Algorand Foundation has announced its membership in the Blockchain Association, emphasizing the importance of real-world applications of blockchain technology and open infrastructure.
Purpose of Collaboration with Blockchain Association
Algorand Foundation aims to collaborate with other Blockchain Association members to shape an innovation-driven regulatory environment for cryptocurrency. This partnership focuses on supporting open access, permissionless systems, and creating digital public infrastructure in the US.
> "We are committed to an open, secure, and inclusive blockchain ecosystem - and that requires clear, consistent policy," said Staci Warden, CEO of the Algorand Foundation.
Algorand and Its Applications
Algorand is an energy-efficient, quantum-secure Layer 1 blockchain designed for real-world applications. It offers high throughput, instant finality, and minimal fees, making it ideal for emerging use cases in DeFi, payments, identity, and supply chain traceability.
New Team at Algorand Foundation
Last week, Algorand Foundation welcomed Jennie Levin as its new Chief Legal and Operations Officer. She will work closely with the Blockchain Association on policy engagement and advocacy efforts.
> "The Blockchain Association plays an essential role in advancing crypto policy in Washington and beyond," said Jennie Levin.
Algorand Foundation's membership in the Blockchain Association highlights the importance of applying blockchain technology to develop an open and inclusive ecosystem focused on real-world use cases.
