Parsiq is a general-purpose blockchain parsing and monitoring tool. The tool provides an analytical view of the blockchain transaction history. It also provides real-time monitoring of accounts, transactions and related blockchain status. Parsiq uses big data analysis techniques and machine learning algorithms to perform advanced parsing and processing of transaction trees, which can provide detailed information on the movement of blockchain assets. The platform will eventually be used on multiple blockchains and has a modular design, aiming to provide many applications for different use cases. At its core, Parsiq is an open platform that is accessible and scalable for everyone.

PARSIQ token (PRQ) is an important part of the PARSIQ platform, which can coexist with fiat currency payments and use its services. Discounts are available for payments made within the platform using PRQ tokens. In the first epoch (Epoch), when PRQ tokens are used for payments running smart-trigger (a smart contract deployed in the PARSIQ environment), users will get higher limits, unlock transfer methods and be able to target platform functions make a suggestion.