Vision and Mission
The user data landscape is evolving from a centralised and enterprise-anchored model to a more decentralised and user-controlled one that resides across various blockchain networks. This shift has introduced divisions and necessitates a negotiation between:
User Freedomvs. Convenience
Privacy of Onevs. Ecosystem of Many
Our mission is to create a universal identity system that works for every infrastructure—from blockchain to centralised systems—it's about ensuring everyone and everything stays connected as the digital world evolves.
Our Story
ParallelChain Lab is a blockchain and AI software company at the forefront of digital identity. BINGO, our flagship product suite, empowers global users with a trusted and seamless identity experience across centralised and decentralised webs. ParallelChain Lab is also the core developer behind ParallelChain Mainnet, a proof-of-stake public blockchain platform providing a privacy-focused identity infrastructure for the DeFi community.
Founded in February 2018, ParallelChain Lab is headquartered in Singapore, with offices in Hong Kong and Bangkok.
Our Impact Principles and Operations
If we don't care for the environment, there is no future to build for.
Building for the future is not just about what comes next, but many years ahead — it's about sustainability. Our blockchain platform, ParallelChain Mainnet, operates on a proof-of-stake consensus mechanism, reducing energy consumption by > 99% compared to traditional proof-of-work systems. Furthermore, our path to achieving net-zero emissions is paved with initiatives in green tokenisation and sustainable development practices
Community first, bridging digital divides.
We believe that innovation should fundamentally aim to improve lives, this is reflected in the work at ParallelChain Lab, where we focus on creating solutions that focus on digital inclusion. We empower everyone with digital access, ensuring that the benefits of technology reach even the most underserved and underrepresented communities.
Here at home, we also celebrate diversity — our on-site team consists of individuals from over 10 countries.
Leading with accountability and trust.
Our approach to governance is about more than compliance, it is about being open, earning trust, and ensuring that every leadership decision aligns with the company’s principle to innovate responsibly.
Explore More
Teams
Get to know us better - here’s what we are all about.
Mainnet
Check out our public blockchain powering the decentralised community.
Newsroom
Have a look at our latest events and updates.
Artificial Intelligence
Understand the AI technologies behind our digital identity and CRM solutions.
Blockchain
Our R&D works in layer-1 protocol and other blockchain solutions.