GEM Digital commits $50M to ParallelChain Lab for L1 protocol development
![GEM Digital commits $50M to ParallelChain Lab for L1 protocol development](https://cryptoinvestment.at/wp-content/uploads/2022/09/gem-digital-commits-50m-to-parallelchain-lab-for-l1-protocol-development.jpg)
As a proof-of-stake layer-1 protocol, ParallelChain intends to deliver an architecture that operates in confidentiality while allowing to validate transactions.
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As a proof-of-stake layer-1 protocol, ParallelChain intends to deliver an architecture that operates in confidentiality while allowing to validate transactions.