Apr 02, 2020
Algorand’s Research team is at the forefront of innovation and achievement for blockchain. Led by Turing Award-winning cryptographer and Algorand Founder Silvio Micali, the latest release from this group is focused on the need for both private and public blockchain.
The Algorand protocol is a public permissionless blockchain platform that enables all organizations, individuals and governments to exchange value in a manner that is efficient, secure and transparent. However, governments, central banks and traditional financial organizations have complex regulatory, control and compliance requirements that frequently require a different solution.
Understanding this need for both public and private blockchains, Silvio Micali has recently shared his latest for Algorand Co-Chains, which are private permissioned chains that interoperate with the Algorand MainNet.