In August 2024, Web3.0 projects completed a total of 117 financing rounds, raising approximately $777 million, which is lower than the monthly average over the past year (around $867 million, shown by the blue line in the chart below). The market experienced significant fluctuations in August, and the capital market was also affected. However, the situation is still better compared to the same period last year.
Dear Partners and Community Members,
We are thrilled to announce that another fundamental patent of Paralism’s parallel blockchain technology, titled “ Semantic Solidification and Derivation Method Based on Public Predicate Logic,” has been officially granted by the China National Intellectual Property Administration, under patent number CN114372471A.
This patent supports the definition and derivation of various types of assets, enabling the integration of Web 2.0 data and value into the blockchain network. This breakthrough allows the blockchain to express a wider range of asset types. It marks another significant technological advancement for Web 3.0 infrastructure, greatly enriching the number and variety of assets within the Web 3.0 ecosystem, laying a solid value foundation for its development. Continue reading “Paralism Secures Another Fundamental Patent from China National Intellectual Property Administration”
Dear Partners and Communities,
We are delighted to announce that Paralism’s patent, “Method for accumulating and co-assembling uniform data” has recently been granted by the European Patent Office, with the patent number 3503495.
As the key support for Web3 infrastructure, blockchain technology’s scalability and parallelism play a crucial role in the large-scale development of Web3 applications. This patent by Paralism addresses the issue of data synchronization efficiency across chains, inherently providing cross-chain capabilities and bringing L1 scalability and performance comparable to that of L2. Continue reading “Paralism’s Another Fundamental Patent for Parallel Blockchain Technology Granted by European Patent Office”
Dear partners and communities,
Good news! Our invention” Value mapping and right-of-way method for digital rights and interests” (Patent No.: CN112085606A) after successfully claimed priority under the Patent Cooperation Treaty (PCT), now already published by United States Patent（USPTO）, publication NO.: US20230315816A1. This patent is aiming for providing efficient and automated solutions for the governance of Web3.0 and DAO. Continue reading “Hyperchain Invention” Value Mapping and Right-of-Way Method for Digital Rights and Interests” has Published by USPTO”
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:
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 |
Dear communities and partners,
We are pleased to announce that Paralism has launched its Asia-Pacific headquarter in Tokyo, Japan, with the aim of strengthening our focus and support for the Web3, DAO, and NFT ecosystems in the Asia-Pacific region. This company will serve as an important part of our strategy to expand our overseas users and ecosystem, driving innovation and meeting the needs of our users and partners. Continue reading “Paralism has Launched Its Asia-Pacific Headquarter in Tokyo, Japan”
On the evening of November 14th, the 13th episode 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 Jack Kong (founder of Nano Labs, a Nasdaq-listed company with ten years of industry experience and successful incubation of the first blockchain industry stock and the first Chinese metaverse stock). The two discussed the latest ” Policy Statement on Virtual Asset Development in Hong Kong,” the problems exposed by the FTX liquidity crisis, and hot topics such as new public chain economic models and NFT. Continue reading “Shi Xingguo Talks to Jack Kong: New Opportunities for Hong Kong Web3 in The Crypto Winter and Lessons from The FTX Crisis”
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 17th, the 11th 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 had a conversation with Chen Haiteng (former CEO of Huobi Japan and Baidu Japan). The topic of their discussion was ” what are the secrets of success to enter Web3 when Japan fully embrace it?” Continue reading “Shi Xingguo Talks to Chen Haiteng: “What Are the Secrets of Success to Enter Web3 When Japan Fully Embrace It?”
