The Algorand Foundation and the Singapore Blockchain Association have entered into a strategic partnership to develop the blockchain industry in Singapore and Southeast Asia.
As part of the partnership, organizations will make every effort to promote the blockchain, its applicability in everyday life. Of course, first of all, we are talking about increasing the popularity of a certain network, that is, Algorand.
“Our goal is to create new and innovative experiences, develop talent in new markets and work closely with the ecosystem as a whole. We do this through grants, education programs and accelerators. We believe that the future belongs to the blockchain and are fully committed to its development, we are doing everything in our power “, –
stated Jason Lee, COO of the Algorand Foundation.
The COO Algorand Foundation also said that the organization plans to expand its presence in Singapore and recruit new employees. Jobs open for developers and engineers as well as middle managers.
At the end of September, the Algorand project introduced the AVM virtual machine, which allows increasing the scalability of decentralized applications and significantly accelerating the confirmation of transactions.
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