Six Clovers, a decentralized global payments network, announced the launch of its financial technology infrastructure connecting banks, merchants, and payment providers to transact in digital currencies around the world.
Six Clovers, a decentralized global payments network, announced the launch of its financial technology infrastructure connecting banks, merchants, and payment providers to transact in digital currencies around the world.
Tokenization of real-world assets, including money, real estate, commodities, shares, and art, is poised to become the next big trend in finance - learn how to tokenize assets using the Algorand Standards Assets (ASA) framework on the Algorand blockchain.
Learn how non-fungible tokens (NFTs) can be programmed to enable creators to receive blockchain royalties.
Arrington Capital, a digital asset management firm in blockchain-based capital markets, today announced it has launched a new $100 million USD fund to support initiatives building on Algorand, a leading blockchain accelerating the convergence of decentralized and traditional finance. The Arrington Algo Growth Fund (AAGF) aims to encourage and spur additional development on Algorand, which has seen significant growth and adoption recently across DeFi (decentralized finance), traditional finance, the public sector, NFT space and more.
Xfinite and Eros Now, a leading over-the-top (OTT) South Asian entertainment platform, announced they have expanded their partnership for a blockchain-based content engagement program powered by Algorand.
Discover a list of innovative tokenized assets that operate on the Algorand blockchain.
MAPay, a global healthcare technology firm with a focus on decentralized payment networks, today announced it will introduce its own stablecoin on Algorand to improve the efficiency of the healthcare system, starting in Bermuda.
Exodus, a company focused on making cryptocurrency easy and accessible for everyone, today announced that its digital Common Stock Tokens that each represent one share of its Class A common stock (the “EXIT” tokens) will use the Algorand blockchain as their native blockchain.
Investment firm Borderless Capital has pledged $25 million to fund blockchain investment in the city of Miami.
In 2020, Latam received more than 100bn USD and Spain sent more than 18bn USD. Algorand and Bnext join forces to revolutionize the remittances market in Europe and Latam. Bnext will take advantage of Algorand’s high performing and cost effective blockchain infrastructure to make transactions extremely convenient and accessible.
Learn how Algorand offsets its carbon footprint to become a carbon-neutral blockchain network.
Learn about asset tokenization and the role it is poised to play in the future of finance.
Alastria, a Spanish non-profit association that promotes the digital economy through the development of decentralized ledger technologies/Blockchain, welcomes Algorand Inc as a new member of their consortia
Osprey Funds, a premier digital asset management firm, has launched the Osprey Algorand Trust for U.S. and international investors. The fund is the first investment product offering exposure to ALGO, the native token of the Algorand network.
Reach, a development platform enabling any developer to build decentralized applications, announced they’ve raised $12 million in funding to simplify blockchain development and unlock the next generation of decentralized applications.
The API connector between Algorand and SAP is now live. The open connector API provides the much-needed interoperability between SAP enterprise applications on the SAP Cloud Platform (SCP) or standalone SAP Clients and the Algorand protocol.
VitalPass is the first digital passport created to track Covid-19 vaccination through advanced blockchain technology from Algorand to guarantee security, traceability, and transparency during the vaccination process across Latin America.
An update on accessible languages and the Algorand Virtual Machine (AVM) to empower developers and applications for the future of finance
ANote Music, the marketplace for investing in music royalties, focused on bridging the gap between the music industry and capital markets, today announced that their platform has integrated with Algorand.
Learn how Algorand solves the blockchain trilemma, explained by Algorand founder Silvia Micali on the Lex Fridman Podcast.
Learn about how SIAE (Società Italiana degli Autori ed Editori) has tokenized 4 million copyrights on the Algorand blockchain.
Realio announces the closing of its second fund in collaboration with Valentus Digital for the Liquid Mining Fund (Liquid Mining Fund), coupled with a conversion right for digital securities in LMX Token Issuer (LMX). Liquid Mining Fund is focused on investing in early-stage, next-generation bitcoin mining businesses, which will provide investors who are seeking opportunistic access to bitcoin (BTC) with an alternative, structured investment vehicle.
Learn about the importance of transaction finality and speed in the process of minting non-fungible tokens (NFTs).
Discover how Algorand provides anyone in the world with an Internet connection access to the NFT market with fractional NFTs.
In this blog post, Andrea Civelli elaborates on one of the principles of designing a successful Central Bank Digital Currency (CBDC): the promotion of inclusion and innovation.
Learn about the importance of transaction finality and speed in the process of minting non-fungible tokens (NFTs).
Algorand is committed to providing full transparency into our actions and token holdings. As previously outlined, we will be providing transparency reports on a regular basis. This report covers the period from Nov 1, 2020 through April 30, 2021. Our wallet addresses, previous transparency reports, and statement of use can be found here.
Non-fungible tokens (NFTs) have managed to consolidate as an independent market after several consecutive months of impressive gains. But minting and trading NFTs is not that easy & most platforms don’t prioritize the user experience for now. Here's how Algorand’s Layer-1 chain Is Ideal for NFTs:
The Algorand Foundation announced that pNetwork, a cross-chain composability system that allows assets and Non-Fungible Tokens (NFTs) to move freely between blockchains, has partnered with Algorand to launch cross-chain bridges for the Algorand ecosystem.
Discover why minting NFTs on a forkless blockchain is the right move for non-fungible token issuers.
Simetria, an Israeli digital securities exchange that will soon be launched with regulatory approval, today announced it will be building its next generation securities exchange on Algorand as it looks towards leveraging advanced blockchain technology to disrupt market infrastructures with its innovative digital exchange.
Algorand, a leading blockchain technology company designed to be the most efficient and greenest blockchain available, today cements its leadership and commitment to the environment by announcing its blockchain is fully carbon neutral.
Everyone can build on Algorand without having any remorse for climate change.
Our planet Earth can no longer afford unsustainable technologies.
BridgeTower Capital, a global private equity firm, focusing on traditional private equity investments and blockchain and DeFi markets, announced a partnership with Algorand. BridgeTower will use Algorand’s technology as the underlying blockchain solution to issue BridgeTower Capital's tokenized digital security.
In order for this new industry to flourish, mining and maintaining NFTs must reduce the impact on the environment.
Learn about Algorand’s unique Pure Proof of Stake (PPoS) consensus protocol and how it compares to its predecessor, Proof of Stake (PoS).
Algorand continues to deliver on its commitment to technical innovation with the availability of its latest upgrade to its Layer-1 Smart Contracts language (TEAL), the first in a series of such enhancements.
As the NFT market evolves, creators must understand the critical success factors to a sustainable and enduring future. Algorand Chief Product Officer Paul Riegle takes a deeper look at NFTs and how the choice of blockchain technology impacts long term success.
Vesta Equity, the global home equity marketplace, announced it would be leveraging Algorand’s blockchain as the backbone of its modern solution for residential property financing and investing. Vesta provides homeowners with the tools to control their home equity outside of the traditional home equity financing options.
Balancer, one of the largest automated market makers (AMM), will soon be available on Algorand to expand liquidity to its growing community. This initiative explores how the Balancer platform can work in different environments, given the different trade-offs and characteristics of other innovative blockchains like Algorand.
In this post, Andrea Civelli provides perspectives on Central Bank Digital Currency (CBDC) designs, proposed implementation models and technology that is enabling governments to participate in the future of finance.
The oldest coffee roaster in Italy has integrated Bleumi pay to accept Algos, USDC, USDT and other stablecoins on Algorand as they modernize their payment infrastructure and how they do business with customers across 50+ countries.
Swingby will be working with the Algorand team to build a Bitcoin to Algorand bridge, an Ethereum to Algorand bridge and Skypools integration. Ultimately, the Skybridge enables users to move a 1-trillion dollar market cap digital asset like Bitcoin into the $50B DeFi ecosystem, as well as supports the seamless flow of liquidity between blockchains.
Borderless Capital Launches $10 Million aNFT.Fund that will further expand the NFT ecosystem on Algorand. The aNFT.Fund will invest in businesses across the emerging Algorand NFT ecosystem that will include marketplaces, tooling, NFT finance applications, community projects and more.
Algorand’s rapid adoption is being driven by organizations seeking to make financial applications more accessible and inclusive.Today, Algorand's CPO shares that Algorand has surpassed 10 million accounts on its network.
Join us Wed, March 31st, 5-6pm CEST (11am-12pm EDT), for a live, in-depth conversation about the Future of Finance.
Società Italiana degli Autori ed Editori (SIAE), the Italian major copyright collecting agency founded in 1882, and Algorand announce the first major milestone of a project to create a blockchain-based open platform that allows transparent and efficient management of authors' rights.
Learn how Opulous is disrupting the music industry by introducing new crypto-powered financial models with the help of Algorand.
Learn about how Meld is turning gold into a digital asset with the help of the Algorand blockchain.
NFTs, unique physical or digital items that are tokenize on blockchain, are becoming a catalyst for change across the DeFi landscape. Algorand’s performance and core functionality are uniquely positioned to support the growing NFT ecosystems - solving for scale, speed, costs, and environmental impact as NFTs grow ever more popular.
Algorand’s innovative, next-generation blockchain facilitates the growth of the digital economy by enabling near-instant, low-cost value transfers. Learn how Algorand is powering simple and cost effective payment infrastructure.
The EU’s pioneering digital marketplace for alternative assets STOKR has raised €3.9 million (US$ 4.6 million) from strategic investors. The strategic investments will add to STOKR’s suite of tools for ventures looking to raise funds: by integrating with Borderless Capital, STOKR now offers Algorand as an issuance platform for security tokens.
We are delighted to share that Algorand will be joining This is Me Hackathon 2021, an initiative created by DizmeID Foundation in collaboration with Cariplo Factory, Algorand, Fabrick, InfoCert, Blockchain Education Network (BEN) and others.
The payment system would benefit from decentralization in numerous ways. Andrea Civelli identifies five major areas where the advantages of a blockchain based decentralized CBDC for the payment system would be large.
Today, the Linux Foundation announced the DizmeID Foundation and technical project with the intent to support digital identity credentialing. The effort will combine the benefits of self-sovereign identity with necessary compliance and regulation, with the aim to enable wallet holders with ownership and control over their digital identity and data access and distribution. Founding Premier Members of the DizmeID Foundation include: Algorand, Fabrick and InfoCert.
Ledgermatic, which recently announced it is developing treasury tools to allow enterprise and financial institutions to operate with digital assets and associated payments and workflows, has chosen Algorand as its blockchain protocol partner.
The increasing use of technology in finance will have massive impacts, increasing inclusivity and removing barriers to entry, writes Pietro Grassano, business solutions director at Algorand.
Join our next developer office hours to learn about AlgoDEA IntelliJ - a plugin that provides end to end development life-cycle on the Algorand blockchain using IntelliJ IDE.
Floating Point Group (FPG) has added support for USDC on Algorand (USDCa) for faster trade settlement and to streamline flow of funds. The company's integration of USDCa is one of its many efforts to solve the capital efficiency problems faced by institutions.
The Algorand Wallet companion site has officially launched. Featuring the latest Algorand Wallet information, resources, tutorials and full support.
Smart contracts are poised to play an essential part in the future of frictionless finance. Learn about smart contracts in finance in this guide.
Transfero announces that BRZ - the Brazilian Real-backed stablecoin created by the company - is officially available on Algorand. With that, Algorand becomes the third blockchain that the Brazilian cryptocurrency is integrated with, helping to expand the use cases for BRZ across a broad range of payments and financial applications.
Marking a major milestone for stablecoin accessibility, the Algorand Foundation is excited to see several leading exchanges announce their support for USDT and USDC, the two most widely used stablecoins, on Algorand.
This analysis of blockchain in the Latin American Financial sector, explores the current state and future opportunity that presents itself in Latin America as blockchain adoption continues and fundamentally reshapes the region’s financial services industry and the communities it serves.
Central Bank Digital Currencies (CBDCs) could represent the most exciting innovation seen in central banking in many decades. CBDCs embed the attempt at replacing cash with a more efficient, modern type of money. CBDC initiatives are rapidly multiplying, and the large majority of Central Banks around the world, from the People’s Bank of China to the European Central Bank, have planned proofs of concept or launched experimentations to test the feasibility of a CBDC.
Central Bank Digital Currencies (CBDCs) could represent the most exciting innovation seen in central banking in many decades. Several economic & technology experts have come together to create this CBDC paper, in an effort to educate public leaders facing the reality of a new digital economy.
As the leading scalable, secure, and fully decentralized blockchain network that provides instant transaction finality, Algorand’s innovative design has attracted many market-leading stablecoins, including the two market-leaders, USDT and USDC.
Learn what stablecoins are, how they provide price-stability to the crypto markets, and why leading stablecoin issuers choose Algorand.
Today Xfinite, a blockchain-based digital media platform, announced a joint partnership with Algorand, the first open-source, permissionless, pure proof-of-stake blockchain protocol. Xfinite - which is built on the Algorand blockchain - aims to create a blockchain-based media ecosystem from which the next generation of digital media and entertainment decentralized apps (dApps) can function and flourish.
Today, Razor Network announced they will integrate their decentralized Oracle onto the Algorand blockchain. This will enable all smart contracts running on Algorand to access off-chain data through Razor’s Oracle services in a reliable and secure manner.
Ditto, the award-winning global music distribution and record label services company, which has processed more than $1 billion in royalties to date, has announced Opulous: a pioneering peer-to-peer platform that will be built on Algorand to help increase artists' access to capital without the need for traditional institutions such as banks.
Curv, the world’s most trusted digital asset security platform, and Algorand announced a partnership that will see Curv integrate Algorand within its asset-agnostic technology infrastructure. Algorand will also be leveraging Curv’s solutions for internal use.
A2A Smart City has chosen Euranet as a tech partner for blockchain in the agritech sector. Euranet is provider of Choralchain platform, a SaaS supply chain traceability solution based on Algorand blockchain technology, ensures compliance management along the entire supply chain, ensuring traceability, origin and originality of agro-food production.
Algorand is excited to welcome former Managing Director at UBS and Merrill Lynch, Barry Finkelstein, to the growing Algorand team of experts, where he will head their North American Business Development and assist in Capital Market initiatives.
Join our next office hour to learn how to add transaction capabilities to your DApp with AlgoSigner - an Algorand wallet extension for Chrome.
Instimatch Global, the award-winning digital platform for institutional short-term money market trading, and Algorand, a world-class blockchain powering secure and efficient frictionless exchange, are working together to disrupt the regulated payment networks with advanced solutions powered by blockchain. Instimatch Global is paving the way to reinvent the conventional ways in which money markets operate, primarily by phone and broker-based means.
The Office of the Comptroller of the Currency, the largest regulating body of banks in the US, issued forward looking interpretive guidance that clearly states US Banks may participate in node technology such as Algorand's, as well as use the technology’s related stablecoins, to create the necessary settlement infrastructure of the future—one that is secure, fast, and final. This is a major step in opening the door for advances in global payments by recognizing that the current outdated legacy system should evolve to a network that is more efficient, modern, trustworthy and readily available. We believe this is a significant early indicator in how legacy infrastructures will evolve and eventually lead to our economies being powered by blockchain technology designed to facilitate the trusted exchange of economic value.
Algorand is excited to announce that Chris Peikert has joined the distinguished team of experts at Algorand, and will bring his deep expertise in advanced cryptography to Algorand’s next-generation blockchain platform. Peikert is a world leader in lattice-based and post-quantum cryptography. He has devised many widely used cryptosystems, efficient algorithms, and security proofs for post-quantum digital signatures, identity-based encryption, pseudorandom functions, zero knowledge proofs, learning with errors, fully homomorphic encryption, and more. His research has heavily influenced several proposals that have advanced through several rounds of NIST’s ongoing post-quantum cryptography standardization process.
Algorand shares how several partners building on its high performing platform have come together to deliver seamless digital payments for both merchants and consumers. The latest implementation, driven by online retailer Planetwatch, demonstrates the power of a highly scalable and secure blockchain while also putting a spotlight on the highly effective tools and services provided by the growing number of organizations leveraging Algorand. Learn more about Planetwatch, Bleumi Pay, Monerium, USDC, and MyAlgo coming together to create a frictionless payment system on Algorand.
Today’s unprecedented pace of technological change, indicates that payments are not just being disrupted, but utterly transformed by new technology. This report examines how the future of payments will look, and surveys central banks’ and regulators’ opinions as to the challenges and opportunities they face.
December 14, 2020 – Following on the recent launch of the Algorand Partner Program (APP) last month, we are excited to welcome Blockchain Australia Solutions, EMGS Group, Euranet, IBF DigiLabs, and Ulam Labs as new participants. Designed to build and curate a partner ecosystem that enables and delivers Algorand-based products to market faster, easier, and with end users in mind, the APP was designed to meet the growing demand for Algorand-based solutions.
Silvio Micali recent proposed a new approach for decentralizing governance, or deciding on non-consensus tasks. The funding of grant proposals being one of them. Join leadership from both the Algorand Foundation and Algorand Inc for a live online discussion with the community about this proposal, what it means, and have the voice of the community heard.
Reach is a partner of Algorand and provides a fast, easy, and safe way to build blockchain applications - we are excited to welcome them to our next Developer Office Hour.
Stablecorp, the firm behind the issuance and management of the QCAD (the Canadian Dollar stablecoin), announced a partnership with Algorand to launch the digital asset on the Algorand blockchain.
Algorand Standard Assets (ASAs) benefit from the same security, compatibility, speed and ease of use as the Algo. Join our office hours to how to use ASAs within your smart contracts to develop interesting and scalable Dapps.
Algorand’s overarching goal is providing a truly decentralized, public, permissionless network that scales perfectly and eliminates the performance drawbacks of first-generation blockchains. Here, Silvio Micali explains both the demanding performance metrics Algorand uses and the technical innovations behind Algorand's rigorous improvements for 2021.
Algorand's founder, Silvio Micali, was further honored as the recipient of the Italian Foreign Affairs Ministry Award for Innovation in the category of technology startups abroad.
Voyager Digital Ltd., a publicly traded, licensed crypto-asset broker that provides investors with a turnkey solution to trade crypto assets, today announced that the Company will provide new financial offerings through enhanced integration of the Algorand Protocol. Voyager will also enable users to earn 8.5% on USDC supported on Algorand, when lent through Voyager's services.
VALENCIA, Spain,Dec. 2, 2020 Climatetrade, a blockchain-marketplace for CO2 carbon offsetting, announced today it will leverage the Algorand, a scalable, secure and decentralized digital blockchain technology network. to bring its technology to the next level. In addition, Borderless Capital has participated in the € 1 Million seed round of Climatetrade to support the company's strategic plan and expansion goals.
Getting started with development on any new platform can seem daunting. Join us Nov 30th for a live office hour that will cover Sandbox and just how easy it is to set up your developer environment on Algorand.
The goal of this proposal is decentralizing Algorand governance, and aligning network rewards with such governance. More precisely, it is putting forward the mechanics and incentives guaranteeing a governance that, just like our consensus protocol, is simultaneously decentralized, secure, and efficient.
The general context of this document is provided by the Proposal for Decentralizing Algorand Governance. Familiarity with that document may help the reader with the terminology and the setting of this one. This said, the material presented here is of quite independent interest. The basic governance auction is a blockchain implementation of a Dutch auction.
Today, Circle is rolling out broad support for USDC on Algorand, available through your Circle Business Account. Business owners and stakeholders can quickly use the Circle Business Account to send USDC on Algorand easily and at no cost.
Algorand, a world-class blockchain powering secure and efficient frictionless exchange, today announced the Algorand Partner Program (APP), designed to build and curate a partner ecosystem that enables and delivers Algorand-based products to market faster, easier, and with end users in mind. APP participants can differentiate their services and expand their business in the private and public sector with organizations at different stages of their blockchain journey: from those exploring blockchain’s potential to those already working on blockchain projects.
Join our office hours on Nov 24th for a deep dive into Smart Contracts. This session will not only cover showing developers how to use TEAL and PyTeal but will delineate how Algorand’s processes these contracts and highlight some of the key differences between Algorand and other options.
Australian cryptocurrency and digital asset exchange BTC Markets has welcomed a new gold specialist to its platform amid significant investor demand for the precious metal. Meld Gold, an Australian early stage tech company, allows investors to trade digital gold certificates that are backed by physical gold.
Mentat Innovations, a leading artificial intelligence and blockchain solutions provider to global enterprises, today announced that it will develop an open source SAP connector and Enablement API to the Algorand blockchain. Algorand’s combination of scale & flexibility was critical in supporting Mentat’s vision for adoption across numerous enterprise use cases.
Algorand is committed to providing full transparency into our actions and token holdings. As previously outlined, we will be providing transparency reports on a regular basis. This report covers the period from August 1, 2020 through October 31, 2020. Our wallet addresses, previous transparency reports, and statement of use can be found here.
Join our webinar to learn how to get started building sophisticated blockchain applications on Algorand for use cases like crowdfunding, asset tokenization, gaming applications and more.
VeriTX Corp., the trusted marketplace for digital assets enabling decentralized manufacturing, announced today it will develop a digital supply chain for aircraft parts using the Algorand blockchain technology.
Delchain Limited (Delchain), a digital asset financial services provider, announced today that it has formed a global partnership with leading blockchain provider Algorand.
Cred, a licensed California-based lender and a leader in crypto backed lending and borrowing services, announced several strategic initiatives to advance decentralized financial services for the Algorand community.
Algorand welcomes Paul Milgrom of Stanford University as an Advisor.
Ledger, the global leader in security and infrastructure solutions for critical digital assets and blockchain applications, announced today support for Algorand (ALGO) and Algorand Standard Assets (ASA) in its software application, Ledger Live, bringing the total amount of supported coins to 27 and more than 1500 tokens. Ledger users will be able to securely hold, transact, manage, and stake ALGO directly with their smartphones or desktop using Ledger Live.
As a part of the Chinese government’s Global Blockchain Strategy, unveiled by President Xi Jinping in November 2019, the BSN initiative is a joint effort led by the State Information Center of China, China Mobile, China UnionPay, and Red Date Technology. It is a standardized, global public infrastructure network to support faster and cheaper blockchain development and deployment. BSN International announces today that it will be supporting 3 more public chains, including Algorand.
With Rekeying being enabled on Algorand’s wallet, 2 additional workflows are now provided
Today, the Centre Consortium is excited to announce that Algorand is now an official blockchain for USD Coin (USDC). The newly released mainnet implementation of USDC for Algorand is available today, and becomes the second major blockchain after Ethererum with native support for USDC. The Algorand blockchain brings significant innovations to the market, specifically around transaction scale and speed, helping to expand the use cases for USDC across a broad range of payments and financial applications.
Archax today announced that it has partnered with leading blockchain provider Algorand to work on new innovative smart financial products that will trade on its FCA regulated exchange.
With recent major protocol upgrade, Algorand also introduces Rekeying, a new feature that allows users to change their Private Spending Key without the need to change their Public Address.
Algorand’s smart contracts (ASC1s) provide a trusted, seamless solution that is not only high performing by being faster, scalable and cost-effective, but also functionally advanced to enable sophisticated application.
Smart contracts are one of the most beautiful and powerful gifts of the blockchain to the world. But they are also technically very challenging. Traditional smart contracts are solely implemented at layer 2 and are slow, expensive, and fragile. By contrast, Algorand’s smart contracts are very much non-traditional, efficient, and secure, and are implemented both at layer 1 and at layer 2.
Fundamental shift in smart contracts unlocks potential of blockchain as Algorand Foundation and Algorand Inc announce the launch of comprehensive smart contract capabilities that will enable the creation of DeFi solutions and dApps that can scale to billions of users, tens of millions of daily transactions, with negligible transaction fees, all while taking advantage of the layer-1 benefits of the Algorand protocol.
We are happy to share that Algorand's cryptography engineer, Dr. Zhenfei Zhang, working with collaborators from IBM, NTT, NCC, Qualcomm, etc., contributed to 2 candidates for the National Institute of Standards and Technology Competition.
Algorand is committed to providing full transparency into our actions and token holdings. As previously outlined, we will be providing transparency reports on a regular basis. This report covers the period from April 30th, 2020 through July 31st, 2020. Our wallet addresses, previous transparency reports, and statement of use can be found here.
The innovative company, Blockchain Italia, is the first to approve their financial statement on blockchain, remotely, thanks to the proprietary solution Dedit. The procedure was possible through the process of notarization on the Algorand blockchain, in compliance with the principles of transparency, certain identification of the participants and publicity.
Recently, I had the good fortune and privilege of moderating an outstanding webinar with some of the top minds in the DLT and blockchain space. The esteemed panelists brought to the surface the current state of Blockchain technology, how we got here and perhaps most importantly where they felt we’re heading.
In this post, we not only talk about some of the exciting use cases we’re envisioning will be fostered by our work with the ISDA, but also discuss the operational efficiency and the new market opportunities for financial institutions that can be created by leveraging Algorand’s capabilities for asset tokenization and programmatic money.
Algorand announced Pocket Network, a decentralized infrastructure platform for the development of peer-to-peer applications, will now be natively supported on the Algorand network. Through the AlgoSDK, Algorand will be the first blockchain to natively point to Pocket’s API protocol, which connects developers to a decentralized relay network of node operators and infrastructure providers, thereby lowering the barrier to blockchain application development.
We’re excited to share that Algorand has joined the Blockchain Game Alliance (BGA) as a member and supporting sponsor. Our partnership with the BGA is an opportunity to spread awareness about blockchain technologies and encourage adoption by highlighting their potential to foster new ways to create, publish, play, and build strong communities around games.
Algorand has been selected as the blockchain infrastructure layer for the Republic Note, an innovative profit-sharing token that will be offered to both accredited and retail investors starting July 16. Algorand was chosen for its innovative proof-of-stake design, which allows Republic to fulfill the demands of a regulated security token that trades freely among potentially millions of investors.
In strict data privacy jurisdictions, the basic rule on the storage of personal data requires that such data must be (1) stored or processed with the specific consent of the data subject and (2) tagged and clearly associated with such consent. How this consent and tagging requirements are implemented is a very important and challenging topic, but it is not my focus here. Neither is it my goal to explain in which cases the RTBF will be upheld in any given jurisdiction. My focus is on personal data that, after having been made available (for whatever reason), must be erased (no matter how, why, and by whom this erasure is requested). More precisely, my focus is on RTBF compliance for truly decentralized, permissionless blockchains in general, and for the Algorand blockchain in particular.
Algorand Foundation announced a collaboration agreement with Circle to bring fiat-backed stablecoin capability to Algorand that is powered by USD Coin (USDC) , the fastest-growing full-reserve US Dollar stablecoin based on the open standards and governance framework developed by the Centre Consortium.
Algorand announced official ratings and titles data from FIDE Online Arena players will be recorded on Algorand’s decentralized blockchain network in real-time, bringing reliability and transparency to the rating system of digital chess.
Algorand announced two enhancements, a fully redesigned indexer and refreshed APIs, that directly improve developer and service provider experience. The redesigned indexer is highly performant at scale, provides computed data such as balances at specific rounds, historic searches, paginated results, and note field searching. The indexer can be run entirely independently from an Algorand node. The refreshed API includes more data, cleaner organization, and pairs with updated SDKs for simpler and more efficient data retrieval.
Today, two blockchain industry leaders, Blockstack and Algorand, have jointly announced an independent open-source project to support a first-of-its-kind smart contract language, Clarity. To date, this is the first time two leading cryptocurrency projects have come together to release an alternative smart contract language that is purpose-built for the needs of developers working on high-stakes transactions.
Algorand Foundation has launched Algorand Asia Accelerator together with Borderless Capital, the Algorand-focused blockchain venture fund. Algorand Asia Accelerator aims to encourage and spur blockchain development in particular synergy with Finance 3.0 and beyond, empowering projects to build, grow and foster financial innovations in the Algorand ecosystem.
Learn about Algorand's smart contract architecture, it's unique perspective and how it departs in significant ways from prior approaches. In this post Silvio Micali covers Layer-1 and Layer-2 smart contracts, the significance of on-chain vs. off-chain and more...
Algorand announced today that Attestiv will use its technology to enable digital transformation across the insurance industry, addressing an over $40B opportunity to reduce P&C insurance fraud in the US alone.
PlanetWatch, a French startup which decentralizes and incentivizes air quality monitoring by leveraging the Algorand blockchain, announced today that it has raised 550k EUR from a mix of private and institutional investors.
Verady, the leading cryptocurrency tax and accounting software company, today announced two major Ledgible platform clients, Blockchain.com and Algorand. The accelerated adoption by two prominent blockchain organizations highlights the Ledgible platform's adaptability, security, and trusted brand within the cryptocurrency space. Ledgible will be integrating ALGO into its software, so that all holders of the native token of the Algorand platform (managed by the Algorand Foundation) will have integrated accounting. This expands the growing suite of digital financial products and services that are available to Algorand users.
The team behind Props, a network built to reward application users with a financial stake in the network they contribute to, announced today that it has raised approximately $2M* in token-sale financing from a number of funds and strategic partners led by Union Square Ventures (USV) and Borderless Capital, with participation from GSR, Lvna Capital, SPiCE VC, CoinFund and the Dating.com Group. Props will use the capital to scale its user network through integrations by additional consumer apps, and to evolve its infrastructure, including a transition of its PropsChain to the Algorand blockchain, the first open-source, permissionless, pure proof-of-stake blockchain protocol.
Algorand is committed to providing full transparency into our actions and token holdings. As previously outlined, we will be providing transparency reports on a regular basis. This report covers the period from January 10th, 2020 through April 30, 2020. Our wallet addresses, previous transparency reports, and statement of use can be found here.
RHOVIT joins the Algorand community as it announces plans to further democratize cryptocurrency mining with scalable accessibility.
Algorand was the natural choice for many blockchain projects at Future of Blockchain Hackathon - teams requiring scalability, security and decentralization built some exciting projects which we outline below.
Leading technology innovator, Algorand, joins trade association to further advance the adoption of next generation blockchain technology across traditional financial organizations
Silvio Micali writes about an approach to COVID-19 tracing on Algorand: Blockchain has the potential of improving our democracy and bringing it to the next level. It will help us to generate trust, establish a shared truth, and achieve social consensus when necessary. The ability to reach a common global view efficiently and directly, without the risks of censorship and manipulation that are intrinsic in traditional centralized approaches, is an unprecedent tool for humanity. And it will be crucial to realize our collective aspirations.
Watch Pietro Grassano, Algorand's Director of Business Solutions, join an informative discussion around the challenges enterprises are facing in crypto and blockchain at BlockDown 2020 virtual conference.
Blockchain systems are inherently stateful. For instance, they capture information about users’ public keys, their balances, or smart contracts’ data. Subsequently, validators rely on state information to verify transactions. However, over the long-term, this state becomes unmanageable and causes multiple scalability issues. Furthermore, high storage requirements add friction to decentralization since only validators that can allocate large amounts of storage can participate in consensus. To solve these problems, we designed a new commitment scheme — Pointproofs. Pointproofs is a new vector commitment scheme that supports non-interactive aggregation of proofs across multiple commitments.
Three initial recipients have been awarded over 6M ALGO as a part of the Grants Program
Algorand welcomes Robert Matza, previously of GoldenTree and Neuberger Berman, as Senior Advisor.
A complete walkthrough of the end-to-end process of setting up your Nano X, pairing the Nano X with your Algorand Wallet, and signing transactions with the Nano X’s bluetooth capabilities.
Understanding the 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.
Meld Gold Partners with Australian Gold Industry and Blockchain Protocol to Create a Decentralised Industry Gold Token
The private investing platform is working to build a digital security on Algorand’s blockchain to give investors novel exposure to the Republic Ecosystem’s future success.
The Algorand co-chain architecture enables the members of a permissioned chain to work most securely and efficiently not only with each other, but also, while retaining maximum autonomy, with the Algorand permissionless chain and members of other chains as well.
Realio, an end-to-end digital asset issuance and peer-to-peer trading platform focused on real estate private equity, today announced a partnership with Algorand.
SFB Technologies to Partner with Algorand Blockchain Protocol to Provide Infrastructure for Marshall Islands Sovereign Digital Currency
The most-traded digital token leverages Algorand 2.0 to offer traders a fast, stable and secure network for moving money worldwide
As digital currencies become more pervasive, Algorand will be working with regulators and legislators in Washington D.C. to provide insight into the technological advantages and nuances of blockchain.
Energy-efficient blockchain to capture, crowd-sourced data to combat air pollution with reward scheme and global ledger
Shyft to provide identity layer for the growing Algorand ecosystem.
Monerium will issue e-money on the Algorand blockchain protocol in order to support fiat-currency transactions on Algorand.
Algorand is committed to providing full transparency into our actions and token holdings. As previously outlined, we will be providing transparency reports on a quarterly basis. This report covers the period from November 7th, 2019 through January 9, 2020.
Social impact reserve boosts leadership advisory leading up to token launch, procures three new advisors and a strategic alliance with Republic Labs
SIAE Partners with Algorand for Efficient Management of Copyright on Blockchain
Algorand 2.0 offers standardized asset creation, atomic transfers, and smart contracts directly in Layer-1 to leverage the scalability and security of Algorand protocol
We are excited to announce the first release of the reference implementation for the BLS signature!
Algorand Inc. shares their wallet addresses
In an effort to provide full transparency on the actions of Algorand since the network launch on June 19, 2019, we are providing the following details on token holdings and use of tokens to date.
Algorand is the blockchain that enables the creation of frictionless financial assets. We are committed to providing our users the best and easiest-to-use tools to let them issue their financial products. And we do so at Layer 1!
Join us at San Francisco Blockchain Week! We look forward to sharing Algorand’s vision for financial adoption, the future of cryptography and the technological innovations that have continued to drive Algorand’s momentum since MainNet launch.
The rapid growth of the Algorand ecosystem continues as performance remains high and innovation rolls out. Algorand welcomes digital securities, decentralized exchange, professional services, new APIs and more to the borderless economy.
Join us at Shanghai Blockchain Week! 🇨🇳 Algorand team members look forward to sharing Algorand’s vision for financial adoption, the future of decentralization and the technological innovations across a number of events during Shanghai Blockchain Week.
Read about Algorand’s strategy for layer-1 implementation of fungible tokens and atomic multi-party transfers.
Our Founder Silvio Micali and CEO Steve Kokinos will be hosting several events on an upcoming tour of Australia in September! Register to join them today.
PureStake Launches API Service for Algorand Developers
Here we will introduce an alternative to the online/offline method for account security using a hardware wallet.
Coinbase, the world's leading compliant crypto company serving over 30 million accounts across 100 countries, announces availability of the Algo, the native token of the Algorand network.
Focus on economic policy and incentives aligned with long-term growth and transparency
Host Ashton Addison sits down with Algorand COO W. Sean Ford to chat about Algorand's ecosystem growth and vision.
Algorand Inc. shares their wallet addresses
BEN's Partnership with Algorand Expands its Curriculum To Include the First Pure Proof-of-Stake Protocol
Algorand reminds the community to beware of false information from other websites and social channels. View more on official sites and fraudulent sites.
Algorand Launches Python SDK, Providing Further Tools for Simple Development on Algorand
Partnership reflects like-minded efforts to bring chess and blockchain to the masses
Tether and the Algorand Foundation announce integration, marking a significant leap forward in the potential for decentralized financial assets & instruments in the borderless economy.
Algorand becomes the first blockchain organization member of ISDA to accelerate development of decentralized financial assets.
Algorand is radically more efficient than previous blockchains. To demonstrate this, we setup a cluster of Raspberry Pi computers...
Today, we are excited to share that DApp developers on Algorand will now have access to a free analytics suite.
Fintech consulting firm Cartan Group LLC announced it is working with blockchain platform Algorand to develop financial tools and products on the Algorand network that will promote fintech adoption at an institutional level.
The Algorand Foundation outlines the safekeeping measures put in place to ensure that refund policy commitments are fulfilled.
Runtime Verification formally verified Algorand's safety guarantee.
This post is intended to help explain how rewards are implemented in the Algorand source code and the corresponding effect on token holders.
The inaugural Algo auction was met with overwhelming demand and distributed the first 25 million Algos to global auction participants, marking the start of the borderless economy.
Today we’re excited to announce another significant milestone: the Algorand node repository has been open sourced and is now publicly available.
Algorand takes the security of its platform and users very seriously. Understand more and learn about the bug bounty program.
Algorand and Flipside Crypto have partnered to provide business intelligence on DApp usage so that developers can have more meaningful data as the build in the borderless economy.
There is a gap between what the blockchain aspires to be, and what is the technology implemented, at least until today. He is convinced of this Silvio Micali, professor at the Massachusetts Institute of Technology (MIT) in Boston and winner of the Turing Prize , the 'Nobel Prize for Informatics'. "I immediately do disclosure," he says ironically as he tells Fortune Italy how his blockchain, Algorand, would be able to overcome the limits of what has been developed to date.
There are numerous blockchain project teams attempting to address the blockchain trilemma, and the Turing Award winning team Algorand is one promising candidate. We had the pleasure to speak with Jing Chen, Chief Scientist of Algorand, on how Algorand attempts to solve blockchain trilemma with its Byzantine agreement.
Algorand, PoS permissionless blockchain network, takes a promising approach to decentralization shedding a spotlight on an area where so many other networks have failed.
An understanding of how Algorand will be doing its tokens
Syncsort partners with Algorand to help data-driven enterprises integrate with blockchain
MIT Professor Silvio Micali‘s Algorand project, via the Algorand Foundation, will hold its first in a series of Dutch Auctions out of Singapore on June 19th, 2019. These auctions will allow Algos, the native tokens of the Algorand platform, to enter circulation via a mechanism where the market determines the fair price. This inaugural auction also marks the launch of the Algorand network.
Learn about the importance of scalability, the reason why OTOY is building on Algorand over any other platform.
The announcement from the Algorand Foundation of the first Algo auction is an exciting validation of the platform’s potential and success to date. Learn more about the progress and momentum of the borderless economy.
Silvio Micali of Algorand envisions a borderless economy on CoinDesk LIVE at Consensus 2019
To further help our community understand how Algorand's blockchain works, we have composed a short list of Q&As.
Algorand is the foundational blockchain for AssetBlock, bringing accessibility and efficiency to real estate investment.
La Stampa: Micali, star del Premio Turing: “Così rivoluzionerò le criptovalute”
How to make your own coin on top of the Algorand protocol.
Providing technological breakthroughs to Algorand’s blockchain and enabling a truly borderless economy is our cherished mission.
Blockchain technology startup Algorand has opened a test network to the public for businesses and developers to tinker with and give feedback.
The test network for the Algorand blockchain platform has been made publicly accessible, the company behind the project announced Tuesday.
Foundational blockchain platform from Turing Award winner, Silvio Micali, opens with hundreds of active users
Silvio Micali gives a summary of Algorand’s Core Technology.
Maurice Herlihy will be joining Algorand to further develop and advance our programming language.
Algorand wrapped up 2018 with growing community momentum across the globe. Join the growing Algorand community at an upcoming 2019 event.
Algorand’s commitment to security and scalability has led to this innovation of a more efficient and secure digital signature scheme.
Algorand’s Go SDK is now open for developers everywhere.
In collaboration with other cryptographers, Algorand is seeking to standardize the BLS signature scheme, and submitted a draft to the IETF.
The full documentation for developing on the Algorand network is available on developer.algorand.org.
With industry and university partners, Algorand engineer Zhenfei Zhang contributed 4 Post-Quantum candidate algorithms for standardization.
Algorand Engineer Derek Leung introduces Vault-- a blockchain compression technology for Algorand that minimizes storage and bootstrapping costs for all participants.
Blockchain can allow for the creation of a borderless economy, Massachusetts Institute of Technology (MIT) professor Silvio Micali claimed in a interview on Bloomberg’s Daybreak Asia, Jan. 21.
Take Algorand. The proof-of-stake blockchain, built by Turing Award-winning MIT computer scientist Silvio Micali, uses a randomly selected committee system for validating blocks that saves on computing power and aspires to achieve a massive three million confirmed transactions per second serving 4 billion users – capacity that’s many, many orders of magnitude greater than both bitcoin and Ethereum.
Algorand named Pablo Azar as Chief Economist who will be responsible for guiding Algorand’s economic policies. With a double Ph.D. from MIT, Mr. Azar will bring his unique expertise regarding the application of computer science and cryptography toward the creation of better market mechanisms.
Blockchain company adds depth in monetary and economic policy with senior executive hire
Blockchain startups are having a moment and Algorand is one of them. Launched by MIT computer science professor and Turing award-winning cryptographer, Silvio Micali, the company claims its one-of-a-kind technology promises to solve the blockchain trilemma of scalability, security and decentralization.
We want to help connect more people with Algorand, but just as importantly, we want to help our community members connect with each other.
Algorand, a Boston-based blockchain payments platform, raised $62 million in funding.
Algorand, a blockchain startup launched earlier this year by an MIT computer science professor, has now raised $62 million and named a pair of high-profile Boston tech executives to lead the effort to commercialize its technology.
Executives from Fuze and LogMeIn Join Cryptography Pioneer and Turing Award winner Silvio Micali to build next-generation ’blockchain for business’
Algorand has reached an important stage in its development and growth and we look forward to what comes next for the platform, the community, and the company.
Algorand uses VRFs to perform secret cryptographic sortition. This allows the Algorand blockchain to scale to millions of users.
The Algorand Team is excited to announce the launch of our TestNet. Community members can apply for access, but soon anyone can join!
Algorand introduces a unique innovation to achieve true decentralization.
We at Algorand believe it is important to start a discussion on standardization of both theoretical and empirical analysis of the blockchain systems.
Today, we are sharing our latest Byzantine agreement protocol. This new protocol presents several technical advancements that we believe are essential for Proof-of-Stake blockchains.
Funding a scalable, secure and decentralized digital currency and transactions platform