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Algorand Foundation Welcomes APAS To Its Ecosystem

Twitter icon  •  Published 3 years ago on April 22, 2022  •  Hassan Maishera

In a blog post on Thursday, the Algorand Foundation welcomed APAS to its ecosystem after issuing the project a grant award.

Algorand Foundation Welcomes APAS To Its Ecosystem

In a blog post on Thursday, the Algorand Foundation welcomed APAS to its ecosystem after issuing the project a grant award. According to the Algorand Foundation, APAS will digitize the watershed in the United States by developing a decentralized approach on the Algorand blockchain to monitor the USA watershed’s water quality using sensor technology.

Algorand is an open-source, permissionless, Pure Proof-of-Stake (PPoS) blockchain protocol for “the next generation of financial products”. As such, Algorand ensures "full participation, protection and speed within a truly decentralized network".

ALGO is trading at $0.7241 at press time, down by more than 3% in the last 24 hours.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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