ParallelChain Lab (formerly known as Digital Transaction Limited) is a blockchain technology company focusing on the research and development of ParallelChain - the public + private blockchain infrastructure powering the Web 3.0 ecosystem.
• 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......
• 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......
Location: China, Guangdong Province, Xiangzhou District
Employees: 11-50
Total raised: $50M
Founded date: 2018
Investors 7
| Date | Name | Website |
| - | GTA Ventur... | gtaventure... |
| - | Fish DAO | fishdao.io |
| - | Maven Cryp... | mavencrypt... |
| - | Capital La... | capitallau... |
| - | Maxx Capit... | maxx.capit... |
| - | SolrDAO | solrdao.co... |
| - | UNITY Capi... | unitycapit... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 25.09.2022 | - | $50M | - |
Mentions in press and media 3
| Date | Title | Description |
| 25.09.2022 | ParallelChain Secures $50M from GEM Digital to Fund Post-Launch Development | ParallelChain Lab, an enterprise-grade blockchain-as-a-service provider that combines high performance with censorship-resistant characteristics, announced it has secured a $50 million financing commitment from GEM Digital. This token subsc... |
| 04.09.2022 | Rethinking Data Privacy With ParallelChain’s Unique Blockchain Architecture | One of the biggest challenges that many people feel blockchain has not yet solved is the problem of data privacy. With blockchain, everything that’s recorded on it is exposed to the whole wide world, meaning that there can be no confidentia... |
| - | ParallelChain Lab | “ParallelChain Lab is leading the distributed ledger and AI technology movement with unmatched blockchain products to unlock enterprises’ digital transformation initiatives.” |