ParallelChain (XPLL)

ParallelChain Mainnet is a breakthrough layer-1 smart contract platform with a unique delegated-proof-of-stake system designed to power an accountable, democratic, ever-growing blockchain ecosystem.

Financing: $50M

Whitepaper

Onepager

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What is ParallelChain

ParallelChain is a blockchain infrastructure developed by ParallelChain Lab, a blockchain research and development company founded by Ian Huang in 2018.

ParallelChain powers two layer-one blockchain platforms: ParallelChain Private and ParallelChain Mainnet. The former is a business-native permissioned platform powering market-ready software built for specific business purposes, while the latter is an open-source blockchain platform where developers can build and deploy decentralized applications using smart contracts. ParallelChain natively supports Turing-complete smart contracts written in developer-friendly languages such as Rust and GO.

• Ecosystem of public (permissionless) and private (permissioned) networks
• Private: >120k TPS; ~0.003s latency
• Easy migration from Hyperledger platform
• GDPR-grade data privacy protection
• Patents: 9 published
• Blockchain solutions for insider threat prevention; KYC compliance; supply chain management; construction activity tracking; loyalty program tokenisation...