Blockchain startup Algorand is linking up with e-money services company Monerium, the two companies announced Monday. Monerium – which obtained an e-license money from regulators in Iceland last summer – will support Algorand’s proof-of-stake blockchain through its e-money initiatives. Monerium’s e-money projects are focused on EU member states, Iceland, Norway and Liechtenstein with digital cash […] The post Monerium to issue e-money on Algorand’s proof-of-stake blockchain protocol appeared first on The Block.
Thursday's Algorand 2.0 upgrade adds decentralized finance (DeFi) features and smart contracts to the $108 million blockchain.
A sharia certification could open up the platform to a global network of observant Islamic investors estimated to be worth more than $70 billion.
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