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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.
We’re excited to release Algorand Wallet v4.0.0! After lots of iteration and feedback from users, we’ve arrived at Algorand Wallet v4.0.0 which aims to further streamline and simplify the experience of transacting on Algorand.
This post describes Algorand's smart contract architecture, and why it departs in significant ways from prior approaches. In particular, Algorand's smart contract architecture includes several kinds of tools because Algorand’s users need to solve several kinds of problems.
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.
Consensus: Distributed conference is here! We’re thrilled to be taking part in one of the largest annual blockchain events in the world— now turned virtual. Join dozens of LIVE sessions, virtual booths & more!
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.
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.
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.
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.
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.
Leading technology innovator, Algorand, joins trade association to further advance the adoption of next generation blockchain technology across traditional financial organizations
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.
Eterna Borderless Venture Studio launched today to support projects looking to build applications on the Algorand platform. This program is a combined initiative led by Eterna Capital and Borderless Capital, and has attracted the support of more than half a dozen blockchain projects.
Three initial recipients have been awarded over 6M ALGO as a part of the Grants Program
We are thrilled to announce the launch of the new Algorand Developer Portal. This is a place where developers of all languages (Python, JavaScript, Java and Go) can find all the resources they need to turn their ideas into full-scale applications.
Algorand welcomes Robert Matza, previously of GoldenTree and Neuberger Berman, as Senior Advisor.
The global Algorand community tuned in to hear the Algorand team answer questions on the latest release from Algorand's Research Team, Algorand Co-Chains. Rewatch the LIVE discussion.
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.
As part of Algorand’s commitment to ensure the highest standard of crypto security, we are proud to announce that the Algorand Wallet has just added one of the first wallet bluetooth integrations with the Ledger Nano X.
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!
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.
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
Here we explain how to create a transaction using a multisignature account.
Here we explain how to create and transact with a basic (single-key) account in the Algorand network.
Here we explain background information necessary for understanding the Algorand wallet and account architecture, key storage best practices and more.
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.
Algorand takes the security of its platform and users very seriously. Understand more and learn about the bug bounty program.
Today we’re excited to announce another significant milestone: the Algorand node repository has been open sourced and is now publicly available.
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’s JavaScript SDK is open for developers everywhere.
Algorand’s commitment to security and scalability has led to this innovation of a more efficient and secure digital signature scheme.
Algorand wrapped up 2018 with growing community momentum across the globe. Join the growing Algorand community at an upcoming 2019 event.
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