MIT professor debuts high-speed blockchain payments platform Algorand

There’s a gold rush going on as investors rush into cryptocurrency and blockchain investments. Even a professor from the Massachusetts Institute of Technology (MIT) is joining in the party.
Silvio Micali, a Turing award-winning cryptographer and professor of computer science at MIT, has founded Boston-based Algorand to create a scalable, secure, and decentralized digital currency and payments platform. He has raised $4 million in seed funding from Pillar and Union Square Ventures.
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