This payment processing company moved from AVM to EVM, and then back to AVM, boosting development speed by 7x while maintaining compliance with EU regulations.
We canāt comment on any discussions between the partners of Algorand Technologies and FIFA, but we can say with confidence that the scalability, performance, and security of our Layer 1, as well as its ability to host a collection like this one, are sound.
Of course, open blockchains and the transparent data they provide may not suit every build. Some entities may prefer a private database or want more control over permissions. Still, we wish FIFA the best of luck with their pivot.
There are plenty of exciting applications and companies currently building on Algorand, with many more on the way. From RWAs to DeFi, AI, NFTs, and more, itās all happening on our enterprise grade chain.
They could actually prevent full-blown banking crises.
Youāve heard of atomic swaps on Algorand, but what are they really, how can they protect financial institutions, and why are they important in crypto?
A second Indian project has gone live on the Algorand mainnet š®š³
@SEWAFed is using blockchain-based identity and document verification to grow access from 40,000 women today to millions more, helping low-income working women and their families access vital services.
@Algo_Bharat brings another impactful project on-chain.
The Algorand Foundation is proud to unveil a proposal for a āUniversal Chess Passportā āļø
The Universal Chess Passport is developed in partnership with @theworldchess, utilizing decentralized ID and verifiable credential standards.
This pilot is currently in development and will be a game-changer for the 600 million+ people who play chess globally.
One login for all chess platforms and all chess tournaments. A unified, secure identity to verify your records, ranking, loyalty programs, memberships, reputation for fair play, and more.