Founded in 2018, ParallelChain Lab (https://parallelchain-lab.io/) is a Singapore-based software engineering company specialising in distributed systems and artificial intelligence technologies. It is the R&D arm of ParallelChain – an ecosystem of public and private smart contracts and applications powered by two layer-1 blockchains: ParallelChain Mainnet (a proof-of-stake open-source platform for building web2-interoperable decentralised applications) and ParallelChain Enterprise (a permissioned blockchain for use cases that demand stronger privacy, scalability, and compliance features). With the goal to make blockchain a trusted technology accessible to everyone, ParallelChain Lab develops turn-key blockchain solutions integrated with Artificial Intelligence capabilities.