ParallelChain

1. Summary

Ranks

Liquidity

-

Developer

-

Social

91

Momentum (beta)

0

Stack Rank™

-

Price

$0.004200850000 0.0%

Market Cap

$0.00 (#12188)

Supply

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Price
52W High price	$0.22
52W High date	3rd Dec 2023 (1 year ago)
All Time High (ATH) Date	4th Apr 2025 (1 month ago)
All Time Low (ATL) Date	4th Apr 2025 (1 month ago)

Supply & Trading Volume
Trading Volume (24h)	$139,360.00

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Description

Overview of ParallelChain

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Overview of ParallelChain

ParallelChain is a blockchain ecosystem designed to decentralize interactions between individuals, businesses, and governments. It consists of dual blockchain platforms: the public Mainnet and permissioned Enterprise networks. Both networks are interoperable at the protocol level via a secure and private channel called Inter-ParallelChain Communication (IPC). This system allows for seamless interactions between applications on different layers while maintaining privacy and security.

Platforms

• Mainnet: The open-source public blockchain platform for deploying smart contracts and decentralized applications using Proof of Stake (PoS) consensus and Byzantine Fault Tolerance. It supports smart contracts written in Rust and executed as WebAssembly (WASM) modules. ParallelChain Lab's native token, XPLL, is used for transaction fees and as collateral for validators.

• Enterprise: A high-performance permissioned blockchain designed for enterprise use cases, emphasizing high-speed transactions and data compliance. It integrates more than 12 patents to enhance blockchain capabilities.

Identity and Security

• AI-Powered Identity Infrastructure: A system that empowers users with a singular, universally recognized identity, streamlining interactions across diverse ecosystems while providing robust protection against fraud.

• Inter-ParallelChain Proof-of-Immutability (IPPoIM): An auditing function ensuring tamper-proof networks without exposing on-chain data, fostering trust among members of private networks.

Development and Tools

• Code: Developers can contribute to the project and access tools such as PCHAIN-SDK, PCHAIN_CLIENT, and Browser Extension Provider API to streamline development and integration processes.

Ecosystem

• Ecosystem Partners: ParallelChain Lab collaborates with established companies and institutions, such as IBM, to expand its network and advance blockchain adoption.

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