Company Information

Get to know Parity Network

Founded by Ethereum co-founder Dr. Gavin Wood, Parity Technologies is a global team of leading cryptographers, developers, and researchers dedicated to building the future of the decentralized web (Web3). The company's mission is to empower developers to create better services and products through decentralized technology. Its core contributions include the Substrate blockchain framework, the Polkadot and Kusama network protocols, and Parity Signer, a mobile application for secure crypto transaction signing. Parity focuses on creating open-source technologies that enable a more equitable and resilient internet.

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Technology Software DevelopmentPRIMARY
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Parity Network

United Kingdom

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.