building accessible, easy-to-use, and affordable trading tools and services within the DeFi ecosystem. NIOX trading suite is one of the products from the Autonio Foundation.
PARSIQ is a blockchain monitoring and workflow management platform that functions as a multi-level bridge between different blockchains and off-chain applications. Notably, PARSIQ technology is a proprietary ParsiQL programming language that enables users to monitor and analyze an endless stream of data on the blockchain, thereby them to monitor all traders and ordinary users’ wallets. Learn more about PARSIQ here.