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The 10 Hottest Blockchain Startups of 2018

As enterprises remain bullish on blockchain, CRN looks at the 10 hottest blockchain startups that could disrupt the Internet of Things, cloud storage and more.

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CEO: Steve Kokinos

Algorand aims to upend the blockchain world with a permissionless, pure proof-of-stake protocol that solves blockchain's issues of security, decentralization and scalability.

The Boston-based startup was founded by Turing Award winner Silvio Micali and announced in October that it had raised a $62 million financing round that was backed by a consortium of global investors, including Twitter backer Union Square Ventures.

The company said its blockchain and accompanying cryptocurrency are meant to serve as a foundation for existing businesses and new ventures in a decentralized economy.

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