Paralism Attends the top Chinese IT Summit Illustrating the Digital Future Linked with Parallel Blockchain

“Blockchain, and only blockchain can extend the boundaries of IT industry” — in the 2019 China IT Summit last weekend in Shenzhen, the city headquarter with the most Chinese IT companies such as Tencent and Huawei, the founder of Paralism and , Shi Xingguo attended the summit. Paralism is powered by the parallel blockchain technology invented by Hyperchain.

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Technical White Paper of Hyperchain

Version 0.3  2019.1.21


Hyperchain is a brand new Blockchain technology designed to achieve higher performance and data compatibility. It enhances the limitation of Blockchain, namely, low efficiency in generating blocks, serious consumption of computing power and transaction-oriented[1][2]. Although Blockchain technology has been widely accepted as the next generation of Internet infrastructure, these flaws are still the major obstacles for this technology to become world-wide.The goal of Hyperchain is to remove these stumbling blocks in the way. We propose the CAP time-segment consistency in the distributed system and a new algorithm called Buddy Consensus algorithm based on this theory. This algorithm offers three entirely new features: parallel block generating, disposing of discrete data and running virtual chain. Other secondary features, like built-in cross-chain interoperation and customizable consensus can be directly invoked from application layer. All of these features greatly widen the application scope of Blockchain. Hyperchain also can support all common features provided by existing Blockchain, such as transaction, smart contract but it will be more efficient. Continue reading “Technical White Paper of Hyperchain”

Hyperchain Enlists to the Top 10 Best Team of 2018 China Blockchain Excellent Enterprises

On November 22nd, Block Data and Sai Di Blockchain Institution of SMIIT published the list of 2018 China Blockchain Excellent Enterprises. Hyperchain was enlisted to the Top 10 Best Team. Hyperchain team started the R&D of parallel blockchain three years ago and proposed groundbreaking solutions on the aspect of dynamic sharding, unlimited extensibility, cross-chain communication etc. Now Hyperchain has obtained the first group of supporting technological invention patent of parallel blockchain. The founder of Hyperchain is Xingguo Shi, a well-known IT expert of China, he has been devoted to network technology and OS research for decades. He has a number of invention patents and published several related works. Also he has won the National Science and Technology Progress Award. He was former chief engineer of the Internet Laboratory of the Institute of Software of Chinese Academy of Sciences and vice president of Red Banner Linux.

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The First Batch of Parallel Blockchain Technology Invention Patents Obtained the National Authorization

On October 23rd, 2018, Hyperchain received the patent authorization letter from the National Intellectual Property Administration of PRC, stating that the application for the first batch of fundamental technology invention patents submitted by the company in 2016 has been approved.

Similar to how modern communication evolved from the time of Walkie Talkie when conversation had to be sent sentence by sentence to the time of Code Division Multiple Access – CDMA , the development of blockchain is set to enter a parallel era. The grant of this batch of patents lays solid technical foundation and guarantees the role of forerunner for Hyperchain in the future development of blockchain technology.



Hyperchain are invited to deliver a Blockchain lecture to Tianjin University of Technology

July 6th, Mr Chen Guangyu, the CTO of Hyperchain are invited to hold a Blockchain lecture to Tianjin University of Technology. The lecture topic set to Opportunity in Noise and Excitement – The Blockchain Essence and The Future. During the lecture, Mr Chen Guangyu starts from the history of Blockchain, then elaborates the topics of Industrial situation of the Technology, the Technical Crisis and the possible directions of technical breakthroughs one by one. The session have taken nearly four hours but both questions and answers are actively and joyfully till the end. Ms Ma Xiurong, Dean of the School of Electrical and Electronic Engineering of Tianjin University of Technology, believed that this lecture have elaborated the Essence of Blockchain very clearly, have greatly broaden the view of audiences to Blockchain , and have brought a very good help to the University research work.



Hyperchain are invited to join BCAC and CSIA Blockchain Industrial Standard Task Force

May 31st, Hyperchain are invited to attend the kick off meeting of BCAC and CSIA Blockchain Industrial Standard Task Force, several well known industrial partners, such as Blockchain Institute of CCID, Huawei, QiHu, etc. during the meeting two Blockchain standards are reviewed. Hyperchain’s major contributes are fundamental data structure and consensus mechanism . Continue reading “Hyperchain are invited to join BCAC and CSIA Blockchain Industrial Standard Task Force”

Hyperchain are invited to Join in the Expert Panel of Cyptocurrence Ratings Index by CCID of IT Ministry of China

May 11th, 2018, the China Electronic Information Industry Development (CCID) of the Ministry of Industry and Information Technology – has announced today its inaugural monthly Global Public Blockchain Assessment Index at a conference in Beijing. This independent analysis of cryptocurrencies and global public Blockchain technology will act as a guide for government, enterprise and research institutes.

Together with the first-rate domestic experts and scholars, Hyperchain CTO, Guangyu Chen, are invited to join the Expert Panel. in the first session, he brought out Hyperchain’s view of points on Blockchain topics such as the historical change brought by Blockchain, the Blockchan Crisis, real valuable Blockchain Patents, and the possible way of technology breakthough of Blockchain. Continue reading “Hyperchain are invited to Join in the Expert Panel of Cyptocurrence Ratings Index by CCID of IT Ministry of China”

Hyperchain Founding Investor post special series of Cryptocurrency and Blockchain Industry analysis

21st Mar, the founding investor of Hyperchain Inc, Mr Zhang Xiangning, who is a famous angel investor and enterpreneur in mainland China and APAC, has published his special series on Cryptocurrency and Blockchain Industry analysis on as headline of Blockchain news section.

the special series will cover topics such as, Would Bitcoin become crypto Gold?, the value of Bitcoin,  the future of cryptocurrency,  the parallel World would  bring by Blockchain Revolution ,  the  myth and reality of Blockchain, and where the technology breakthrough would happen.



Hyperchain is elected as Vice Chairman Board member of Block Chain Alliance of China

8th,Nov 2017, Laoshan, Qingdao, Block Chain Alliance of China(BCAC), initiated by China Center for Information Industry Development (CCID), have just had the Founding Conference session on 2017 World Internet+Industry Conference. The Alliance is jointed by members from over 100 companies, institutions and government departments which are tapping in Blockchain technology and business development in China. Mr.Shi Xingguo, the CEO of Hyperchain Inc, took a speech of How Hyperchain boost UYOO performance for handling flooding requests of copyright registration on the Internet during the Funding session. Continue reading “Hyperchain is elected as Vice Chairman Board member of Block Chain Alliance of China”