Sponsor Profile

Algorand Foundation 
Silver Sponsor 

The Algorand Foundation is dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol and open source software, which was initially designed by Silvio Micali and a team of leading scientists. With core beliefs in the establishment of an open, public and permissionless blockchain, the Algorand Foundation has a vision for an inclusive ecosystem that provides an opportunity for everyone to harness the potential of an equitable and truly borderless economy.

The Algorand Foundation will provide assistance with the network launch, along with initial governance and evolution of the public blockchain, with a primary goal of promoting broad participation and decentralization of the network.

Core Technology

We believe that a public, permissionless, pure proof-of-stake blockchain with an open source approach is fundamental to delivering on the vision of a borderless economy.  

The Algorand consensus mechanism is designed to promote open participation, security and performance within a network that is decentralized by design. With consensus on a new block being reached as fast as the block can be propagated throughout the network, Algorand’s transaction throughput is on par with large payment and financial networks, all securely scalable to billions of users. And Algorand is also the first blockchain to provide immediate transaction finality without the fear of forks.

Learn more about Algorand’s core technology at www.algorand.com.