Steve Kokinos, CEO of AlgorandInc., about the recent upgrade previously stated, "At Algorand, we'recommitted to continuous innovation and the development of technology thatsolves real-world challenges. With this release, new features and simpledeveloper resources enable new use cases and broader adoption of blockchainoverall." He further stated,"Building decentralized financial applications require the rightfoundational technology and vision."

Algorand 2.0 Asset Spam Protection Feature

Algorand 2.0 provides for new use cases like Asset Tokenization, third party asset issuance, making access to investments easy for all, and cross border transactions without intermediaries.  The unique functionality of the 2.0 is related to Role-Based Asset Control (RBAC).  The asset controls are flexible for issuers and managers in terms of business, compliance, and other regulatory requirements.

Further, Algorand 2.0 provides userprotection against assets with tax legal and reputational risk. When such assets have risk-relatedimplications, the asset spam protection feature will prompt users to opt-inbefore they accept such risky asset types.

The assets issued on Algorandhave universal inter-operability.

ALGORAND 2.0 FOR FUNGIBLE AND NON-FUNGIBLE TOKENS

Algorand 2.0 solves severalchallenges involved in asset tokenization in terms of fungible tokens,non-fungible tokens, restricted fungible tokens, and restricted non-fungibletokens. The asset types in fungibletokens are in-game points, stable coins, loyalty points, system credits, andcryptocurrencies. The asset types innon-fungible tokens are in-game items, supply chain, real estate,certifications, and collectibles.

Asset types under restrictedfungible tokens are securities; government issued fiat and certifications. Restricted non-fungible tokens are realestate, ownership registries, and regulatory certifications.

The recent upgrade provides for simplified usage, transaction finality, and core security on a high-performance blockchain.

Algorand Partners

A new wave of Distributed Appdevelopment occurs with the evolutionary upgrade of Algorand with Algorand2.0. The ASA's transaction fees are lowas it is minuscule. The asset issuanceprocess is easy and straightforward for developers and enterprises.

The global base of Algorand partners is diverse.  The companies representing the technology of Algorand include but are not limited to USV, Pillar, Applied Crypto, Lvna, Bixin Capital, Continue Capital, and Brain Child.  The list of Algo partners is extensive, including MetaStable, Multicoin Capital, POLYBIUS capital, QCP Capital, Spark Pool, and Wing. Several strategic alliances are in the pipeline, and the ecosystem is growing towards 2020. Algo is currently trending in the price ranges of $0.23.