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What Is PARSIQ (PRQ)?

PARSIQ describes itself as a next-generation platform for monitoring and intelligence — offering analytics tools for blockchain technology across a plethora of industries. This enables users to track network activity in real time, unlock new use cases for their application and create instant notifications. Smart Triggers can be used to react to events of interest on multiple networks. PRQ’s token contract was rolled out on Ethereum in 2019.

Who Are the Founders of PARSIQ?

The project was co-founded by Tom Tirman, Andre Kalinowski and Anatoly Ressin.

According to Parsiq’s official site, Tirman serves as the CEO and has extensive experience of working in fintech companies and with banking firms. He holds a law degree from TalTech University in Tallinn, Estonia.

Kalinowski is a certified engineer with a masters degree in cybersecurity and digital forensics. In 2016, he established a venture capital fund focused on cybersecurity-related innovations with the goal to improve existing systems and discover new approaches.



Ressin is the chief blockchain architect — and prior to PARSIQ, he founded his own software development company, Blockvis. He has also been involved in the development of blockchain solutions for Civic and Deloitte.

What Makes PARSIQ Unique?

In CEO Tom Tirman’s words, PARSIQ is a platform that makes blockchain events consumable and blockchain data actionable.

In an interview with EllioTrades, he said: “So we allow users — individuals, companies, enterprises — to monitor any events across different blockchains in real time and at scale and to connect those events to any off-chain apps or devices to automate different workflows.”

He added that a devoted programming language is available for developers who want to make the most of PARSIQ, but anyone can benefit from this technology through the use of visual editors that harness drag-and-drop templates.

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How Many PARSIQ (PRQ) Coins Are There in Circulation?

The total supply will consist of 500 million tokens — and in September 2020, €1.6 million was raised through a private sale.

An initial exchange offering with a hard cap of 250 million tokens took place, but about 150 million remained unsold and were sent to a retention wallet. At present, PARSIQ has a circulating supply of more than 100 million tokens.

How Is the PARSIQ Network Secured?

PARSIQ uses proof-of-custody and proof-of-solvency consensus mechanisms to offer real-time blockchain monitoring capabilities.