PARSIQ Launches Reactive Network for Seamless Blockchain Interoperability
PARSIQ, a blockchain monitoring and automation platform, has introduced the Reactive Network. This innovative solution aims to bridge centralised and decentralised apps, enhancing interoperability and transactional efficiency.
The Reactive Network operates using grid-forming converters that respond to voltage drops and reactive current changes. This ensures reliable power supply continuity and supports grid stability, even during faults or low-voltage conditions. PARSIQ leverages this adaptive, real-time grid response capability to enhance risk management and optimise energy trading decisions in financial apps.
At its core, the Reactive Network uses rEVM and rSolidity for reactive functionality. It promotes blockchain interactivity through four key features: Parallelised EVM, Inversion of Control (IoC), ZK Proof, and the Relayer Network. These components enable the network to streamline interoperability, driving greater adoption and unlocking the full potential of blockchain technology.
PARSIQ offers quick access to Web3 data via APIs like Tsunami, DEX, Balances, and NFT. The Reactive Network's on-chain functionalities democratise arbitrage opportunities, increasing transactional efficiency and data security. Reactive Smart Contracts (RSCs) can initiate new blockchain transactions based on specific events, further boosting the network's capabilities.
The Reactive Network, powered by PARSIQ, has the potential to reshape the future of blockchain, particularly in financial apps like DeFi and lending protocols. By promoting cross-chain interactivity through the Relayer Network and offering precise stability data and predictive insights, the Reactive Network can enhance risk management and support resilient infrastructure financing.
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