Why You Should Care About the Decentralized Computing Movement

Why You Should Care About the Decentralized Computing Movement

Thursday, July 18, 2024 12:10 PM to 12:40 PM · 30 min. (Europe/Vienna)
Mainstage
Talk
Main Stage

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Decentralized computing systems are often treated as novel, but in reality it has taken 40+ years and dozens of cryptographic innovations to get to where we are today. The latest generation of blockchains are being taken seriously–and utilized–by top global financial institutions, tech companies, consumer brands... and of course, by entrepreneurs and investors. Leave this session with a deeper understanding of how decentralized computing networks operate, what they enable, and why now is the time for every developer to turn a serious eye toward learning how to program on them. (Hint: it's easier than ever before, with the native integration of languages like Python, TypeScript, and more.)
Algorand2_41Algorand is an energy-efficient, quantum-secure, layer-1 blockchain with instant finality, consistently high throughput, and low fees. Founded by Turing Award-winning cryptographer Silvio Micali in 2019, Algorand has grown into a vibrant ecosystem of developers, entrepreneurs, and enterprise partners that benefit from institutional-grade certainty and resilience, while features like low fees, instant finality, and a minimal carbon footprint also appeal to the protocol's millions of retail users. Builders of all kinds can use common programming languages like Python to develop advanced apps and protocols that solve important problems at a global scale: instant payments in war and disaster zones, self-sovereign identity for the disenfranchised, supply-chain traceability for global commerce, permissionless protocols addressing financial inclusion, and the creation of entirely new markets through tokenization, to name a few. The Algorand Foundation supports Algorand's rapidly growing ecosystem by providing a best-in-class developer environment, supporting key infrastructure and setting technical standards, offering comprehensive support to builders and entrepreneurs, and providing the infrastructure for decentralized governance. To learn more and start your journey on Algorand, visit algorand.co

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