Algorand Publishes Periodic Summary of Token Movement To Ensure Transparency

Maheen Hernandez By Maheen Hernandez November 14, 2019 0
algorand algo

Algorand regularly organizes meetups to improve on the prospects of the Borderless Economy.  The platform delivers decentralization, security, and scalability.

A second national e-meet up will be held on November 16, 2019.  Brian Behlendorf will be delivering the principal note address.

Amol Kulkarni will be providing the Hyperledger Greenhouse Project Updates. Product demos will be provided for SnapCert, SofoCle, and self-sovereign identity platform.

On November 20, 2019, Elizabeth Baran, Product Management Director at Algorand, will be providing an overview of Algorand and will be talking about the newest features and tools for developers to build decentralized applications on the Algorand blockchain.  She will also be talking about how to get involved with the Algorand community.

The event will be held at 399 Boylston Street, Boston, Massachusetts.  Sign-in will be at 6:00 pm to 630 p.m., 6:30 pm – 7:15 pm – Talk by Elizabeth, 7:15 pm – 7:30 pm – Q&A, 7:30 pm – 8:00 pm – Networking.  Refreshments and space sponsored by Algorand.  Need a govt-issued photo ID for security check-in.

On November 21, 2019, an event hosted by John H. and Mike W. at 399 Boylston Street, Boston MA, from 6:30 pm to 8:00 pm will be about how the insurance industry will not be the same.

On December 04, 2019, at MIT Lincoln Laboratory Lexington, MA, the workshop will be on Cyber Technology for National Security.  This is the first kind of annual cyber technology for national security.  This workshop sharply focuses on cyber technologies being applied to critical requirements of national security.

Algorand is committed to responsible decentralization.  The company anticipates selling some of their earned rewards in the future.  They are working towards developing a structured selling plan setting the critical criteria like the volume limits, which are relative to the overall trading volume of the secondary market.

Algorand INC is working with a very long term view concerning the success of the Algorand Network.  They are particular about ensuring transparency.  The tokens will be used to participate in consensus to assist with further securing the network to give incentives to contributors and application developers through grants, investments, and competitions. Develop the financial ecosystem by improving growth and liquidity via lending, market making, and staking.

A periodic summary of the token movement in addition to wallet updates will be made to ensure transparency.  This is important as the stakes fluctuate as the tokens move in and out of the system.  This is done to provide support to the community.

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