PARSIQ, a platform specialized in monitoring data and automation across blockchains, has just announced it has been integrated into Polkadot to offer compatibility for smart triggers, according to a press release shared with iHodl.
What are triggers? They are basically smart contracts deployed into the PARSIQ ecosystem that allow triggers from external chains to be passed to off-chain systems.
In particular, they collect real-time data from various chains and make an indexed composition of actions in any chain, in a process of reverse-engineering. They are able to validate and process large amounts of real-time data at the same time through their distributed data management layer.
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The association between the two projects should not be a surprise, as both aim to bridge data across a huge network of chains, combining all chains into a single network.
It must be noted that PARSIQ is already integrated across popular blockchains such as Bitcoin, Ethereum, Binance Smart Chain, Solana, Celo, Dash and Algorand.