April 2021 Newsletter — XPLL edition

ParallelChain Lab
ParallelChain Lab Blog
5 min readApr 19, 2021

Featuring….

🔵 Everything you need to know about the XPLL token private sale
📝 Crypto and blockchain journalists heap praise on the ParallelChain® ecosystem
🗨️ DTL’s Chief Scientist and CMO were invited to speak at industry events
🕹️ DEMO TIME!

Foreword

Since we announced the private sale of ParallelChain®’s XPLL utility token, we’ve been met with overwhelming interest and a HUGE number of responses and buyers from all over the globe. Whether you are an XPLL holder, one of our clients, or simply intrigued with the project, the Digital Transaction team humbly welcomes you to this growing community. Our vision is to build the next generation technology infrastructure for a fully connected and trusted digital world with ParallelChain®, and we hope you will be right there with us along the way.

Make sure to follow us on our various social channels (LinkedIn | Twitter | Telegram| YouTube | Reddit) to receive daily updates on what’s going on in the ParallelChain® and XPLL ecosystem.

XPLL Token

Here’s a quick recap on everything you need to know about the XPLL token private sale. Please note that, if you are a retail participant who have already bought XPLLs, you will receive the tokens in your wallet after they are minted in May, and you will be free to trade your tokens immediately after they are launched on exchanges.

Token Specification:
Token Name: ParallelChain Token (XPLL)
Token Type: Utility Token (ERC-20)
Issuing Entity:
Digital Transaction Limited
Trade Currency:
Euro, USD (fiat); BTC, ETH, USDT and USDC (cryptocurrency)
Total Supply: Capped at 1,000,000,000 for the first 3 years following completion of the Private Sale
Token in Circulation: 400,000,000 (unsold token will be returned to the treasury)
Token in Treasury: 600,000,000
Current Issued Price (Private Sale): €0.50 or US$0.60 per token
Token Sale Phases and Distribution:

How to participate in XPLL private sale?
1. Visit the official XPLL webpage on our website: https://www.digital-transaction.com/xpll
2. Click “Get XPLL Early” and fill in your personal information
3. Confirm your registration on your email
4. One of our representatives will get in touch over email and guide you through the purchasing process.
5. Fill out your purchasing amount and currency, personal details and sign the electronic SAFT (Simple Agreement for Future Token).
6. Make your payment: bank transfer OR crypto transfer (bank account number and wallet address are written on the SAFT)

*For further information or assistance, please ONLY contact our admin on our official Telegram group (t.me/digitaltransactionofficial)or via email at xpll@digital-transaction.com

What’s been said in media-land?

  • BeInCrypto: “The ParallelChain® ecosystem seems quite promising judging by the way it has progressed over the past couple of years. It offers multiple use-cases while solving some of the major pain points left unresolved by the likes of Ethereum, Polkadot.”
  • Lucas Cacioli, former Editor-in-Chief at Blockchain.News: “ ParallelChain®’s unique Proof-of-Immutability (PoIM) algorithm achieves true finality in real-time, will work even if the internet is down and will be able to maintain security even if an attacker or malicious actor had control of the internet itself.”
  • Lara Abdul Malak, Editor-in-Chief at UNLOCK Blockchain: “Another first for ParallelChain® is that it is the first to launch the notion of a personal blockchain. If your crypto wallet were on your personal blockchain, no one could see it or have access to it. Individuals who place their personal information on that personal blockchain can choose to only share it with those they want.”
  • Jame DiBiasio, Founder of DigFin: “ParallelChain® has built-in ‘right to be forgotten’. Immutability is a problem for enterprises — someone sends you child pornography via a blockchain, if that gets verified, you can’t delete it. This is one reason why businesses want control over data and counterparties in a network.”
  • CryptoPotato: “One of the many things that make ParallelChain’s offering distinct is the multitude of potential use cases, catering to virtually any industry. Immutable data storage and workplace data protection are tackled with efficiency.”

Other News

  • Chief Scientist Dr. Geoffrey Yuen was one of the guest speakers at the 2021 Automation & Digital Intelligence Online Symposium (19th March), organised by The Hong Kong Institution of Engineers. Dr. Yuen, who invented DTL’s groundbreaking anti-spoofing facial recognition technology, spoke about how blockchain is critical in forming the foundation of modern-day enterprise AI.
  • Noëlle Gahan, Digital Transaction’s Chief Marketing Officer, was invited to speak in a panel hosted by PRHK (an industry organisation for PR and communications professionals in Hong Kong) on “Communicating and Marketing New Tech”. Also on the panel were senior marcomms veterans from Uber, DBS Bank and Deliveroo. #womenintech!

ICYMI

  • We mean what we say. ParallelChain® prides itself by being (by far) the fastest blockchain in the world in speed (over 100,000 TPS) and latency (0.003s on average). In this demo video, our engineering team demonstrates these performance characteristics in a simulated environment using computer codes and illustrations. Watch it here: https://www.youtube.com/watch?v=AzkALCfn9a8
  • One of ParallelChain®’s signature features is its ability to support the seamless migration of applications from Hyperledger Fabric and Ethereum 1.0, two of the most widely used blockchain networks. Our engineering team built this demo guide(towards the bottom of ParallelChain webpage) where we compare smart contracts on ParallelChain® and Hyperledger, and explain in great detail and codes how they interact with each other.

JOIN US!

Are you interested in working in one of the fastest-growing technology markets? We are looking for talented and passionate individuals, from graphic designers to engineering experts to crypto gurus, to join our growing team of marketers, engineers and scientists. Check out all our current job openings, including Crypto Marketing VP, Senior Software Engineer, Content Marketing Executive and many more…

About Digital Transaction Limited
Founded in 2018, Digital Transaction Limited is a Hong Kong breakthrough enterprise blockchain technology company. Digital Transaction is the home of ParallelChain™, the fastest, most scalable and the only GDPR privacy compliant blockchain in the world. With 10 patents pending, as well as an award-winning technical team, strong business execution and deep market insight, Digital Transaction consistently rolls out technical innovation leading the Distributed Ledger Technology movement with unmatched products that unlock enterprises’ digital transformation initiatives.

Visit website: https://www.digital-transaction.com/

Follow Digital Transaction on social media:
LinkedIn | Twitter | Telegram| YouTube | Reddit

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