Algorand has always had the tech: instant tx finality, low fees, carbon-negative, quantum secure, but criticized for being too isolated in a multi-chain world.
That changes now!
Algorand joins Wormhole’s multichain NTT network to enabling native token transfers across 40+ blockchains, without wrapping.
Algorand can finally join the broader blockchain ecosystem.
Algorand partnering with Paycode, a global leader in offline biometric payments, to bring secure, inclusive financial infrastructure on-chain.
Together, we’ll deliver blockchain-powered payments to underserved communities in Afghanistan, Ghana, Zambia, Mozambique, the DRC, and beyond.
Paycode has reached 6M+ people and disbursed $250M in aid and social payments. Using Algorand, we’ll boost transparency, strengthen digital ID systems, and unlock new ways to drive real impact.
-Can blockchain scale payment rails? -Can it improve supply chain traceability? -Can it fix how we manage health records? -Can it bring clarity to carbon markets? -Can it simplify property investment?
Not every blockchain can! But Algorand can, proven!
German tokenization protocol - Midas, has launched a tokenized US Treasury bill on the Algorand blockchain, offering European investors exposure to yield-bearing government bonds with no investment minimum required.
The first atomic swap was executed by a third party on the Algorand blockchain on May 27. As part of the transaction, $2 million in USDC was exchanged for mTBILLS. $ALGO
Regardless of whether BlackRock's warning about Bitcoin's quantum vulnerability is considered FUD or not (the fact is, some Bitcoin wallets are), Algorand has pioneered the integration of quantum-resistant cryptography into blockchain infrastructure, as noted by @Cointelegraph
On December 6, 2023, Algorand was selected to deliver a blockchain curriculum to more than 22,000 United Nations Development Programme employees across over 170 countries and territories, as well as staff from other United Nation agencies.
Following this series of learning programs, we hope to see more blockchain-based applications supported by the UN, similar to HesabPay.
The Pillars of Algorand: Security and Decentralization
Given the Bybit hack case and the recent largest defi protocol on SUI, if you are a holder of $ALGO, you must read this to secure your assets when unforeseen events occur. You need to know that on the Algorand blockchain, there are several unique features that are not commonly found in many other blockchains, especially related to the management and control of Algorand Standard Assets (ASA). The three main features are: Freeze, Clawback, and Rekeying. Freeze Account This feature allows accounts/wallets with "freeze" rights to temporarily disable the use of an asset by a specific account/wallet. When an asset is frozen, the asset owner cannot transfer or use it until it is unfrozen.