• Republic Note launches profit-sharing token
    Alt coins

    Crowdfunding platform Republic launches Note profit-sharing token

    The token sale for the Note comes as Republic embarks on a quest to democratize private investing and make it more accessible for the average consumer

    A glitzy video released by Republic says the Note allows anyone to “invest in tomorrow’s greatest minds and their brilliant creations, and succeed when they succeed.” A token sale is scheduled to commence on July 16. Each Note is going to be sold for $0.12, and an $8 million cap on sales is going to be in place.

  • Algorand Blockstack smart contract language
    Technology

    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.

  • Deepfake detection firm chooses Algorand
    Technology

    Algorand: Insurers investigate, blockchain corroborates

    Attestiv believes its AI-driven media validation technology can help insurers detect false claims that cost them $40 billion a year.

    Algorand and Attestiv believe they can use blockchain technology to help insurance companies detect when claims are accompanied by difficult-to-detect deepfake photos and videos.

  • Major Algorand upgrade
    Alt coins,  Innovators

    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.”