Mapping out Algorand's ecosystem

Quick Take

  • Algorand is a public blockchain network that intends to provide a highly scalable platform for decentralized applications and financial solutions
  • The Banking & Payments category is one of the largest verticals that currently makes up Algorand’s ecosystem, including popular stablecoins like USDC and CBDC initiatives such as the Marshal lslands’ plans to launch its national digital currency on Algorand
  • In total, The Block has identified 97 projects and companies across 17 different verticals currently expanding on its ecosystem
Algorand is a public blockchain network that intends to provide a highly scalable platform for decentralized applications and financial solutions. The Algorand project was founded in 2017 by Silvio Micali, a Professor and computer scientist at MIT Computer Science and Artificial Intelligence Laboratory.  Past work accomplishments by Micali include being awarded the Turing Award and […]

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