PARA

Paralink Network price
PARA

This is a preview page.
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
Total supply
1B PARA
Max. supply
1B PARA
Self-reported circulating supply
330.26M PARA
33.0266217%


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About Paralink Network

What Is Paralink Network (PARA)?

Paralink Network (PARA) is a multi-chain oracle platform for DeFi and blockchain applications. The platform is built on Polkadot and uses the InterPlanetary File System (IPFS). The Paralink project stands out from the rest by sourcing data through the Paralink Query Language (PQL), which increases transaction speed, finds verifiable data in databases, websites, traditional APIs and receives information from other blockchains.

Developers have the option to create requests themselves and connect smart contracts to the API, and users have the option to receive important real-world data (sports, weather, shares, currency and more). The platform receives data for DeFi applications, currently focusing on the limitations of blockchain applications and delivering a high level of security.

Paralink technology has been in development since Q2 2020. It is designed to solve the oracle problem – blockchain applications can only access the state via public interfaces on the same chain, limiting access to real world data. Paralink wants to make it easier for distribution systems to interact with each other and the real world, where Polkadot acts as a supporting structure for integration. The functionality that is available on the Paralink platform is implemented via open source software – the Paralink node.

Who Are the Founders of Paralink Network?

What Makes Paralink Network (PARA) Unique?

How Many Paralink Network (PARA) Coins Are There in Circulation?

How Is the Paralink Network Secured?

Where Can You Buy Paralink Network (PARA)?

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