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What is Parity Technologies?

Crypto Terms Glossary: What is Parity Technologies?

Parity Technologies is a blockchain development firm that focuses on building distributed computing platforms and applications that are designed to empower the next generation of decentralized services for Non-Governmental Organizations (NGOs), large enterprises, consortiums, governments, start-ups, and more. Parity's main focus is on creating solutions that make use of cutting-edge cryptography and decentralized consensus architectures that are designed to provide enhanced scalability, security, upgradeability, and interoperability. Parity Technologies is directly affiliated with (and partially owned by) the Web3 Foundation, Polkadot, and Kusama.

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