The Algorand Foundation announced its partnership with Day by Day on Twitter a few hours ago. Day by Day will work with the Algorand Foundation to build a decentralized insurance platform for real-world assets.
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 up by more than 0.5% in the last 24 hours and is trading at $0.9782 at press time.