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......
Location: China, Guangdong Province, Xiangzhou District
Member count: 11-50
Total raised: $50M
Founded date: 2018
Investors 5
| Date | Name | Website |
| - | GTA Ventur... | gtaventure... |
| - | Fish DAO | fishdao.io |
| - | Maven Cryp... | mavencrypt... |
| - | Capital La... | capitallau... |
| - | SolrDAO | solrdao.co... |
Funding Rounds 1
| Date | Series | Amount | Investors | Deal News |
| 25.09.2022 | - | $50M | - | crowdfundi... |
Mentions in press and media 3
| Date | Title | Description | Source |
| 25.09.2022 | ParallelChain Secures $50M from GEM Digital to Fund Post-Lau... | ParallelChain Lab, an enterprise-grade blockchain-as-a-service provider that combines high performan... | crowdfundi... |
| 04.09.2022 | Rethinking Data Privacy With ParallelChain’s Unique Blockcha... | One of the biggest challenges that many people feel blockchain has not yet solved is the problem of ... | techstartu... |
| - | ParallelChain Lab | “ParallelChain Lab is leading the distributed ledger and AI technology movement with unmatched block... | fastfounde... |