Algorand upgrade targets legacy financial systems - 0 views
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John Kiff on 20 Aug 20Comprehensive upgrades to the Algorand blockchain will enable the creation of massively scalable dapps with the capacity to compete with established financial systems at a fraction of the cost. Algorand was built from the outset to drive complex applications requiring speed, scalability, finality, and security - while at the same time being cost-effective. Already nearly 400 companies are using the platform in sectors such as: investing (Republic), asset tokenization (Props), stablecoins (Tether, USDC, MELD Gold), CBDCs (Marshall Islands), gaming (World Chess), insurance (Attestiv) and accounting (Verady).