Paraverse Releases White Paper on DeFi
Paraverse Technology Limited, a pioneer in digital parallel world technology, has released a white paper titled “Paraverse: A Decentralized Operation and Trading Platform for 3D Digital Assets.” The paper explores the concept of the “Digital Parallel World” and presents a full-stack technical solution for 3D applications in the Web3.0 era. The paper analyzes the innovative innovation of combining Metaverse and Web3.0 technologies, explores how to reshape production relationships in the 3D industry based on blockchain, and introduces the world’s first decentralized real-time rendering network, distributed verification storage, and encrypted operation system for large-scale 3D assets.
The “Digital Parallel World” merges the virtual and real worlds, creating an internet medium characterized by fairness and transparency. Paraverse has developed ParaLab, a decentralized real-time cloud rendering platform, and ParaHere, a Web3 transaction circulation platform designed specifically for 3D applications. These platforms enable enterprises and developers to rapidly establish a robust parallel world cloud technology infrastructure and facilitate seamless digital asset transactions based on Web3.0 principles.
(With inputs from Shikha Singh)
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