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Hey Thank You, It Was Awesome! I’m Adding $ALGO
Algorand Drone Racing League to Become First Sport to Stream in Metaverse https://thecryptobasic.com/2023/04/05/algorand-drone-racing-league-to-become-first-sport-to-stream-in-metaverse/ via @thecryptobasic $ALGO
City of Miami Mayor Francis X. Suarez and Tyreek Hill "The Cheetah" Gear Up for the Drone Racing League Algorand World Championship Race in Miami at loanDepot park
https://www.prnewswire.com/news-releases/city-of-miami-mayor-francis-x-suarez-and-tyreek-hill-the-cheetah-gear-up-for-the-drone-racing-league-algorand-world-championship-race-in-miami-at-loandepot-park-301750768.html
"...In celebration of DRL's first live-audience drone race flying into Miami, Mayor Suarez announced his appointment as the DRL Miami Drone Commissioner today, advocating for continued tech innovation in the Magic City.
"The Drone Racing League is made for Miami, igniting our city's passion points of technology, sports and entertainment, and I'm proud to serve as their Miami Drone Commissioner. I hope you will all join me for the DRL Algorand World Championship Race on February 25th - it's going to be amazing," said Mayor Suarez.
National Football League Miami Dolphins Wide Receiver Tyreek Hill aka "The Cheetah'' will also be in attendance at the DRL Championship race as he completes DRL's inaugural First Flight to launch the competition. Fans will witness the NFL's fastest player fly the fastest drone with DRL Champion Pilot Alex Vanover to officially open the course.
"The Drone Racing League represents everything I'm a fan of – tech, speed, gaming and fierce competition," said Hill. "I'm excited for you to watch me make DRL history and launch DRL's First Flight with the fastest drone racers in the world."
DRL partners will immerse fans throughout the event. Algorand, the leading high-performance blockchain platform, will both offer guests the opportunity to redeem a complimentary NFT POAP (proof of attendance) and stage a jaw-dropping, 11-minute, post-race drone light show with Go Drones Show. Set to music, 400 drones will sparkle above the crowd, soaring into interactive QR codes and other animations..."
Algorand Vs. Solana – What’s the Difference?
https://www.securities.io/algorand-vs-solana/
Algorand among the best Layer 1 blockchains
https://en.cryptonomist.ch/2023/02/21/algorand-among-best-layer-1-blockchains/
Global Blockchain Business Council (GBBC)
Developing the next trillion dollar industry through education, advocacy, and partnership.
https://gbbcouncil.org
https://twitter.com/GBBCouncil
Thank you @GBBCouncil for featuring our recent partnership with @THubHyd!
— Algorand Foundation (@AlgoFoundation) February 15, 2023
We are just getting started in India ❤️ https://t.co/xGLKRRZk3w
Paris Blockchain Week ~ 20-24 March 2023 at the magnificent Carrousel du LOUVRE
https://www.parisblockchainweek.com
SPEAKER’S PROFILE
SILVIO MICALI
FOUNDER OF ALGORAND
https://www.parisblockchainweek.com/speakers/micali
https://twitter.com/ParisBlockWeek?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Our founder @silviomicali will be a speaker at the Carrousel du Louvre for @ParisBlockWeek! Use our promo code for a discount 🔥
— Algorand Technologies (@Algorand) February 16, 2023
Get your tickets now: https://t.co/L73BA0klVG
El Salvador to open a ‘Bitcoin Embassy’ in the United States
After debuting a Bitcoin Embassy in Switzerland’s city of Lugano, El Salvador continues expanding its BTC strategy with a new partnership with Texas.
https://cointelegraph.com/news/el-salvador-to-open-a-bitcoin-embassy-in-the-united-states
El Salvador to Launch Government Blockchain Infrastructure on Algorand This Year
The country has signed an agreement with Latin American asset tokenization company Koibanx to allow official records to be hosted on the blockchain.
By Andrés Engler, Aug 31, 2021
El Salvador Algorand Adoption Explained: How The Algorand Blockchain Benefits From The Adoption
January 18, 2022
https://www.algopulse.io/articles/el-salvador-algorand-adoption-explained-how-the-algorand-blockchain-benefits-from-the-adoption
Napster Acquires Mint Songs to Advance Its Web3 Ambitions
The resurrected music brand is expanding its footprint to include digital collectibles.
https://decrypt.co/121341/napster-acquires-mint-songs-to-advance-its-web3-ambitions
Mint Songs @mintsongs
Building tools for artists to succeed in web3 music | Powered by Ethereum + Polygon
https://twitter.com/mintsongs?lang=en
https://opensea.io/MintSongs-Collection?tab=created
Napster Expands Into Web3 Music Space With Acquisition of Mint Songs
https://news.bitcoin.com/napster-expands-into-web3-music-space-with-acquisition-of-mint-songs/
Napster Begins Planned Acquisition Spree Amid Shift to Web3
20-plus-year-old music service has acquired Mint Songs, and Napster’s CEO says the company is eyeing more deals with “best-of-breed tech partners”
https://blockworks.co/news/napster-begins-planned-acquisition-spree-amid-shift-to-web3
NAPSTER ACQUIRES WEB3 MUSIC STARTUP MINT SONGS AFTER EIGHT-FIGURE FINANCING
https://www.musicbusinessworldwide.com/napster-acquires-web3-music-startup-mint-songs-after-eight-figure-financing/
Algorand Network Brings Napster Out of Retirement for the Web 3.0 Era
Jun 30, 2022
The streaming service will help Algorand beef up its everyday utility
https://investorplace.com/2022/06/algorand-network-brings-napster-out-of-retirement-for-the-web-3-0-era/
Official announcement of Hub71 Digital Assets initiative! ~ Algorand
rayan.algo @RayanKhalil
Community Manager @AlgoFoundation
https://twitter.com/RayanKhalil
Official announcement of Hub71 Digital Assets initiative!
— rayan.algo (@RayanKhalil) February 15, 2023
The @AlgoFoundation will be supporting projects at @hub71ad to build and integrate on chain!#algorand #hub71 #AbuDhabi #UAE pic.twitter.com/pO6YBSvdZe
Going to @hub71ad digital assets launch event with @JohnAlanWoods and Daniel Yang!
— rayan.algo (@RayanKhalil) February 15, 2023
Very happy to share that the @AlgoFoundation will be a Blockchain partner in this initiative!#Algorand #blockchain #AbuDhabi #uae pic.twitter.com/GxaY5rPwDQ
HUB71 ~ Abu Dhabi
Welcome to Abu Dhabi’s Global Tech Ecosystem
https://hub71.com
https://twitter.com/hub71ad?lang=en
https://hub71ad.medium.com
"We're thrilled to announce our speakers for the launch event of Hub71+ Digital Assets
Don't miss out on this opportunity to learn from the best in the industry!"
Keynote Speakers and Presenters ~ Launch Event ~ Hub71+ Digital Assets
John Woods, Chief Technology Officer, Algorand
📢 Exciting news!
— Hub71 (@hub71ad) February 14, 2023
We're thrilled to announce our speakers for the launch event of Hub71+ Digital Assets 🚀
Don't miss out on this opportunity to learn from the best in the industry! #Hub71 #AbuDhabi #Hub71Plus #Web3 #DigitalAssets #Blockchain pic.twitter.com/sxLgzXDSum
Abu Dhabi launches ‘Hub71+ Digital Assets’ to accelerate growth of Web3 startups
The new ecosystem will benefit from the regulated environment of Abu Dhabi Global Market
https://gulfbusiness.com/abu-dhabi-launches-hub71-digital-assets/
"...Hub71, Abu Dhabi’s global tech ecosystem, has announced the launch of Hub71+ Digital Assets, a dedicated Web3 specialist ecosystem. It has more than $2bn of capital committed to fund Web3 startups and blockchain technologies.
Hub71+ is a specialist ecosystem dedicated to advancing specific technology sectors. Its first offering is the launch of ‘Hub71+ Digital Assets’ – which will be based at Abu Dhabi Global Market (ADGM).
Through this ecosystem, startups, from seed to unicorn stage, can scale globally, unlocking access to programmes, initiatives, and corporate, government and investment partners.
First Abu Dhabi Bank (FAB) and its research and innovation centre, Fabric join as the anchor partner of Hub71+ Digital Assets.
FAB will identify Web3 startups, entrepreneurs and breakthrough technologies to help the bank reimagine financial services in the metaverse..."
Hub71 partners
Blockchain platforms – enabling transparent recording, tracking, and sharing of assets
• Algorand, Polygon, SUI Blockchain, Ton Foundation, and Venom Foundation
Zone PlayFi League Sees Huge Growth on Algorand
The Playfi league brought huge growth to Algorand. And Algorand shows it can operate games smoothly compared to other Layer 1 chains.
https://www.altcoinbuzz.io/cryptocurrency-news/spotlight/zone-playfi-league-sees-huge-growth-on-algorand/
https://twitter.com/XTZ_ESPORTS
New Growth for Algorand
"...The tournament was beneficial to both Algorand and Zone. It brought many more transactions to Algorand and also gave Zone the chance to solidify itself in the fantasy football space. About 38,000 new addresses were onboarded to Algorand during the tournament, and more than 138,000 new users joined Algorand.
Reacting to the tournament, Piergiacomo Palmisan, Head of Gaming at Algorand Foundation said, “The Zone effect on Algorand has been undeniable, and we are grateful to have such strong partners in our ecosystem. I am really looking forward to all the new features and the great initiatives that the Zone team has in the pipeline.”
The PlayFi League was the first of many partnerships between Zone and Algorand. They have plans to improve the game experience and roll out more features and incentives in the months to come..."
Welcome to 1circle, a Chinese Community on Algorand. We are supporting Algorand Global Community and supported by Algorand Foundation.
https://twitter.com/Algo1circle
https://1circle.io
Here's a new release of #Algorand #Ecosystem #Landscape to kick off 2023. We have been working hard to update it. The map provides a comprehensive overview on 300+ projects across 32 categories, making it a great tool for knowing @Algorand ecosystem development. @AlgoFoundation pic.twitter.com/AARWL5Bam1
— 1circle.algo (@Algo1circle) February 7, 2023
Who cares -- ALGO shot up on the news
$ALGO
DAMN! Algo Foundation CEO with Hillary Clinton at a Clinton Foundation event 👀 $ALGO
— MASON VERSLUIS (@MasonVersluis) February 8, 2023
She made the announcement at this event for the new #Algorand partnership with SEWA! pic.twitter.com/vFqgeucCb0
Algorand: ability to develop national stablecoins over the network
26 Jan 2023
https://www.algolatam.com/algorand-develop-stablecoins/
"It was recently announced that the National Australia Bank is developing a stablecoin that will be launched using the Algorand blockchain. This event is really important, because it marks an exceptional use case for the network, having the capacity to issue digital currencies at parity with their respective national assets..."
Blockchain developments in Algorand: projects that explore digital identity
18 Jan 2023
https://www.algolatam.com/algornad-dizmeid/
"...Algorand and the Linux Foundation are developing «DizmeID», a project that develops and enables a network of sovereign identity credentials, which will give holders the possibility of having control of their digital identity, and also including integration with blockchain technology..."
https://www.dizme.io/foundation
https://twitter.com/dizmeid?lang=en
@linuxfoundation officially announces DizmeID Foundation: founding members are @Algorand, @FabrickPlatform, @InfoCert_it. @ApspUfficiale is an Associate Member. https://t.co/l9akI4S097 pic.twitter.com/KP26fOFpAl
— dizme THIS IS ME (@dizmeID) February 25, 2021
Day By Day: revolutionizing the insurance industry thanks to Algorand technology
https://www.algolatam.com/algorand-day-by-day-insurance/
Day By Day platform
https://app.daybyday.io
Daniel Montoya @DanielMontoyaHD
CTO @daybydayio: decentralised insurance
https://twitter.com/danielmontoyahd?lang=en
https://www.linkedin.com/in/daniel-montoya/?originalSubdomain=au
https://twitter.com/daybydayio
#SNEAKPEEK of our decentralised #insurance platform 👀
— Day By Day (DBD) 🇦🇺 (@DayByDayio) February 6, 2023
Currently in internal testing - #testnet info coming in the next month!
Thanks @DanielMontoyaHD for being our demonstrator
P.S spot the 2 inconsistencies in our gif 🤡#Insurtech #Web3 #NFTs #Algorand #Web3 @algorand pic.twitter.com/g0yPOC543z
Thanks for the shoutout @AlgoFamily! We know what we're voting for 👀#Insurance #Insurtech #Web3 #NFTs #DeFi #InsureFi https://t.co/EFEotiW4xe
— Day By Day (DBD) 🇦🇺 (@DayByDayio) February 8, 2023
🌟Australian Blockchain Week 🌟
— Digital Economy Council of Australia (@DECAustralia) March 15, 2022
200 speakers, 5 days, 75 sessions - here's what you need to know about the biggest blockchain, cryptocurrency & digital asset festival Australia has ever seen. 🧵 (1/25)
🎟️Get your virtual tickets 👉 https://t.co/qtVJrflGjY pic.twitter.com/LrusW6fI5L
UP NEXT:
— Digital Economy Council of Australia (@DECAustralia) March 25, 2022
👉 @victoriaaltlaw from @wearealtlaw
👉 Charles Turner-Morris from Smart Trade Networks
👉 @interwebcoding from Rewired One
👉 Daniel Montoya from @DBD_OLD
👉 Luke Spiller from Servgard #BlockchainWeek2022 pic.twitter.com/8OuHXnKkCE
LOL Yeah -- A bit triggered there
.30 break coming
so true ya triggered nut job Algorand all the way
We are here to make money - not be wacko conspiracy theory nut jobs.
Trade to make money and leave politics and wacko idiot theories somewhere else.
Algorand ~ Latin America (LATAM)
https://neomoon.app
https://twitter.com/neomoonapp
We are so happy to be part of the #algofam and this great opportunity to show all our successes, what Latin America needs, but above all, what LATAM can give to all the #algorand ecosystem. We are building the bridge to bring more #algo adopters from Latin WEB2.0 🚀🌕 https://t.co/mhcdx12AqE
— neomoonapp (@neomoonapp) January 20, 2023
Clintons... well that screams deep state criminals I'm in
Hillary Clinton announces 50 million dollar Global Climate Resilience Fund
https://economictimes.indiatimes.com/news/international/world-news/hillary-clinton-announces-50-million-dollar-global-climate-resilience-fund/articleshow/97642067.cms
Algorand Foundation Announces Broad-Reaching Partnerships in India to Grow Web3
https://www.prnewswire.com/news-releases/algorand-foundation-announces-broad-reaching-partnerships-in-india-to-grow-web3-301740183.html
"...In addition, Algorand will act as a technology partner for the new $50 million Global Climate Resilience Fund – launched by the Clinton Foundation and its Clinton Global Initiative, with SEWA as a founding partner – geared towards helping women micro-entrepreneurs address climate change. SEWA is the largest trade union in India with more than 2.1 million female workers. For 50 years, SEWA has improved the livelihoods of self-employed women workers from the informal economy through initiatives including technical training.
In celebrating the new fund, the Algorand Foundation and its CEO Staci Warden have joined Former U.S. Secretary of State Hillary Rodham Clinton and The Clinton Foundation in Ahmedabad. The fund, in part, will help local entrepreneurs connect with the carbon markets and monetize carbon credits that their activities generate. Through business accelerator programs and seed investments, Algorand will support women-led enterprises building solutions to increase financial inclusion and empowerment of SEWA members and low-income working women across India.
"At the Algorand Foundation, we are deeply committed to ensuring blockchain lives up to its potential in creating a more inclusive economy in India and across the globe," said Warden. "I am thrilled to be back in India, and especially to see the embrace and enthusiasm by people across the country for technology that can so significantly and positively impact their quality of life."
Algorand's focus on India follows the Foundation's recent appointment of Anil Kakani as India Country Head.
"The partnerships we are formalizing this week with India's most respected institutions and organizations are reflective of the reliability, scalability and real world utility of Algorand's blockchain technology," said Kakani. "Our mission is built around sustainable impact. We are ready to take center stage in India and across the globe to fuel world-changing solutions to improve access to financial services, health care, education and so many other critical applications."..."
T-Hub ~ Algorand ~ India
https://t-hub.co
https://www.kron4.com/business/press-releases/cision/20230207NY07499/algorand-foundation-announces-broad-reaching-partnerships-in-india-to-grow-web3/
"...Algorand is the first layer-1 blockchain protocol to partner with T-Hub, India's premier innovation hub with 600+ corporate partners, including Intel, AWS, Boeing, Meta, Microsoft, Cisco, among others. This partnership will support startups and established companies building high-impact, scalable blockchain-based solutions.
"T-Hub and Telangana state are committed to supporting a Web3 ecosystem of entrepreneurs, developers and creators. Our new partnership with Algorand, especially given the sustainability and real world utility of its blockchain in a market like India, is strong evidence of that," said M. S. Rao, T-Hub CEO. "This partnership will help our ecosystem scale globally and access capital from around the world."..."
Telangana, India government website
https://it.telangana.gov.in/sectors/t-hub/
What is T-Hub and how it has helped Telangana’s startups grow
https://www.thehindubusinessline.com/info-tech/what-is-t-hub-and-how-it-helps-startups-grow/article65577408.ece
T-Hub unveils world’s largest innovation campus in India
https://economictimes.indiatimes.com/small-biz/entrepreneurship/t-hub-unveils-worlds-largest-innovation-campus-in-india/articleshow/92515877.cms
T-Hub wins ‘Best incubator in India’ award at National Startup Awards 2022
https://www.thenewsminute.com/article/t-hub-wins-best-incubator-india-award-national-startup-awards-2022-172061
ALGO up 7 percent overnight
London Bridge ~ Algorand
The Secure Bridge between Algorand and Ethereum
"Transfer tokens between Algorand and Ethereum using the additional security of State Proofs and Hardware Enclaves."
https://twitter.com/LondonBridgeApp
https://londonbridge.io
developer:
https://appliedblockchain.com
AlgoBharat ~ Algorand ~ India
https://algobharat.in
https://algobharat.in/about-us/
NOTE: looks like Algorand is taking off in India. imo. excellent!
https://twitter.com/Algo_Bharat
We’re turning it up a notch this week @Algo_Bharat. Look who’s coming to India — our very own, @StaciW_DC . We’re doing big things in #ahmedabad #mumbai #hyderabad. Buckle up for some impact. #shapethefuture @algofoundation@anil_vikasa @niikkhhiil pic.twitter.com/7fPkvj4RWM
— AlgoBharat (@Algo_Bharat) February 3, 2023
Unlocking the potential of #supplychain with @Algorand #blockchain. Mark your calendars for our Twitter Space hosted by @sonkararmish this Saturday, January 21, at 8.30pm IST. @AlgoFoundation @anil_vikasa @niikkhhiil @mohita_algo
— AlgoBharat (@Algo_Bharat) January 17, 2023
Set your reminder: https://t.co/bQls6fhgql pic.twitter.com/pp9WA4CXkJ
Algorand Foundation Announces Broad-Reaching Partnerships in India to Grow Web3
https://www.prnewswire.com/in/news-releases/algorand-foundation-announces-broad-reaching-partnerships-in-india-to-grow-web3-301740349.html
"The Genius of Algorand: Technical Elegance and the DeFi Revolution" Paperback – August 23, 2022
by Anthony Scaramucci (Author)
https://www.amazon.com/Genius-Algorand-Technical-Elegance-Revolution/dp/1637588712
"In a universe of cryptocurrencies, Algorand stands out as one of the best long-term blockchain protocols for the future."
"In The Genius of Algorand: Technical Elegance and the DeFi Revolution, financier Anthony Scaramucci walks readers through the history of Algorand, from its inception in the mind of an MIT mathematical genius to the current frontline users who are reinventing the way money works. In his usual straight-talking style, Scaramucci explains why the creation of Algorand is so unique and shines a light on the unmet markets where it’s poised to dominate. Along the way, readers will hear the Algorand origin story straight from Silvio Micali, the Italian immigrant who created it. They’ll also meet the slew of current entrepreneurs, BizDev app designers, marketers, and small business owners who are already taking advantage of Algorand’s bright future.
Digital currency is already reshaping the global financial markets, but every token is not created equally. In 2021, Scaramucci chose Algorand for his SkyBridge Capital clients. The story of how Scaramucci became an “Algonaut” doubles as a window into the opaque world of financial technology development, and the way visionaries—from international banks to struggling artists—are adopting it to change the world."
About the Author
"Anthony Scaramucci is the Founder and Co-Managing Partner of SkyBridge Capital, a global alternative investments firm. He is the author of several books including The Sweet Life with Bitcoin and Hopping Over the Rabbit Hole, a 2016 Wall Street Journal best- seller
Prior to founding SkyBridge in 2005, Scaramucci co-founded investment partnership Oscar Capital Management, which was sold to Neuberger Berman in 2001. Earlier, he was a vice president in Private Wealth Management at Goldman Sachs & Co.
In 2016, Scaramucci was ranked #85 in Worth Magazine’s Power 100: The 100 Most Powerful People in Global Finance.
Anthony is a member of the Council on Foreign Relations (CFR), vice chair of the Kennedy Center Corporate Fund Board, a board member of both The Brain Tumor Foundation and Business Executives for National Security (BENS), and a Trustee of the United States Olympic & Paralympic Foundation. He was a member of the New York City Financial Services Advisory Committee from 2007 to 2012.
Scaramucci, a native of Long Island, New York, holds a Bachelor of Arts degree in Economics from Tufts University and a Juris Doctor from Harvard Law School."
This Altcoin Will Be the ‘Google’ of Crypto, According to SkyBridge Capital Founder Anthony Scaramucci
https://dailyhodl.com/2022/01/16/this-altcoin-will-be-the-google-of-crypto-according-to-skybridge-capital-founder-anthony-scaramucci/
What is post-quantum cybersecurity?
"The goal of post-quantum cryptography (also called quantum-resistant cryptography) is to develop cryptographic systems that are secure against both quantum and classical computers, and can interoperate with existing communications protocols and networks."
NIST Computer Security Resource Center https://csrc.nist.gov/Projects/post-quantum-cryptography#:~:text=The%20goal%20of%20post-quantum,existing%20communications%20protocols%20and%20networks.
MIT Bitcoin Expo 2022 | Post-Quantum Algorand & State Proofs
(presentation by Algorand Head of Cryptography Chris Peikert)
Crypto news for Algorand (ALGO): interoperability and post-quantum security. All the details.
https://en.cryptonomist.ch/2023/02/06/crypto-news-for-algorand-algo/
Algorand reveals 2 key areas of focus that are important for future-proofing
https://ambcrypto.com/algorand-reveals-2-key-areas-of-focus-that-are-important-for-future-proofing/
Ferrum Network Interoperability Platform Integrates with Algorand (ALGO)
https://u.today/ferrum-network-interoperability-platform-integrates-with-algorand-algo
https://ferrum.network
Pioneering Interoperability 2.0
The Next Generation MultiChain Messaging Engine Powering a Bridgeless Future
"We have two key goals: Interoperability & exchange between the #Algorand network and others, and post-quantum security." -@ChrisPeikert
— Algorand Technologies (@Algorand) February 3, 2023
Watch the full video from #Decipher2022: https://t.co/R3REApEE6f pic.twitter.com/KOhgUo5WaN
CoinDCX launches Namaste Web3, an educational initiative to make India Web3-ready
https://www.businesstoday.in/coindcx-crypto-exchange/article/story/coindcx-launches-namaste-web3-an-educational-initiative-to-make-india-web3-ready-367616-2023-01-25
"CoinDCX announced the launch of Namaste Web3, an initiative aimed at generating awareness and understanding of the third-generation internet or Web3, and its potential for Indian industries."
Namaste Web3 initiative gets started with the Bangalore event
https://www.forbesindia.com/article/cryptocurrency/namaste-web3-initiative-gets-started-with-the-bangalore-event/82941/1
NOTE: scroll down for info re Algorand presentation (2nd workshop) at this event "Namaste Web3" held recently in India.
"Namaste Web3 aims to educate the Indian public about the potential and challenges of Web3 technology as it grows in India and globally"
"Namaste Web3 is an education and awareness drive initiated by CoinDCX and Forbes India. It aims to reach every corner of India, and hopes to ignite a spark of revolution by engaging with enthusiasts and entrepreneurs across the nation.
The 10-city event was launched on January 28, 2023, in Bengaluru, and will travel to cities including Mumbai, Indore, Ahmedabad, Delhi, and Pune, among others. These events will bring together prominent leaders from technology, BFSI, and other influential fields to share their knowledge and insights.
The first event, focussed on the theme of "Taking Web 3.0 to the Masses," hosted nearly 200 people and was met with tremendous enthusiasm. The 200 participants largely comprised developers and startup professionals. The discussions around Web3 infrastructure, in particular, generated much excitement, highlighting its critical importance in the industry.
While delivering the keynote address at the event, Sumit Gupta, Founder & CEO of CoinDCX, emphasised on the importance of education and awareness in driving adoption and innovation in Web3.
Sumit said, "Namaste Web3 is not just an event; it's a movement. 2022 was a tough year, but I have personally observed and learned that real building happens at this point. I genuinely believe that 2023 to 2025 is going to be an inflection point in Web3."
The keynote was followed by a panel discussion on DeFi in web3 and how DeFi is paving a way forward for web3 through the intersection of centralised and decentralised approaches. The discussion was moderated by Manisha Jain, Editor - Commodities & Currencies for CNBC-TV18. “Education and discoverability are big problems in DeFi. We need to focus more on educating people and make discoverability easier within DeFi, ” said Ravindra Kumar, Founder & CEO, FrontierWallet.
The second panel discussion talked about empowering the next generation of web3 developers and how to overcome challenges and fill the gaps in developer tools and infrastructure. It was moderated by Rohit Jain, MD, CoinDCX Ventures. “What I keep hearing from the global web3 community is that while India has phenomenal developers and builders in the web3 space, the market in India can be a little bit of a challenge,” said Rohit Jain, while pointing out that even web2 companies built out of India have had their fair share of challenges.
The panel discussions were followed by a presentation by Kavya Prasad, Founder, Lumos Labs, where she explained how developers and web3 companies can harness the Lumos metaverse. Next in line were the workshops, the first was presented by Prashant Maurya, Co-Founder & CEO, Spheron, where he talked about accelerating dApp development and explained the quirks of building dApps with Spheron's Decentralised Hosting Solutions.
The second workshop was presented by Pranjal Bhardwaj - Developer Relations - Algorand Foundation, where he talked about building dApps with Algorand. Pranjal also talked about the infamous blockchain trilemma.
The event finally concluded with a vote of thanks from Neeraj Khandelwal, co-founder, CoinDCX Ventures. “This is our initiative to make India a global leader on the web3 front,” concluded Neeraj on an optimistic note.
The next event in Namaste Web3, themed "VISION OF A $5 TRILLION INDIAN ECONOMY: IS WEB3 INDIA'S NEXT BIG THING?," is planned for Delhi in March."
2023 ~ Brixton Pound ~ Algorand
https://reachvolunteering.org.uk/org/brixton-pound-cic
"We are delighted to be working with the Algorand Foundation on the next chapter of the Brixton Pound story."
"2023 will see us reinvent the Brixton Pound, layering all we have learned in the last decade onto Algorand’s unique blockchain. Open source, trustless and inclusive, it’s an ecosystem developed solely to deliver public good. It’s incredibly exciting."
NOTE: linked below some relatively recent history and nostalgia on the Brixton Pound project...interesting possibilities imo...FYI
Brixton Pound chooses the Algorand blockchain on which to develop a tokenized version of their innovative Complimentary Local Currency, the Brixton Pound. 21st January 2021
https://www.algorand.foundation/news/brixton-pound-algorand
Algorand Foundation, The Brixton Pound And Network Participation
Jillian Godsil Apr 1, 2021
https://www.cryptocurryclub.com/post/algorand-foundation-the-brixton-pound-and-network-participation
The UK’s ‘Local Currencies’ Are Going Crypto
Local currencies like the Brixton Pound and Bristol Pound failed to save the British High Street. But can they succeed as stablecoins?
By Adriana Hamacher Jul 16, 2021
https://decrypt.co/76033/the-uks-local-currencies-are-going-crypto
Local London Currency Brixton Pound Thrives in Bitcoin’s Shadow
The Brixton Pound is becoming ever more popular. Did the rise of bitcoin help?
By Joon Ian Wong Feb 9, 2014 at 4:10 a.m. PST
https://www.coindesk.com/markets/2014/02/09/local-london-currency-brixton-pound-thrives-in-bitcoins-shadow/
Public blockchain confirmed for Italian bank guarantees project
By Ian Hall - January 4, 2023, 11:12 am
https://www.globalgovernmentfintech.com/public-blockchain-confirmed-for-italian-bank-guarantees-project/
"An Italian fintech initiative involving several public authorities with the prime ambition of tackling the problem of fraudulent banking guarantees has taken a step forward with the announcement of its public blockchain provider."
EU: Stablecoins’ role in crypto and beyond: functions, risks and policy
https://www.ecb.europa.eu/pub/financial-stability/macroprudential-bulletin/html/ecb.mpbu202207_2~836f682ed7.en.html
Prepared by Mitsu Adachi, Pedro Bento Pereira Da Silva, Alexandra Born, Massimo Cappuccio, Stephanie Czák-Ludwig, Isabella Gschossmann, Georg Paula, Antonella Pellicani, Sarah-Maria Philipps, Mirjam Plooij, Ines Rossteuscher and Pierfrancesco Zeoli[1]
"Stablecoins are in the spotlight due to their rapid growth, increasing global use cases and potential financial risk contagion channels. This article analyses the role played by stablecoins within the wider crypto-asset ecosystem and finds that some existing stablecoins are already critical to liquidity in crypto-asset markets. This could have wide-ranging implications for crypto-asset markets if a large stablecoin were to fail and could also have contagion effects if crypto-assets’ interlinkages with the traditional financial system continue rising. To date, the speed and cost of stablecoin transactions, as well as their redemption terms and conditions, have fallen short of what is required of practical means of payment in the real economy. Their growth, innovation and increasing use cases, coupled with their potential contagion channels to the financial sector, call for the urgent implementation of effective regulatory, supervisory and oversight frameworks before significant further interconnectedness with the traditional financial system occurs."
3 Stablecoins as means of payment
Stablecoin issuers are moving to new blockchain technologies to address the scalability and efficiency issues of the current most-used blockchains.[20]
"The majority of stablecoins are minted on blockchains using proof-of-work (PoW) consensus mechanisms that require network participants (the so-called miners) to compete with each other on the network to solve the complex puzzles involved in validating new transactions and adding new blocks. This not only makes PoW blockchains slower and less scalable, but also highly energy-consuming.[21] New blockchain networks following proof-of-stake (PoS) or proof-of-history (PoH) consensus mechanisms increase speed by requiring less network participants (or “validators”), reducing the computational power needed to verify each block transaction.[22] These networks, including Tron, Avalanche, Algorand and Solana, enable more transactions to be performed per second than on the Ethereum or bitcoin networks, are more scalable and have lower transaction costs (Chart 2, panel a). However, there may be a trade-off between scalability, security and decentralisation."[23]
Keep goin $ALGO
Looking good!
Algorand Rises 30% As Founder Sneaks Into List Of Personalities To Watch In 2023
https://www.newsbtc.com/news/algorand-rises-30-as-founder-sneaks-into-list-of-personalities-to-watch-in-2023/
Politico: 2023's crypto characters to watch
https://www.politico.com/newsletters/digital-future-daily/2023/01/30/2023-crypto-characters-to-watch-00080232
— "Algorand founder Silvio Micali: The Italian computer scientist is lesser known than many other crypto founders, though his theoretical bona fides are among the strongest.
In the ’80s, Micali was among the inventors of zero-knowledge proofs, a cryptographic technique that is now being widely deployed to bake even more secrecy into next-generation blockchain systems.
While Micali is just one of many crypto founders who tout their systems — in this case, Algorand — as technically superior to the most popular blockchains, he is the only one who has won both a Turing Award (often called the “Nobel Prize of computing”) and the inaugural Gödel Prize, a computer science honor inspired by Austrian logician Kurt Gödel’s correspondence with mathematician John Von Neumann.
At the dawn of the digital age, thinkers like Alan Turing and Von Neumann ventured from the realm of theory into applications to create the earliest computers — with consequences for the functioning of society and the global balance of power that are still unfolding in unpredictable ways today.
Crypto hasn’t proven its significance on any scale that is remotely comparable to computing itself.
But the technology’s proponents have ambitions that are just as sweeping and potentially unpredictable. If it fulfills them, it will likely be on account of the efforts of figures who are less like the Silicon Valley entrepreneurs so familiar to us today, and more like an earlier generation of tech pioneers who set out from the world of theory into the world of application."
The Capgemini Research Institute spoke with Silvio Micali, Founder of Algorand & Ford Professor of Engineering at MIT
https://www.capgemini.com/insights/research-library/discussion-with-silvio-micali/
https://twitter.com/Capgemini
https://www.capgemini.com/?georedirect_none=true
https://www.capgemini.com/news/
https://www.capgemini.com/about-us/
"Capgemini partners with companies to transform and manage their business by unlocking the value of technology."
"As a leading strategic partner to companies around the world, we have leveraged technology to enable business transformation for more than 50 years. We address the entire breadth of business needs, from strategy and design to managing operations. To do this, we draw on deep industry expertise and a command of the fast-evolving fields of cloud, data artificial intelligence, connectivity, software, digital engineering, and platforms."
AIMAN EZZAT
Director
Chief Executive Officer
Member of the Strategy & CSR Committee
https://www.capgemini.com/about-us/management-and-governance/board-of-directors/aiman-ezzat/
https://www.linkedin.com/in/aiman-ezzat/?originalSubdomain=fr
The Start of a Digital Currency Domino Effect: Panama and Central Africa Approve Crypto Regulations
https://nagax.com/int/news-and-analysis/articles/the-start-of-a-digital-currency-domino-effect-panama-and-central-africa-approve-crypto-regulations
What countries are next?
"...Nigel Green, CEO and founder of deVere Group, expects at least two more countries to adopt Bitcoin as legal tender by the end of this year.
In a new blog post, Green confirms his January prediction after news broke that the Central African Republic had become the second country in the world to officially recognize Bitcoin as a currency.
Green believes Tanzania is a likely candidate in Africa because its central bank said in 2021 that it was developing a presidential directive on cryptocurrencies. As for the Western Hemisphere, the CEO suggests that in Latin and Central America, a potential next candidate could be Paraguay or Mexico.
A Paraguayan bill aimed at regulating Bitcoin and cryptocurrency trading and mining in the country passed the Senate in December, which could be seen as a first step towards making Bitcoin legal tender. Also, a Bitcoin bill will be introduced in Mexico's Congress this year, as several politicians are on record as wanting their country to follow El Salvador's example..."
Panama Supreme Court to rule over the applicability of digital currency legislation
https://coingeek.com/panama-supreme-court-to-rule-over-the-applicability-of-digital-currency-legislation/
NOTE: interesting things happening in Panama imo. watching this closely. markets beginning to open in Central America following El Salvador?
Panama’s Crypto Bill Faces Setback as President Calls for Stricter AML Controls
https://cryptopotato.com/panamas-crypto-bill-faces-setback-as-president-calls-for-stricter-aml-controls/
"While (Panama President) Cortizo believes the crypto law is “innovative,” he revealed waiting for global regulation of the asset class.
“It is an innovative law from what I have heard, it’s a good law. However, we do have a solid financial system here in Panama and one of the things I’m waiting on is when you have a global regulation of crypto-assets.”"
The Bill Itself
"...The lawmakers in the Latin American country approved a bill that would regulate the use of Bitcoin and eight other cryptocurrencies while also aiming to pay taxes and private transactions.
A copy shared by Gabriel Silva, a Panamanian lawmaker, revealed that citizens, banks, and legal entities in the country will be allowed to use Bitcoin, Ethereum, XRP, Litecoin, XDC Network, Elrond, Stellar, IOTA, and Algorand, as a means of payment in both civil and commercial capacities “without limitation.”
As reported earlier, Panama’s bill contained similar stipulations as its neighbor El Salvador’s Bitcoin Law. It would also enable government agencies to migrate public records to blockchain technology, a move many consider would transform the country into a digital hub in Latin America and attract investments from financial technology firms..."
Panama is poised to approve the use of Bitcoin and 8 other cryptos ‘without limitation’
https://fortune.com/2022/04/29/panama-legalize-use-bitcoin-cryptocurrencies-legal-tender/
Panama Approves Regulatory Law Allowing for Crypto Tax Payments
https://cryptopotato.com/panama-approves-regulatory-law-allowing-for-crypto-tax-payments/?amp
"...When Panama’s central American neighbor El Salvador adopted Bitcoin as legal tender, it saw an influx of tourists and foreign money. This law may have a similar effect, given that its language contains some similar stipulations.
For example, Article 8 of a Google-translated version of the bill reads that “the organs and entities of the Republic of Panama may receive payments, directly or through payment processors or agents contracted for this purpose, for taxes, fees and other tax obligations on crypto-assets.” Cryptos allowed for this purpose will be determined by future legislation.
Meanwhile, article 7 states that a multitude of cryptocurrencies may be freely agreed upon “as a means of payment for any civil or commercial [debt] not prohibited by the legal system of the Republic of Panama”. These cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), XRP, Litecoin (LTC), XDC Network (XDC), Elrond (EGLD), Stellar (XLM), IOTA, and Algorand (ALGO).
Furthermore, by the rules of Panama’s territorial tax system, cryptocurrencies will incur 0% capital gains tax. Given these details, the new law makes Bitcoin – and possibly many other cryptocurrencies – a de facto legal tender..."
Panama Follows El Salvador as it Plans to Adopt Bitcoin and other crypto like XDC Network as Legal Tender
https://bitcoinist.com/panama-follows-el-salvador-as-it-plans-to-adopt-bitcoin-and-other-crypto-like-xdc-network-as-legal-tender/
Algorand ~ Empowering National Initiatives
https://www.algorand.com/empowering-national-initiatives
Panama: Efficient Healthcare Payment Systems
"Similar to the work being done in Bermuda, MAPay is also working with Panama to create payment infrastructure that can make the healthcare system more efficient for everyone involved."
MAPay in Panama
https://www.mapaycorp.com/2021/08/30/mapay-in-panama/
“We are very excited about the mutual prospects of bringing payments on the Algorand #blockchain to Panama” - Michael Dershem, CEO @mapaycorp
— Algorand Technologies (@Algorand) August 30, 2021
See the latest at MAPay and how they are transforming the healthcare system through blockchain-based solutions 👉 https://t.co/Q6lyNfLX45
How Zone Dominates Algorand’s Daily Active Wallets
https://medium.com/coinmonks/how-zone-dominates-algorands-daily-active-wallets-73aae75f1fac
ZONE https://zone.game
AlgoGamingGuild https://blog.algogamingguild.io
https://ecosystem.algorand.com/project/zone
"Zone is the first gamefi ecosystem on the Algorand blockchain that combines on-chain gaming challenges, yield farming and NFTs to create a free-to-play and play-to-earn ecosystem."
ZONE by XTZ
@XTZ_ESPORTS
"Turning ordinary gamers into global champions. Everything from casual, AAA gaming to fantasy sports on web3."
https://twitter.com/XTZ_ESPORTS?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
🚀$ZONE is a global phenomenon!
— Trybl (@trybl_protocol) January 30, 2023
Reaching the #global #gaming audience via daily influencer activations in
🇦🇷Argentina
🇵🇭Philippines
🇲🇦Morocco
🇧🇩Bangladesh
🇹🇷Turkey
🇮🇳India
and more...
#algofam, there's more to come. Brace yourselves for the ultimate #gaming revolution on #Zone! pic.twitter.com/IUE5UoVcLj
ICYMI: @PeraAlgoWallet hosted a gaming AMA with @XTZ_ESPORTS and @CosmicChamps! Learn about the future of gaming 👇https://t.co/5filHPWm5X
— Algorand Technologies (@Algorand) January 30, 2023
🎮📢Game on with @XTZ_ESPORTS & @Algorand PlayFi League! 35 days of gaming with a massive $150,000 prize pool! 🫰
— EQUINOX ΞCOSYSTΞM (@NOX_Ecosystem) November 9, 2022
All AFK Elephants NFT holders will have a guaranteed claim to the Zone Game Pass. Read the details of the tournament at this link👇https://t.co/zTMHOCjBuw #algofam
Bank of Canada CBDC research paper referencing Algorand
https://www.bankofcanada.ca/2022/10/staff-analytical-note-2022-14/
Archetypes for a retail CBDC
Staff Analytical Note 2022-14 (English)
Sriram Darbha
October 2022
Archetypes
In this section, we discuss the options for storing and updating the system state and develop five archetypes:3
-- Centralized
-- Leaderless
-- Macro-partitioned
-- Micro-partitioned
-- Direct
Leaderless
Another way to organize state is to replicate it in its entirety to multiple identical instances that are controlled by different entities and organized to be leaderless (i.e., no instance is the leader). The crowd of instances collectively provides oversight over each update, ensuring that it is applied by all replicas in the same manner, progressing all of them from the same current state to the same next state. The process to achieve agreement on updates is called consensus, and numerous consensus algorithms are known (Cachin and Vucolic 2017). This is the leaderless archetype, exemplified by systems such as Bitcoin (Nakamoto 2009), Ethereum (Buterin 2014) and Algorand (Chen and Micali 2017).
References
Chen, J. and S. Micali. 2017. “Algorand” version 9.
Cornell University ~ Computer Science ~ Cryptography and Security
https://arxiv.org/abs/1607.01341
Cryptography and Security
[Submitted on 5 Jul 2016 (v1), last revised 26 May 2017 (this version, v9)]
Algorand
Jing Chen, Silvio Micali
"A public ledger is a tamperproof sequence of data that can be read and augmented by everyone. Public ledgers have innumerable and compelling uses. They can secure, in plain sight, all kinds of transactions ---such as titles, sales, and payments--- in the exact order in which they occur. Public ledgers not only curb corruption, but also enable very sophisticated applications ---such as cryptocurrencies and smart contracts. They stand to revolutionize the way a democratic society operates. As currently implemented, however, they scale poorly and cannot achieve their potential.
Algorand is a truly democratic and efficient way to implement a public ledger. Unlike prior implementations based on proof of work, it requires a negligible amount of computation, and generates a transaction history that will not "fork" with overwhelmingly high probability.
Algorand is based on (a novel and super fast) message-passing Byzantine agreement.
For concreteness, we shall describe Algorand only as a money platform."
FYI: Background info for Jing Chen: https://www3.cs.stonybrook.edu/~jingchen/
"Jing is Chief Scientist and Head of Theory Research at Algorand Inc. Her research interests include game theory, mechanism design, distributed ledgers, smart contracts, and algorithms. She is an affiliated faculty in the Computer Science Department at Stony Brook University. She is also affiliated with the Economics Department and the Center for Game Theory in Economics. Before joining Algorand, she was an assistant professor in Computer Science at Stony Brook. She received the NSF CAREER Award in 2016.
Jing received her Bachelor’s and Master’s degrees in Computer Science from Tsinghua University, and her PhD in Computer Science from MIT. Her Master’s advisor was Professor Dongsheng Wang and her PhD’s advisor was Professor Silvio Micali. She was a postdoc fellow in the School of Mathematics at the Institute for Advanced Study."
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