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Algorand

Algorand accelerates the convergence between decentralized and traditional finance enabling the creation of next generation NFTs, stablecoins, payments and more.

Algorand is a blockchain platform that offers fast, secure, and scalable transactions. It uses a unique Pure Proof of Stake consensus mechanism to process over 1,000 transactions per second with near-instant finality. Algorand supports smart contracts, asset creation, and decentralized applications. The platform’s native cryptocurrency, ALGO, is used for network participation and rewards. Algorand’s technology enables various applications in finance, supply chain, and digital identity management.

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