This week, @lavazzagroup recorded over 14,000kg of roasted c | Algorand Foundation on Binance Square

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This week, @lavazzagroup recorded over 14,000kg of roasted coffee beans on the Algorand blockchain ☕
14 tons of coffee, all recorded on-chain.

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TravelX has been a part of the Algorand ecosystem for 4+ years. Over the years, they have built a very innovative blockchain-based infrastructure that helps passengers buy and sell airline tickets with ease, and helps airlines deploy advanced revenue management strategies. Algorand has been the reliable backbone for TravelX over this entire period: scaling with their growth, never going down, always low cost, minting over 17 million NFTickets. All this time, Algorand’s enterprise-grade platform has performed without a single hiccup. However, it is a fact of life that many enterprises are still reluctant to be associated with ‘crypto’, and we can understand the challenges TravelX faces in this regard. As a SaaS startup, they can’t dictate the IT infrastructure airline CIOs are comfortable with, and when that becomes a friction point, it’s not the hill they can or should die on. In the process, the Foundation has done everything it can to support TravelX, even going as far as agreeing to subsidize the already very low fees. Unlike a centralized, private transactional platform, a blockchain-powered decentralized infrastructure for ticket issuance and sales could have truly given the ownership of tickets to the passengers and offered a more transparent marketplace for secondary sales. We are proud of what TravelX has achieved on Algorand, and we wish them all the best. We firmly believe that as regulations continue to evolve, and public blockchains achieve broad, mainstream adoption, the reluctance of enterprises to embrace the technology will gradually fade away. When that happens, Algorand will be there and, as one of the most mature and proven blockchains in the industry, ready to deliver. And who knows, we might still get peer-to-peer ticket sales sometime in the future.

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Join us in Madrid on the 19th of June for a Web3 community event with Algorand.

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🚨 @AEON_Community (AEON Pay) now supports Algorand, enabling real-world payments with ALGO and USDC on Algorand across 20M+ merchants. From McDonald’s to UNIQLO, pay with Algorand in everyday life. Payments. Evolved. #AlgorandCan Try it now: https://t.me/AEON_Pay_bot

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Congratulations to @AlphaArcade69 on surpassing $1,000,000 in transaction volume, just 3 months after launching long-term markets 📈 Algorand's prediction market is off to a flying start 💨

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On this day in 2019, Algorand produced its genesis block. 6 years and over 50 million blocks later, the chain continues to evolve: faster, stronger, and more secure than ever.

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