Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

PARSIQ Partners with Clover for Funding and Integration

Published 05/14/2021, 03:00 PM
Updated 05/14/2021, 03:00 PM
PARSIQ Partners with Clover for Funding and Integration

  • PARSIQ partners with Clover and Multi-chain connected wallets.
  • Clover is a Polkadot-related open DeFi platform.
  • Clover and PARSIQ have found common work closely with the Clover team.
Ethereum

Clover offers an ideology with PARSIQ. However, focusing on enabling data to flow between blockchains freely, in order for users to gain access easily for trading on a plethora of chains offered today.

Moreover, Clover is a Polkadot-related open DeFi platform that offers users with financial tools.

This tool is not plagued however by the extra fees associated with the Ethereum network. More so, clover offers quick access for peer-to-peer trading, and sign-up is not required. Even more, users could enjoy the benefits of a trustless, anonymous, fair, fast, and cheap financial instrument using its cross-chain system.

Even more, on sharing a vision of a blockchain space without limits for users to use whatever chain they like for future blockchain adoption. Clover and PARSIQ have found common ground and work closely with the Clover team. Moreover, the team will integrate PARSIQ technology as a piece of vital infrastructure for the Clover platform.

PARSIQ plans to back Clover financially. More so, we offer a deep seated belief in projects aiming on interoperability and the advancement of utility across many blockchains. More so, Clover joins our ever growing list of backed projects, with the hopes of furthering projects that offer real-world solutions to a lot of the issues plaguing a still very young technology.

PARSIQ CEO Tom Tirman said,

“The Ethereum Network was brilliant when released, but the scale it has grown to now has become a real issue for usage. Fees for using the network created barriers and solutions must be found, as the crypto space as a whole continues to grow.”

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Clover is a powerful smart contract platform that allows Ethereum developers and projects to migrate their contracts onto Polkadot. Moreover, by reducing the changes required to run existing Solidity smart contracts on the new network, Ethereum projects can just replicate their DApp and deploy it to Clover using MetaMask, Truffle, Remix, and other familiar tools.

In contrast, PARSIQ is a blockchain monitoring and workflow automation platform that works as a multi-level bridge between blockchains and off-chain applications. This platform is a proprietary ParsiQL programming language that offers users to monitor and interpret an endless stream of information on the blockchain. More so, it is possible to monitor traders and ordinary users’ wallets.

This article was first published on coinquora.com

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.