From PRQ to REACT: Exploring PARSIQ’s Evolution to Reactive Network

The siloed nature of blockchain networks continues to hamper broader adoption of the technology. Many cross-chain bridging solutions have flooded the market in a rush to address this infamously well-known limitation of decentralized networks. However, manual bridging of assets from one network to another is still highly inefficient and costly.

Another drawback of modern blockchains is the functional limitation of smart contracts residing on them. Although smart contracts are capable of fairly sophisticated functionality, they need direct input from users in order for their code to execute. In other words, true automated reactivity isn’t part of their default behavior.

Reactive Network (REACT) is a blockchain initiative that aims to address both of these fundamental limitations. Acting as an Ethereum virtual machine (EVM) – compatible execution layer, Reactive Network can support reactive smart contracts (RSCs) — bits of programming code on blockchain that can listen to on-chain events and execute actions as a response to them. Importantly, Reactive's RSCs can do so across multiple blockchains, delivering true automated cross-chain responsiveness.

In its testnet mode as of early January 2025, Reactive Network traces its origins to an earlier blockchain project, PARSIQ (PRQ), founded in 2018 as a provider of web3 data monitoring and intelligence solutions. In early 2024, the PARSIQ team redirected its efforts to develop the Reactive Network platform, shifting focus from blockchain data solutions to cross-chain RSCs. 

Reactive isn’t just an EVM-based cross-chain project: it’s the first platform to widely implement RSCs, truly automated and responsive smart contracts. As such, the potential impact of this new project is nothing short of revolutionary for the entire blockchain industry.