Algorland

Algorand is an energy-efficient, quantum-secure, single-layer blockchain with instant finality, consistently high throughput, and low fees. Algorand is a private corporation that builds the Algorand blockchain, a high-performance Layer-1 blockchain.ÂThe founder of Algorand is Silvio Micali, an Italian computer scientist and professor at MIT.

Builders on Algorand are creating protocols and companies that solve important problems at a global scale: instant payments in war and disaster zones, self-sovereign identity for the disenfranchised, supply-chain traceability for global commerce, permissionless protocols addressing financial inclusion, and the creation of entirely new markets through tokenization, to name a few. Algorand enables blockchain solutions at scale, with:

🔹Instant finality

🔹Near-zero transaction costs

🔹Quantum security

🔹Consistently high transactions per second, and

🔹Minimal energy requirements It’s everything a developer needs, all in one elegantly engineered Layer-1