Entities

Algorand

Algorand

Entity Type
Location
Founding Date
2017

Algorand is the world’s first open-source, permissionless, pure PoS blockchain protocol designed for the future of finance, the convergence of traditional and decentralized models into a unified system that is inclusive, frictionless, and secure. It developed a blockchain infrastructure that offers the interoperability and capacity to handle the volume of transactions needed for DeFi, financial institutions, and governments to smoothly transition into FutureFi.