Algorand company logo
Algorand accelerates the convergence between decentralized and traditional finance51-200 Employees
  • B2B
  • Growth Stage
    Expanding market presence
  • Top Investors
    This company has received a significant amount of investment from top investors
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Company size
51-200 people
Company type
Private Company
Market
Blockchains
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Algorand accelerates the convergence between decentralized and traditional finance
Algorand is building the technology to power the Future of Finance (FutureFi), the convergence of traditional and decentralized models into a unified system that is inclusive, frictionless, and secure. Founded by Turing Award-winning cryptographer Silvio Micali, Algorand developed a blockchain infrastructure that offers the interoperability and capacity to handle the volume of transactions needed for decentralized finance (DeFi), financial institutions, and governments to smoothly transition into FutureFi. The technology of choice for more than 500 global organizations, Algorand is enabling the simple creation of next-generation financial products, protocols and exchange of value.

From a technical perspective, Algorand created the world’s first pure proof-of-stake foundational blockchain. 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. Algorand's unique pure proof-of-stake consensus mechanism provides the security, scalability, decentralization, speed and finality needed as financial systems modernize.
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