Project with a global community of over 7,000 people. Returning online data ownership to developers and consumers. Languages when the stakes were low, but with increasing real-world use cases,įounded in 2013 in New York City, Blockstack PBC focuses on While JavaScript might be the language of choice for writing web apps, smartĬontracts have radically different requirements for verifiability and security “The value locked up in smart contracts recently crossedĪ billion dollars, and that number will likely continue to grow exponentially. This means that developers know exactly what a program will do ahead of time.īlockstack Founder Dr. In contrast to common languages, which are a bit unpredictable pre-execution, Clarity is a “decidable” language. These funds have a tendency to invest in the following rounds after Algorand. The current popular smart contract languages do not help enough in the creation of secure and effective code. If we find new data, we will add it here. Unlox is building 5 financial marketplaces for existing businesses to offer liquidity and financing to art holders/collectors and provide consumer finance loan NFTs. Many specialists believe that the industry is not reaching the needed maturity level and widespread usage, as in most cases smart contracts have been used for experiments. It is believed that this partnership will be a vital step toward better smart contract development. Programming language such as Clarity has the potential to unlockīlockchain-based solutions for large-scale enterprises and governments, whichĭemand a higher level of trust and security.” Of assets stored in smart contracts, the emergence of a next-generation “Smart contracts are an integral driver of blockchainĪdoption, as they eliminate the need for a third-party intermediary andįacilitate frictionless economic exchange. Silvio Micali, who is also a Turing Award-winningĬryptographer, shed light on the genealogy of the project: The Algorand protocol is the first open-source, permissionless, pure proof-of-stake blockchain protocol for the next generation of financial products.ĭr. Algorand Foundation and Lofty AI has partnered provide a marketplace for tokenized real estate as latest recipient of an Algorand Foundation Grant Award. Clarity is designed to help developers, engaged with high-stakes transactions that reach amounts of hundreds of millions of dollars, and demand better reliability and consistency. The two companies are among the top 100 projects on CoinMarketCap and this is the first time when organizations of such level collaborate to launch an alternative smart contract language. Read more: /GCxTuJGqic- Algorand June 10, 2020 SkyBridge and NAX Announce Groundbreaking Partnership to Accelerate the Growth of Decentralized Applications on Algorand. ICYMI: Today, Algorand & jointly announced an open-source project to support the design & development of the Clarity Smart Contract Language! This collaboration marks a major step toward #blockchain #interoperability. New UNLOX Initiatives to Bring Corporate Value and Millions of Participants to the Frictionless Economy on Algorand.
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