In contrast to other blockchains, it does not go down, even when under strain.
With Algorand you will always be able to manage your transactions!
Up to one billion transactions a day.
Less than one euro cent per transaction.
Other blockchains are subject to forking, where two people can possess the same asset at the same time.
With Algorand there is no forking: there is always just one transaction history!
Low energy consumption from day one and carbon-neutral since 2021
Smart contracts execute transactions automatically when pre-established conditions occur.
In other blockchains they are expensive, slow and only completed after a series of steps, meaning that the outcome is uncertain until the final step is completed.
Instead, Algorand offers fundamental smart contracts that cost less than one euro cent and consist of a single step that takes just three seconds, eliminating all uncertainty.
Make your customers a compelling offer.
Minimum denominations of just a few euro and up to daily coupon frequency.
All automated, with maximum efficiency, at a cost of less than one euro cent per transaction!
Settlement times reduced from the current two days to a few seconds!
Twenty-four hours a day, three hundred and sixty-five days a year!
*With its project “Tokenization of Government Bonds”, Algorand Labs was selected to be included among
the activities supported and promoted for the year 2022/23 by Milano Hub,
the innovation center
set up by the Bank of Italy to support the digital evolution of financial markets.
algorand