# Parallel Network – Parallel Labs Introduces Innovative Layer 2 Platform on Arbitrum Orbit

Parallel Labs has officially announced the launch of Parallel Network, a new Layer 2 platform. This groundbreaking innovation is built on the Arbitrum Orbit chain and marks Parallel Labs’ entry into a new era of blockchain technology. The launch of Parallel Network signals Parallel Labs’ commitment

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| Published | 29 December 2023 |

Source: https://egamers.io/parallel-network-parallel-labs-introduces-innovative-layer-2-platform-on-arbitrum-orbit/