Crypto asset broker Voyager Digital announced a new investing solution based on the Algorand (ALGO) blockchain. According to a Dec. 3 announcement, it will allow its users to earn 8.5% on the Algorand version of the USD Coin (USDC) stablecoin
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- Could this be the silver bullet that finally gets governments and big firms to use smart contracts? (Photo: Christiaan Colen)
Algorand, Blockstack building smart contract language for $100 million deals
The firms said the open-source Clarity project will help bring DeFi into the financial big time, replacing error-prone programming languages with one offering ‘mathematical certainty’ of how a smart contract will act
Blockchain developer Algorand has joined forces with decentralized software firm Blockstack to develop a new smart contract language that will deliver the safety, security, and predictability demanded by developers working on high-stakes DeFi transactions that run into nine figures.
- Silvio Micali's DeFi-focused Algorand blockchain aims to seize market share from Ethereum (Photo: Wikipedia)
Algorand announces $50M grant program to boost its blockchain
Three beneficiaries have already been announced, and other projects will be able to go through an open application process in due course
A decentralized finance-focused blockchain platform, Algorand has earmarked a total of 250 million ALGO tokens worth $50 million for multi-year grants initiative, designed “to provide funding to projects building apps to support infrastructure, end-user application, and research innovation on its blockchain.”