El Salvador Signs a Cooperation Agreement with Koibanx to Develop the Government’s Blockchain Infrastructure on Algorand

Welcome To The Future
Of Finance.

The convergence between decentralized and traditional financial models is accelerating and we are here to power it. Our open source technology is intentionally designed to enable the simple creation of next generation financial products and disrupt economic models across industries where the exchange of value can be made more efficient

Smart Contract Power: Fast & Final DeFi at Scale

DeFi is disrupting the financial landscape as we know it, expanding access and making opportunities more inclusive. With continually advancing smart contracts, a high performing Layer-1, and interoperability frameworks, Algorand is welcoming a new wave of DeFi.

Technology Designed for FutureFi

Algorand created the world’s first pure proof-of-stake foundational blockchain designed for the future of finance. Beyond the elementary requirement of an open, public network, Algorand’s technology enables a set of high performing Layer-1 blockchains that provide security, scalability, complete transaction finality, built in privacy, Co-Chains, and advanced smart contracts that are essential in a FutureFi world.
Our continuing technical innovation and development is focused on:
  • Interoperability
  • Private and Public Models
  • Performance and Scale
  • Layer-2 Smart Contracts

Algorand's Innovation at Work

The first use of Algorand's blockchain technology was the open-source Algorand MainNet. The world's first pure proof-of-stake protocol, the Algorand blockchain is overseen by the Algorand Foundation and is open for any individual or organization to interact with.

Algorand Foundation

Algorand Foundation

The public network is managed by the Algorand Foundation


Algorand’s open source blockchain is used by a growing number of organizations
Algorand Wallet

Algorand Wallet

The Algorand Wallet is a user friendly way for anyone to interact with the public network