Algorand is a blockchain platform designed to work with the financial sector and banking institutions. The project is aimed at the practical application of its blockchain in the real world. The developers of Algorand claim that they are building technologies for the future financial market, which will combine traditional and decentralized solutions. They call it FutureFi.

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Today at @CFCstmoritz , Algorand Foundation CTO @JohnAlanWoods announces Algorand's partnership in The DeRec Alliance, a chain-agnostic
effort to enable mass market decentralized recovery.

The Alliance is formed with @HBAR_foundation , @swirldslabs , and others. #CFCStMoritz

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