Paralism’s Another Fundamental Patent for Parallel Blockchain Technology Granted by European Patent Office

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.

Moreover, this patented technology supports the wide issuance and interaction of Protocol Chains and App Chains, lowering the cost and usability threshold of Web3 applications to levels similar to those of traditional Web2 applications.

The grant of this patent marks another significant milestone of Paralism. It not only reinforces our leading position in parallel chain technology but also further advances the innovation and development of blockchain technology. We will continue providing more efficient and secure blockchain solutions for our customers and partners.

Here we also extend our deepest gratitude to all the team members and partners who have contributed to this achievement!

Paralism Team

09, Aug, 2024

Annex:  Part of Paralism’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 CN201610326235.9 (CN)

US10949563B2(US)

EP3460706A4(EU)

The fundamental of theoretical framework of parallel blockchain
A METHOD FOR PARALLEL MAINTENANCE OF DATA CONSISTENCY 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