ParallelChain/ XPLL Announcements [Read-Only]

🚀 Exciting news! We're thrilled to welcome Nitin Gaur as our new Growth Advisor at ParallelChain! With over 20 years at IBM and extensive expertise in blockchain, Nitin will be instrumental in driving our growth and innovation. Welcome to the team, Nitin! 👀 Full announcement available at: http://www.parallelchain.io/engage/newsroom/niting-gaur-growth-advisor

😶‍🌫️ Unveiling the power players of ParallelChain at the new Ecosystem Directory: 🌐 https://parallelchain.io/about-us/ecosystem 🌪️ Discover the emerging blockchain and AI projects poised to revolutionise web3 with ParallelChain. Partner up with us to leave your mark!🦄

📢 April 2024 Bulletin is packed with updates on ParallelChain Mainnet and "BINGO" 🚀 🔹 ParallelChain libraries now available on crates.io for easier access to Rust coders 🔹 Our Rust-WASM compiler is now compatible with Rust's latest version 🔹 Progress on digital identity products 🔹 Website revamp progress & more! 👉 Check out the full bulletin for all the details: http://www.parallelchain.io/engage/newsroom/monthly-bulletin-april-2024

🚀March 2024 Monthly Bulletin As we turn the corner on March, this month's monthly bulletin sees us: ✅Hotstuff-rs v0.4 Milestone x2: Achieve important foundational milestones - Hotstuff-rs v0.4 now comes with improved safety & performance 🏁1: Overhauled code organisation 🏁2: Created Pacemaker, a brand-new algorithm that will speed up view synchronisation ✅KYC on-Demand Alpha Test 1.0 concluded with important feedback on UI/UX development 🛂💻 More #buidling is projected to happen behind the scenes this April, as we tackle other milestones set for Hotstuff-rs v0.4. We also work towards a Mainnet Docs & Libraries revamp expected to contribute to a better dev experience. 👀 Monthly Bulletin in full at https://parallelchain.io/engage/newsroom/monthly-bulletin-march-2024

As DeFi gains broader adoption, it also faces increasing regulatory challenges🔏 This is where ParallelChain steps in, offering a suite of on-chain DeFi compliance tools 🛠that strike a balance between decentralisation and regulatory adherence. Building compliance solutions for DeFi begins with a solid understanding of CeFi's regulatory frameworks. Among these, Know-Your-Customer (KYC) standard stands out as the first obstacle to overcome ⚔️ In this article 👉 https://parallelchain.io/engage/newsroom/new-kyc-paradigm, you will discover: 💡what is KYC 💡the challenges of applying the current KYC practices to DeFi 💡how ParallelChain translates CeFi KYC standards to DeFi. For example, achieving Proof-of-Personhood (PoP) with AI 💡applications of zk-SNARKs and zk-STARKs in KYC 💡applications of cryptography and hashing in KYC data security Share this article, tag @ParallelChainLB on X, and keep the conversation going!🎢

🔎 ParallelChain on The Coin Bureau: Revolutionize Web3 Identity With AI Recently, we released a whitepaper on how ParallelChain is powering an integrated identity system for web2 and web3. Daunted by the details 💫? The Coin Bureau has got you covered with a brilliant breakdown - discover how ParallelChain tackles the complexities of digital existence. Say goodbye to fragmented experiences & hello to a seamless, secure, self-sovereign identity! 🌐✨ Dive into how we're: 🔒 Enhancing user privacy with cutting-edge Zero-Knowledge Proofs and Edge AI. 🛠️ Simplifying developer & user experiences across platforms. 📜 Navigating regulatory landscapes with innovative compliance tools. 📊 Entering a new era of data economy owned by YOU. Check out the article at https://www.coinbureau.com/press-release/parallelchain-ai-web3-identity/ 🗯 Repost and share your thoughts!

KYC on-Demand: An Open-Access Identity Verification System Powered by AI 🌐 The customer onboarding and KYC market is dominated by heavy products that cater for large B2C businesses, such as banks and telecoms🏢. KYC on-Demand is a web-based solution that requires no subscription and operates on a pay-as-you-use model. No more hefty fees or complex setups! 🆓 🔓Our mission? To democratise identity verification, ParallelChain is making this technology accessible to all. 🕶️ It’s a showroom of some of ParallelChain’s industry-leading AI in biometrics and document verifications. 📍 Check out this infographic for a sneak peek at the version 1.0 roadmap, where we're at (Alpha Test), what's in store for the first release, and what’s coming after! 🌍 The best part? KYC on-Demand is just the beginning. As an off-chain product, it lays the foundation for future integration with ParallelChain Mainnet and other blockchains. Stay tuned for more news!🚀

It's a win!🏆ParallelChain Lab is proud to have won the challenge call organised by the Singapore Personal Data Protection Commission—the main authority governing Singapore's data privacy regulations! The challenge called for an age estimation method that does not rely on face analysis to determine the age groups of online users. ParallelChain Lab's solution is AI-based software that utilises state-of-the-art voice analysis technology. This voice technology has been added to ParallelChain's arsenal of identity solutions, enhancing its current KYC products and paving the way for brand new ones. This invention is an exciting one for ParallelChain 🌍, it unlocks solutions for dapps to navigate regulation, particularly in user verification, while placing emphasis on user privacy and data ownership—the ethos of web3. 💡Here’s a question: what applications do you envision for this technology in web3? Find out more details in the press release 👉 https://parallelchain.io/engage/newsroom/imda-pdpc-winner

ParallelChain is thrilled to share the release of our latest whitepaper, 'Reinventing Identity: A ParallelChain Initiative'. This whitepaper explores a redefined concept of identity in the digital age, and details ParallelChain's strategic initiatives in making this concept areality. With ParallelChain's cutting-edge platforms and technologies, we are empowering individuals and communities to create identity solutions that transcend traditional boundaries.💡 The paper is directly accessible at this link. You can also click the 'Project Whitepaper' button at https://parallelchain.io/learn/roadmap to access the whitepaper and discover how ParallelChain is shaping the future of identity in the digital age. Let's redefine what it means to be ourselves in a connected world.🌐

🚀Prepare for take-off with the ParallelChain Roadmap!🚀 Today, we proudly unveil an updated 🧭ParallelChain Roadmap🧭, outlining the strategic direction we are taking to advance the mission: https://parallelchain.io/learn/roadmap Whether you are new to ParallelChain or have been here from the beginning, start by checking out the Project Vision page. Let’s remind ourselves why we do what we do – to create a future for digital identity that bridges centralised and decentralised systems, that spans Web2 and Web3.🌏 Then, take a deep dive into the four stages of the Roadmap: 1️⃣Laying the Foundatiom 2️⃣Decentralise 3️⃣Reclaiming Control 4️⃣Bridging Worlds This four-part journey details how ParallelChain began, the journey it took to get here, and the exciting plans that lie ahead. Together, let's boldly go where no one has gone before and chart a course towards a brighter digital future. A new world awaits!🌕