The Algorand Foundation has made a strategic investment in HesabPay, an interoperable digital payments platform in Afghanistan that uses the Algorand blockchain. The investment was revealed at the Algorand Impact Summit in New Delhi, where global leaders gathered to explore the potential of blockchain technology in addressing pressing...
Proof-of-stake blockchain cryptocurrency protocol Algorand is urging users to withdraw their funds from MyAlgo wallets. This is as MyAlgo, the native wallet provider for Algorand, reported Monday (Feb. 27) that an ongoing exploit has seen $9.6 million worth of customer funds so far stolen from the open-source,...
Public-private partnerships have yielded great things from railroads to universities, and now they stand to be a transformative force in the future of central bank digital currencies (CBDCs). This is analyzed in the report “Why Public-Private Collaboration Is Key To Blockchain Adoption,” a PYMNTS and...
As central banks roll out central bank digital currencies (CBDCs) for both wholesale and retail use cases, public-private partnerships are expected to play a pivotal role. This is especially true for cross-border payments, where wholesale CBDCs are anticipated to improve transaction efficiency and security. Public-private partnerships are...
November 09, 2022
Whether you’re talking about remittances sent home by migrant workers or other larger sums moving from one country to another, cross-border payments are the part of finance that crypto companies believe they can most easily and effectively disrupt. However, Jim Nguyen, CEO and co-founder of global payments FinTech Six Clovers, is not one of them […]
September 13, 2022
Since the very start of the concept of digital payments, humans have pursued a dream of simplified transactions between individuals that mix the ease and personal control of cash payments...
November 30, 2021
There are any number of ways to look at the emerging decentralized finance (DeFi) space, at least where banks are concerned. Some view it as an existential threat, while some...
June 26, 2024
Blockchain builder Algorand has debuted a tool for decentralized authentication and communication called LiquidAuth. As the company said in a news release Wednesday (June 26), LiquidAuth is an open-source solution for “authenticated peer-to-peer communication between wallets and apps/dApps,” designed to end the “overreliance” on centralized wallet communication provider WalletConnect. “While it emerged in response to […]
December 01, 2023
The Algorand Foundation has made a strategic investment in HesabPay, an interoperable digital payments platform in Afghanistan that uses the Algorand blockchain. The investment was revealed at the Algorand Impact Summit in New...
February 28, 2023
Proof-of-stake blockchain cryptocurrency protocol Algorand is urging users to withdraw their funds from MyAlgo wallets. This is as MyAlgo, the native wallet provider for Algorand, reported Monday (Feb. 27) that an ongoing...
December 13, 2022
The Bank of Italy has chosen Algorand to serve as its public blockchain platform. The platform, due to roll out early next year, will be the first time a European...
