[PRESS RELEASE – BVI, September 22, 2021] Blockchain platform Xfinite has announced its collaboration with Algorand Foundation, to build trust with public and permissionless infrastructure for a borderless economy. Xfinite and Algorand Foundation both have the mission of building an inclusive ecosystem, improving the way people interact with blockchain solutions.
Algorand Foundation aims to enhance blockchain development by leveraging its protocol and open-source software to reduce the barriers to blockchain adoption. Algorand’s technology gives everyone the opportunity to benefit from a scalable, fast, and trustworthy ecosystem combining a strong collaborative community with technology companies, developers, and users of the platform. Its consensus mechanism is pure proof-of-stake (PPOS), bringing even more security, speed, and sustainability to online transactions. Algorand is a world leader in carbon-negative technology. It also allows users to make payments at lower fees in a

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