ParallelChain® Private

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.

Light-years Ahead

How ParallelChain Enterprise Compares

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

AvailabilityType of BlockchainTransactions Per Second (Single Chain)Transaction ConfirmationData Privacy ComplianceRight to be ForgottenUser Registration: Secured and Trusted Access
logo-0ParallelChain Enterprise 2.0NowPrivate120,000+ TPS~0.003 secondGDPR-friendlyMulti-Biometrics
logo-1ParallelChain Enterprise 1.0NowPrivate100,000+ TPS0.01 secondGDPR-friendlyTwo-Factor Authentication + Biometrics
logo-2CordaNowPrivate800+ TPS"Near instant"Two-Factor Authentication
logo-3Hyperledger FabricNowConsortium3,500+ TPS0.1 secondTwo-Factor Authentication
logo-4Ethereum 2.0>2022Public1,000 TPS5,000 secondsN/A
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.

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.

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®.

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®.

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.

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.

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.

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.

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®.

PreventiveChain
eKYC-Chain
ChattelChain
ApprovalChain
ParallelChain®

Seamless Migration from Hyperledger Fabric

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
}
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