BOSTON, June 22, 2023 /PRNewswire/ -- Algorand, the pure proof-of-stake Layer-1 blockchain network, continues to deliver the advanced technology required to power real world applications with its latest protocol upgrade that unleashes faster block times, as well as other industry-leading improvements.
Key Points:
- This week, the industry-leading protocol also celebrates the four-year anniversary of Algorand Mainnet, and is on track to record its 30 millionth block.
- Underpinning these achievements is the recognition that Algorand has experienced zero down time since it went live in 2019.
- Algorand's latest technical release incorporates valuable feedback from the developer community to ensure application development is faster, more accessible and more cost-efficient.
- Some of the latest products and enhancements available to builders on Algorand include:
Simulate: a powerful simulator for smart contracts.
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Wednesday, March 29, 2023
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Algorand SINGAPORE, March 29, 2023 /PRNewswire/ -- Algorand Foundation, the organization focused on growing the ecosystem for Algorand blockchain, today announced the launch of AlgoKit, the most comprehensive, easy-to-use developer tool suite to build Web3 applications on Algorand, utilizing familiar UX principles that draw from Web2 best-in-class software engineering practices. AlgoKit was designed to be an easy onramp for Web2 developers who want to transition to Web3, and developers from other chains who want to test out Algorand, the world's most secure, reliable, and sustainable blockchain.
Key Points:
- SINGAPORE, March 29, 2023 /PRNewswire/ -- Algorand Foundation , the organization focused on growing the ecosystem for Algorand blockchain, today announced the launch of AlgoKit, the most comprehensive, easy-to-use developer tool suite to build Web3 applications on Algorand, utilizing familiar UX principles that draw from Web2 best-in-class software engineering practices.
- AlgoKit introduces the ability to quickly run, explore and interact with an isolated local Algorand network called LocalNet before deploying to mainnet, a crucial offering in building and launching decentralized applications (dApps).
- Furthering its accessibility, AlgoKit will offer templates for people to learn how to start building on Algorand.
- To learn more and start building on the Algorand blockchain with AlgoKit, visit https://developer.algorand.org/algokit/
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Algorand BOSTON, March 1, 2023 /PRNewswire/ -- Algorand, the pure proof-of-stake, carbon-negative Layer-1 blockchain network, today announced the appointment of Matthew Commons as Chief Financial Officer (CFO), effective February 22. Commons joins the Algorand Executive Leadership Team with responsibility for all financial matters spanning day-to-day operations, future growth initiatives, and capital management.
Key Points:
- BOSTON, March 1, 2023 /PRNewswire/ -- Algorand , the pure proof-of-stake, carbon-negative Layer-1 blockchain network, today announced the appointment of Matthew Commons as Chief Financial Officer (CFO), effective February 22.
- Commons joins the Algorand Executive Leadership Team with responsibility for all financial matters spanning day-to-day operations, future growth initiatives, and capital management.
- "I have long admired Algorand's technology, and to be able to join at a moment of strategic evolution is incredibly exciting," said Commons.
- "There are tremendous opportunities for Algorand to extend its leadership across many sectors of blockchain.
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Tuesday, December 13, 2022
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EU BOSTON and MILAN, Dec. 13, 2022 /PRNewswire/ -- Algorand Inc. , a world leader in Layer-1 blockchain technology, has been selected to be the public blockchain that will support an innovative digital guarantees platform in Italy.
Key Points:
- BOSTON and MILAN, Dec. 13, 2022 /PRNewswire/ -- Algorand Inc. , a world leader in Layer-1 blockchain technology, has been selected to be the public blockchain that will support an innovative digital guarantees platform in Italy.
- The new platform is expected to become operational in early 2023 and will be the first time an EU Member State enables the use of blockchain technology for bank and insurance guarantees.
- Algorand is the only public blockchain that the Digital Sureties platform uses.
- Our ecosystemic projects are meant to help generate strategic platforms, such as the Digital Sureties platform supported by Algorand.
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Tuesday, December 13, 2022
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EU BOSTON and MILAN, Dec. 13, 2022 /PRNewswire/ -- Algorand Inc. , a world leader in Layer-1 blockchain technology, has been selected to be the public blockchain that will support an innovative digital guarantees platform in Italy.
Key Points:
- BOSTON and MILAN, Dec. 13, 2022 /PRNewswire/ -- Algorand Inc. , a world leader in Layer-1 blockchain technology, has been selected to be the public blockchain that will support an innovative digital guarantees platform in Italy.
- The new platform is expected to become operational in early 2023 and will be the first time an EU Member State enables the use of blockchain technology for bank and insurance guarantees.
- Algorand is the only public blockchain that the Digital Sureties platform uses.
- Our ecosystemic projects are meant to help generate strategic platforms, such as the Digital Sureties platform supported by Algorand.
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Wednesday, December 7, 2022
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Health insurance VOORHEES, N.J. and MUMBAI, India, Dec. 7, 2022 /PRNewswire/ -- MAPay, a global healthcare technology firm with a focus on decentralized payment networks, unveiled its partnership with the Ministry of Public Health and Family Welfare in the Government of Maharashtra, India, to provide NFT technology that will store personal health data on the blockchain for the first time. Built on Algorand, the first deployment will introduce upwards of 100 million NFTs for this purpose.
Key Points:
- Built on Algorand, the first deployment will introduce upwards of 100 million NFTs for this purpose.
- With key healthcare partnerships in the U.S. and beyond, MAPay will use the Algorand blockchain as the backbone for future advancements in the sector.
- In collaboration with leading organizations focused on advancing interoperability and payments in healthcare, MAPay seeks to implement a patient-driven data exchange that aids in population health management and better overall outcomes.
- "As a clinician and a participant in shaping public health policy, I recognize the need for reliable integration and storage of clinical health records.
Just as Apple's iOS sparked the proliferation of mobile apps, Reach hopes to usher in a new era of blockchain-based applications.
Key Points:
- Just as Apple's iOS sparked the proliferation of mobile apps, Reach hopes to usher in a new era of blockchain-based applications.
- The platform empowers software developers to safely and easily build blockchain applications in a fraction of the time, regardless of skills and experience.
- The funding round will fuel the onboarding of developers to Reach which, to date, has grown at a rate of 10-20% each week.
- Reach is building the next generation blockchain development platform that will completely transform the paradigm of decentralized application (DApp) development.
Just as Apple's iOS sparked the proliferation of mobile apps, Reach hopes to usher in a new era of blockchain-based applications.
Key Points:
- Just as Apple's iOS sparked the proliferation of mobile apps, Reach hopes to usher in a new era of blockchain-based applications.
- The platform empowers software developers to safely and easily build blockchain applications in a fraction of the time, regardless of skills and experience.
- The funding round will fuel the onboarding of developers to Reach which, to date, has grown at a rate of 10-20% each week.
- Reach is building the next generation blockchain development platform that will completely transform the paradigm of decentralized application (DApp) development.
REDWOOD CITY, Calif., Aug. 31, 2020 /PRNewswire/ --1World Online has announced that it has chosen to build on Algorand and will be receiving future investment from Borderless Capital .
Key Points:
- REDWOOD CITY, Calif., Aug. 31, 2020 /PRNewswire/ --1World Online has announced that it has chosen to build on Algorand and will be receiving future investment from Borderless Capital .
- 1World Online and Algorand will work together to proactively collaborate in co-marketing activities and the launching of products in the Algorand ecosystem.
- 1World will also collaborate with Borderless Capital's portfolio companies , Algorand's partners , the Algorand Foundation , and other entities in the Algorand ecosystem.
- Borderless Capital is a modern financial institution investing capital and building financial products that accelerate access, bootstrap adoption, and create value globally through the Algorand borderless economy.
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Thursday, August 27, 2020
BOSTON, Aug. 27, 2020 /PRNewswire/ --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.
Key Points:
- BOSTON, Aug. 27, 2020 /PRNewswire/ --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.
- Graham Rodford, CEO of Archax, comments: "We are a blockchain agnostic marketplace, but keen to work with leading providers to deliver the next wave of ground-breaking regulated financial products.
- It is testament to our progress and achievements that Algorand are now partnering with us to help do just that.
- Algorand Inc. built the world's first open source, permissionless, pure proof-of-stake blockchain protocol for the next generation of financial products.
