Category: news-events

In order to better support Ethereum ecosystem projects, Paralism has added compatibility with the Ethereum protocol based on its parallel chain mechanism. The data generated by Ethereum protocol applications with the same genesis block will form a new Ethereum chain stored in the Paralism hyperblock data structure. The number of Ethereum chains is unlimited.

In the future, Paralism will activate a dynamic sharding mechanism, at which point the performance of the Ethereum chain will rival that of Ethereum 2.0. We will also provide better cross-chain support for upper-layer applications then. Continue reading “Announcement: Parallel Chain Paralism That Hyperchain supported Has Added Ethereum Protocol Compatibility”

Dear partners and communities,

We are pleased to announce that our invention, ” Value mapping and right-of-way method for digital rights and interests” (Publication No.: CN112085606A) has successfully claimed priority under the Patent Cooperation Treaty (PCT) (Publication No.: WO2022057359A1) and we have now filed for a United States patent（to USPTO） and wait to be granted.

For a market that is purely transactional and based on centralized transactions，In the process of asset issuance, exercise of rights and interests, and price formation, there are still a lot of manual processes and matching behaviors. With the development of blockchain technology, a wider range of rights and asset types have emerged which are quite different from those traditional centralized forms, such as cryptocurrencies, NFTs or DAO governance rights. For those decentralized scenarios, manual processes are considered to be a violation of the rules. However, this patent provides an efficient and automated solution for the governance of web3.0 and DAO.

The application includes but is not limited to the following scenarios:

• Digital treatment-free scheme for option and stock right
• Autonomous operation of online communities
• Entrepreneurial project self-service investment and financing
• Dao automated governance

Our invention and PCT priority are not only a recognition of our engineers and R&D team, but also a commitment to our company’s continuous pursuit of excellence and innovation. We will continue to devote ourselves to the innovation of parallel blockchain technology and product development, providing better products and services for our clients and community.

We look forward to sharing more updates with you as we continue to develop and innovate in this exciting field. Thank you for your ongoing trust and support.

Hyperchain team

Annex:  Part of Hyperchain’s core patents (granted)

Name of Patent	Patent No. # (US, EU, CN, PCT)	Role
A METHOD FOR GENERATING AND MAINTAINING RELIABLE DATA IN NETWORK ENVIRONMENT (Applied 2016, Granted 2019)	CN201610326235.9 (CN) US10949563B2(US) EP3460706A4(EU)	The fundamental of theoretical framework of parallel blockchain
A METHOD FOR ACCUMULATING AND CO-ASSEMBLIING UNIFORM DATA  (Applied 2016, Granted 2018)	ZL201610686127.2 (CN) US10735415B2(US) EP3503495A4(EU)	Parallel blockchain consensus algorithm
A METHOD FOR PARALLEL MAINTENANCE OF DATA CONSISTENCY (Applied 2016, Granted 2019)	ZL201610537425.5(CN) US11036760B2(US) EP3483749A4(EU)	The key data structure of  parallel blockchain
A METHOD AND A SYSTEM FOR STRATEGY-BASED DIGITAL ASSET TRADING	CN201610685435.3(CN) WO2018032762A1(PCT)	protect and realize hybrid rights by blockchain
VALUE MAPPING AND EXERCISE METHOD FOR DIGITAL RIGHTS	CN202010982713.8(CN) WO2022057359A1(PCT)	The basic structure of DAO equity
A METHOD FOR PROTECTING CONSISTENCY OF DATA ACCUMULATED BASED ON CRYPTOGRAPHY DIFFICULTY	CN201910111220.4(CN)	Protecting anti attack data structure of parallel blockchain

On the evening of October 24th, the twelfth episode of the fifth season of ” Observing the Langya List ” was broadcasted, and Mr. Shi Xingguo (member of the Blockchain Special Committee of the China Computer Federation, founder of Hyperchain, winner of the National Science and Technology Progress Award, and former chief engineer of the Internet Laboratory of the Software Institute of the Chinese Academy of Sciences) was the host. He was joined by Gu Yanxi (a researcher and practitioner in the blockchain and encrypted digital asset industry). The two guests provided an in-depth analysis of the storm caused by the launch of Aptos and the underlying logic of Web3 applications, as well as the competition of Hong Kong as an international virtual asset trading center.

Regarding the recent hot topic of Hong Kong’s competition to become the global development center for virtual finance, Gu Yanxi said: “After the policy was clarified, with the support of the Hong Kong government, I believe that Hong Kong will attract more talent and capital. Continue reading “Shi Xingguo Talks to Gu Yanxi: Analysis of The Storm Caused by The Launch of Aptos and The Underlying Logic of Web3 Application”

 

On the evening of October 10th, the 10th episode of the fifth season ” Observing the Langya List ” was broadcasted. and Mr. Shi Xingguo (member of the Blockchain Special Committee of the China Computer Federation, founder of Hyperchain, winner of the National Science and Technology Progress Award, and former chief engineer of the Internet Laboratory of the Software Institute of the Chinese Academy of Sciences) was the host. He talked with Yang Mindao (the founder of dForce). The two experts discussed the topic of “The New Public Chain Competition: Can Move Language Trigger the Next Bull Market?” from different perspectives, with Mr. Shi being a blockchain technology expert and Mr. Yang being a experienced entrepreneur and investor in the field of cryptocurrency. Continue reading “Shi Xingguo Talks to Yang Mindao: The New Public Chain Competition: Can Move Language Trigger the Next Bull Market?”

They represent teams of startups and giant enterprises respectively in the Web3 field, and examine the current development of Web3, meta-universe, and digital collections from multiple perspectives such as technology and business. In their words, professional discussions are vivid metaphors, but not boring words.

When talking about the difficulties and challenges of promoting the transformation of traditional enterprises to Web3, Mr. Shi Xingguo said, “From one perspective, we are mammals in species evolution, but we were originally a fish trying to climb from the sea to the land. From this day on, we can no longer regard ourselves as a fish. As for enterprises, once they really realize that they should evolve to the Web3 field, they actually cannot use their traditional enterprise perspective and thinking to consider themselves. I think this is the first and biggest challenge for enterprises to transition to Web3.” Li Gangrui said: “The sooner you start running with new legs, the greater the chances of success. The obstacles mentioned just now actually require enterprises to actively join and keep trying.” Continue reading “Shi Xingguo Talks to Li Gangrui: Which Will Be the First to Realize Web3, Giant Enterprises or Entrepreneurial Teams?””

As the leader in Web3 technology innovation, Mr. Shi Xingguo, and lawyer Xiao Sa, who focuses on legal business in emerging technology fields, analyzed the legal risks and made suggestions from multiple angles such as legislation, implementation, and enforcement in the development of Web3 in China and the world, covering sub-fields such as NFTs, digital collections, Gamefi, DAO, etc.

“Legislation and technology are not contradictory, but should be combined,” said lawyer Xiao Sa in the interview. Recently, she discussed the combination of Legislation and technology with some technical researchers, using blockchain smart contracts as legal rules to prevent users from engaging in illegal operations, which is closer to the realm of “doing what one desires without overstepping boundaries” advocated by Confucius. “Using technological methods to make the operation of the law better and the law makes technology more capable of shining the way forward for humanity, which benefits both parties.” Continue reading “Shi Xingguo Talks to Xiao Sa: Legal Regulation f NFTs/Digital Collections And Possible Ways for DAO in China”