Algorand Foundation

'As our world is becoming increasingly digital, we're actually losing information.. Blockchain is the only way to actually digitally mimic a historic artifact' ⛓️ Data History Museum by MakerX uses Algorand’s quantum-secure, reliable, fast & scalable blockchain technology to create an accurate historical database 🖥️ Users can now buy earthquakes and solar flare artifacts as NFTs in real time via a Dutch Auction pricing mechanism 🪙 Solutions that scale are built on Algorand.

Atomic Swaps Aren't Just Useful for Hotdogs 🌭—They Can Stop Banks from Collapsing! We’ve all heard of atomic swaps on Algorand, but what are they, and how can they save financial institutions from crisis? Let’s break it down. ⚛️ What’s an Atomic Swap? It’s a secure, instant exchange of assets between two parties, where both sides either complete or fail together—no middle ground, no risk of one party defaulting. 🏦 A History Lesson: How Can They Prevent Bank Collapses? In 1974, Herstatt Bank collapsed because of time-zone delays in currency trades. Deutsche Marks were paid, but U.S. dollars weren’t returned. This caused chaos and created “Herstatt Risk,” a vulnerability banks struggled with for decades. By 2002, a system was implemented: CLS Bank, which allowed simultaneous settlements between central banks, eliminating Herstatt Risk for major currencies like the USD, Euro, and Yen. 🌍 Fast forward to 2008—during the Lehman Brothers collapse, atomic swaps in CLS Bank helped prevent a global banking crisis by ensuring trades were unwound smoothly. 🤔 But Why Algorand? If CLS Bank already does this, what’s the point? On-chain atomic swaps on Algorand go further: 🔹 Support for all assets (stablecoins, crypto, etc.) 🔹 No need for central intermediaries. 🔹 Faster, more transparent, and accessible transactions. 💱 The Future of Finance As currencies and assets move to blockchains, atomic swaps on Algorand will reduce costs, speed up transactions, and make financial services more democratic—especially in developing markets where traditional banking is slow and expensive. Algorand is built for atomic swaps 🏗 Fast, secure, and scalable—Algorand is set to transform finance, making it more resilient for everyone.

🚨 Coinbase is delisting non-compliant stablecoins in Europe under MiCAR regulations, including $USDT from Tether. On Algorand, however, two fully MiCAR-compliant stablecoins are available for use by 450 million Europeans: 1️⃣ $USDCa by Circle 💵 🔹 Algorand is one of the few non-EVM chains natively supporting USDC! 🔹 With over $114M in $USDCa circulating, demand is growing rapidly. 🔹 Benefit from instant finality, low fees, and support across major exchanges like Coinbase and Binance. 2️⃣ $EURD by Quantoz Blockchain Technology 💶 🔹 Quantoz is one of only four crypto firms in Europe with an EMI license. 🔹 Fully regulated by the Dutch Central Bank, a highly stringent regulator. 🔹 $EURD is a digital Euro (1 EURD = 1€), with zero fees—perfect for microtransactions. Algorand is at the forefront of compliant digital assets in Europe, providing seamless, secure, and cost-effective transactions 🌍

The Algorand Incubator has officially wrapped up after an incredible 8-week journey! 🚀 We are so proud of the passionate entrepreneurs who participated, working tirelessly to turn their groundbreaking ideas into real-world solutions on Algorand. Highlights: Team Building: Founders honed their skills to build high-performing teams and tackle real-world problems 🙏 Idea Validation: We guided startups to refine their products and find the perfect product-market fit 💡 Scalability: Participants gained insights and tools to scale their projects for the future 🎈 Expert Mentorship: from some of the best experts in the Web3 space across business, marketing and tech 🗣 Collaboration: We fostered a community of innovators, building a lasting knowledge-sharing network 💬 To all our participants, you did it! We can't wait to see your projects thrive and shape the future of Algorand. Let's keep building together! 🏗 Thanks to our start-ups: POMA Protocol, IgoProtect, Myrkle , Vistia, Kiwi Protocol, MeMa, Graphyti, Better Use Blockchain, Refind, Pudu, Pacify & VANK

Quantoz Blockchain Technology is the issuer of the Quantoz digital euro, EURD, a regulated and programmable electronic money token made to address the lack of trusted digital euros. This allows Quantoz Blockchain Technology to issue regulated digital euros on the blockchain. Solutions that scale are built on Algorand.

European payments fintech ZTLment moves to Algorand! ZTLment was on Ethereum, but has moved to Algorand to scale its regulated real-world payments 7x faster

Luther M. Joins #BlockchainLife2024 in Dubai Meet the Head of Payments at Algorand Foundation, and 10,000+ attendees on October 22-23. The AI-powered translation of speeches into 70 languages is included in the ticket. ⚡️ Buy your ticket to the Crypto Event of the Year: https://lnkd.in/erGs3qr7

Falcon keys, one of the methods to ensure post-quantum security, are used in Algorand's state proofs, ensuring that the chain's history is quantum secure. This is one more example of Algorand being institutional-grade.

Excited to be a judge for Algorand Foundation's Nigeria Hackathon. Come join us and create innovative solutions for decentralized identity, financial inclusion, supply chain and other technical challenges on the Algorand Technologies blockchain. Learn more here: https://lnkd.in/e2WKSeMt

📱 HesabPay is a digital payment platform designed to address financial inclusion and payment needs in Afghanistan. Build Solutions That Scale on Algorand. Today, the video spotlighting HesabPay debuts at the Moore Conference in Dubai.