Our Mission
The Purpose
Early layer-1 blockchains have laid the infrastructure for the decentralised web, sparking waves of innovative layer-2 solutions and applications. Yet, despite the transformative potential and strong community backing, decentralised applications remain under-utilised in daily life, confined to the web3 space.
The question arose: what is needed to break the plateau? ParallelChain aspires to fill the gap, leveraging identity to seamlessly bridge values and power across various blockchains and the digital spectrum.
ParallelChain is an open-source distributed ledger that catalyses the development of simple, dependable, and privacy-centric blockchain applications. Together, we unlock the universal adoption of decentralised technologies, making them accessible and functional for both enterprises and everyday users.
The Guardians
ParallelChain Foundation
An independent and non-profit Swiss-based organisation established to oversee the development and growth of the ParallelChain ecosystem, ensuring it evolves in alignment with the community vision.
ParallelChain Lab
The core developer behind ParallelChain, a Singapore-headquartered software company with specialisation in distributed systems and artificial intelligence technologies. ParallelChain Lab was founded by a team that boasts strong track records in computer and communication designs, operating systems, network protocol, and ANSI standard enactments, with educational roots from institutions such as MIT, Carnegie Mellon, Stanford, Harvard, UC Berkeley, and the University of Edinburgh.
The Community
A collective force formed by every believer of ParallelChain and holder of XPLL.