ParallelChain Lab

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XPLL

ParallelChain Enterprise

High performance enterprise blockchain solution.

  • A lightning-fast distributed ledger that guarantees high performance with no compromises.
  • A private blockchain focused on enterprise agility and privacy.
ParallelChain

Light-years Ahead

How ParallelChain Enterprise Compares.

Putting our blockchain head-to-head with other enterprise
blockchain solutions on the market.

Ethereum
Ethereum 2.0
Hyperledger
Hyperledger Fabric
Hyperledger
Corda
Parallelchain
ParallelChain Enterprise 1.0
Parallelchain
ParallelChain Enterprise 2.0
Availability
>2022
Now
Now
Now
Now
Type of Blockchain
Public
Consortium
Private
Private
Private
Transactions Per Second (Single Chain)
1,000 TPS
3,500+ TPS
800+ TPS
100,000+ TPS
120,000+ TPS
Transaction Confirmation
5,000 seconds
0.1 second
"Near instant"
0.01 second
~ 0.003 second
Data Privacy Compliance
GDPR-friendly
GDPR-friendly
Right to be Forgotten
User Registration: Secured and Trusted Access
N/A
Two-Factor Authentication
Two-Factor Authentication
Two-Factor Authentication + Biometrics
Multi-biometrics
1 Note: Bitcoin and Ethereum requires (N + 5) transactions in order to confirm the Nth transaction.

Paradigm Shift in Enterprise Software

Blockchain Powered, Zero Compromises.

A suite of layer 2 applications, built on top of ParallelChain
Enterprise leveraging its speed, security and data immutability.

Fostering Blockchain Adoption

A Few Examples of What You Can
Build With ParallelChain Enterprise

Data Storage

Use ParallelChain Enterprise as an immutable and tamper-proof data storage relay, for mission-critical and sensitive data.

Our unique Proof-of-Immutability (PoIM) algorithm and privacy-protected data validation adds an additional layer of security to your company's data.

Auditing Tool

One of the best attributes of a blockchain is its tamper-proof chararistics, making it the perfect tool to encapsulate user actions and requests.

Capitalizing on this, companies will therefore be able to ensure that a valid audit trail is being kept at all times.

Settlement System

Blockchain technology has the potential to make asset trading faster and more efficient by reducing the amount of intermediaries required.

ParallelChain Enterprise can act as the "single source of truth", by keeping an immutable record of all transactions. Reducing the requirement of having a traditional clearing house for trade verifications.

Process Management

Use Programmable smart contracts to automate actions, perfect for managing a supply chain that consists of multiple, fragmented parties.

Write and deploy smart contracts on ParallelChain Enterprise in Go Lang, or Rust. Hyperledger Smart Contracts can be easily migrated to run on ParallelChain Enterprise.

Supply Chain Management

Supply chain is a large ecosystem with multiple stakeholders across the globe. A blockchain with limited scalability offers little value to help manage the supply chain.

Unlimited scalability enabled by the parallelism design of ParallelChain Enterprise. to support a supply chain network of any size.

Unleashing Blockchain For Business

Bringing Blockchain to Bear on the World's Hardest Challenges

Held back by critical technological limitations, blockchain has failed to deliver on its commercial promise.


Our vision is to fulfil that promise.


The ParallelChain® ecosystem is the only decentralized network with tailor-made applications that satisfy all information technology requirements in today's digital age.

Challenge #1:

Insider threats

Outside-facing protections do not work when cyber threats come from within an organization.

PreventiveChain solves this.

3D face ID biometrics with anti-spoofing tracks users in real time, while AI warns administrators if it suspects malicious activity. Captured data is persisted in ParallelChain®.

Challenge #2:

Data protection under work-from-home

Productive 'Work From Home' invariably necessitates moving sensitive company data out of the office, increasing the risk of data leaks.

PreventiveChain solves this.

PreventiveChain authenticates the current user of the computer and blocks data extraction and screen capture. Captured data is immutably persisted in ParallelChain®.

Challenge #3:

Time-consuming and error-prone KYC process

Institutions struggle to perform KYC efficiently and keep the KYC data updated and protected.

eKYC-Chain and PreventiveChain solve this.

eKYC-Chain digitizes the KYC process and achieves higher efficiency and reliability with anti-spoofing facial recognition, real-time selfie-to-photo-ID matching, KYC data management. Coupled with PreventiveChain, KYC officers can perform their duties even when working from home.

Challenge #4:

Slow settlement times

To meet acceptable security standards, stock trades have to go through a long settlement process.

ChattelChain solves this.

High throughput on the ParallelChain® protocol and smart contracts on ChattelChain bring instant settlement trading compliant with international security standards.

Challenge #5:

Lack of workplace accountability

Parties working on a single project disagree about who is responsible for the successful completion of tasks, or failure to meet requirements.

ApprovalChain solves this.

Each activity in a process is immutably documented in ParallelChain®, while the ApprovalChain app ensures that tasks are signed off as completed per requirement only when agreement is reached.

Challenge #6:

Data are lost due to accidents or malicious activity

Data generated by vehicles or IoT systems become irretrievable when the physical devices are lost or damaged, while cloud solutions leave the data tampering issue unsolved.

ParallelChain® solves this.

ParallelChain® provides immutable persistence of data, representing a ‘virtual black-box’ that is undamageable and tamper-proof.

Seamless Migration from Hyperledger Fabri

Bring Your Blockchain Applications up to the Speed of Business

Build applications on ParallelChain®

ParallelCore Client Go SDK

package commercialpaper

import (
	"digital-transaction/pco/parallelcore-apps/apps/commercial-paper/contract/paper"
	"fmt"
	engine "parallelcore-smartcontract-sdk-go/smartcontract_engine"
	"strconv"
	"strings"
)

// MySC smart contract instance
type MySC struct{}

// Initialize does nothing in this case
func (sc MySC) Initialize(tr engine.Transaction, in []byte) ([]byte, error) {
	return nil, nil
}

// Handle calls do<ACTION> on invocation of this
// smart contract.
func (sc MySC) Handle(tr engine.Transaction, in []byte) ([]byte, error) {
	args := strings.Split(string(in), " ")
	action := args[0]

	switch action {
	case "List":
		paperStrRepr, err := doList(paper.TransactionContext{Transaction: tr})
		if err != nil {
			return nil, err
		}

		return paperStrRepr, nil

	case "Issue":
		faceValue, err := strconv.Atoi(args[5])
		if err != nil {
			return nil, fmt.Errorf("faceValue should be an integer. Received: %s 
Error: %v", args[5], err)
		}
		err = issue(paper.TransactionContext{Transaction: tr}, IssueArgs{args[1], args[2], args[3], args[4], faceValue})
		if err != nil {
			return nil, err
		}

		return []byte(fmt.Sprintf("Paper successfully issued")), nil

	case "Buy":
		price, err := strconv.Atoi(args[5])
		if err != nil {
			return nil, fmt.Errorf("price should be an integer. Received: %s 
Error: %v", args[5], err)
		}
		err = buy(paper.TransactionContext{Transaction: tr}, BuyArgs{args[1], args[2], args[3], args[4], price, args[6]})
		if err != nil {
			return nil, err
		}

		return []byte(fmt.Sprintf("Paper successfully bought")), nil

	case "BuyRequest":
		price, err := strconv.Atoi(args[5])
		if err != nil {
			return nil, fmt.Errorf("price should be an integer. Received: %s
 Error: %v", args[5], err)
		}
		err = buyRequest(paper.TransactionContext{Transaction: tr}, BuyRequestArgs{args[1], args[2], args[3], args[4], price, args[6]})
		if err != nil {
			return nil, err
		}

		return []byte(fmt.Sprintf("Paper successfully requested")), nil

	case "Transfer":
		err := transfer(paper.TransactionContext{Transaction: tr}, TransferArgs{args[1], args[2], args[3]})
		if err != nil {
			return nil, err
		}

		return []byte(fmt.Sprintf("Paper successfully transfered")), nil
}