ParallelChain ecosystem’s first native wallet goes live in public beta, team invites testers with iOS-based devices
- Beta program open to ParallelWallet testers
- Bringing Next Generation Biometric Technologies to Crypto: What is Parallel Chain?
ParallelChain, an ecosystem built around high-performance low-latency blockchain, now has its own crypto wallet in beta version. This product takes advantage of all technological advancements by the ParallelChain team, including its proprietary AI and biometric tools.
Beta program open to ParallelWallet testers
As per the official announcement shared by the team at ParallelChain, its ParallelWallet service has started a testing program for iOS users.
calling 50 #parallel wallet Beta Testers on iOS!
Improved Multi-Bio Authentication
Parallel Series-ed Account Log
A Sleek Look and Feel
See all features in the release notes: https://t.co/GkV83DgtDw
Sign up now for an early preview and a chance to win prizes!🏃🏃️💨 pic.twitter.com/HZKGN7lNGv— ParallelChain ($XPLL) (@ParallelChainLB) 2 June 2022
Crypto enthusiasts can sign up for the program until June 5, 2022 (5 PM UTC). ParallelChain Lab will select 50 testers for this phase of experimentation with the ParallelWallet beta version for iOS. Successful testers will be rewarded with XPLL tokens for their insightful feedback.
The test will include simulating operations with Bitcoin (BTC), Ethereum (ETH), US Dollar Tether (USDT) and USD Coin (USDC).
In addition, testers will be able to try out “parallel chain-ed” activity logs, privacy modes, and built-in live token price charts. In addition, traders will sign into their wallets with ParallelChain’s proprietary multi-biometric instruments.
Bringing Next Generation Biometric Technologies to Crypto: What is Parallel Chain?
This security option allows ParallelChain to solve key privacy and security issues: Unlike passwords and 2FA devices, biometric data cannot be compromised.
Ian Huang, founder and CEO of Parallel Chain Lab, explained that the multi-biometric tools introduced by his team can overcome the security barriers in Web3:
Imagine a world where customers can take their real-world purchases with them in Web 3.0! What we are talking about is the possibility of building a metaverse that works as smoothly as in the real world and, for example, can convert loyalty points into digital rewards. ParallelWallet provides a secure security for transactions on the blockchain platform, which is truly a “blockchain in your pocket”.
ParallelChain’s multi-biometric identification solution comprises three modules: Anti-Spoofing Facial Recognition Instrument, Voice Recognition Tool and Palmprint Recognition Technology.
This combination ensures that no hacker will be able to coordinate an attack on ParallelChain’s security and privacy.