In an article titled as “Chinese Enterprise Launches Leading Blockchain Mainnet ” released by ChinaNews lately, Paralism was reported as the first blockchain platform powered by parallel blockchain technology and was introduced about its breakthroughs of “dynamic sharding ” “parallel consistency” and “cross-chain interconnectivity”. The article says, parallel blockchain solves three most fatal flaws in Blockchain: block-generation efficiency, sacalability and cross-chain interconnectivity. And it has become the embryo of the Internet of Value.
Before that, Paralism made its debut at “ChainPlus 2019” Summit held in Soul and received coverage by MTN,NewsBTC,etc., the prominent Korean media and international Blockchain media. In the summit, some decentralized applications built on Ethereum or EOS(Enterprise Operation System) showed great interests in optimizing the performance and user experience of DApp by using the parallel system of Paralism. Some well-known think tanks are discussing the possibility of building Smart City using Paralism. Due to its features such as limitless scalability, performance at backbone-level network and cross-chain interconnectivity, Paralism has earned high recognition from different parties.
The article by ChinaNews represents the ongoing attention from Chinese mainstream media for Blockchain technology. “The 13th Five-Year Plan for National Informatization” has enlisted blockchain, quantum communication, AI, big data and other technologies as the “major task and significant project” of “The 13th Five-Year Plan” and encourages innovations in blockchain R&D. Paralism has been granted patent by National Intellectual Property Administration of PRC on its invention of Buddy Consensus and Hyper Block Protocol, which is suitable for parallel blockchain and become the forerunner of parallel blockchain. With parallel blockchain technology, Paralism will push forward the perfection of underlying infrastructure and explore effective landing and innovative application for blockchain.
Click the link for more information:
http://www.chinanews.com/business/2019/02-03/8747062.shtml
Official website： www.paralism.com