Press release

Algorand Foundation Announces Research Leadership

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Algorand Foundation
today announced the appointment of Dr. Tal Rabin
as the head of research. Named on Forbes World Top 50 Women in Tech 2018
and a member of the National Academy of Arts and Sciences, Dr. Tal Rabin
has spent decades pioneering research on cryptographic theory. Dr. Rabin
will bring her wealth of experience, specifically around multiparty
computations and the design of efficient and provably secure
cryptographic protocols, to her work at the foundation.

With core beliefs in the establishment of an open, public and
permissionless blockchain, the Algorand Foundation has a vision for an
inclusive ecosystem that provides an opportunity for everyone to harness
the potential of an equitable and truly borderless economy. With the
appointment of Dr. Tal Rabin as the head of research, the foundation is
poised to make that vision a reality with broad participation and a
focus on cutting-edge research and innovation.

A first-of-its-kind permissionless, pure proof-of-stake blockchain, the
Algorand protocol was designed by MIT professor, cryptography pioneer
and Turing Award-winner Silvio Micali to support the scale, open
participation, and transaction finality needed by users to build
opportunity and fulfill the promise of blockchain technology. The
Algorand Foundation directs its global efforts from Singapore and is
focused on building technology and community around decentralized
networks. The foundation, along with the Algorand community, will help
launch the Algorand blockchain network while also assisting with
research efforts, collaborative roadmap development, and continued
growth of the global community.

“Given Dr. Rabin’s experience and academic accomplishments, the Algorand
Foundation will be able to take a leadership role in research related to
fair access, social justice for all, as well as zero knowledge and
secure computation,” said Silvio Micali, founder of Algorand, Inc. “Tal
brings tremendous energy to these issues, and I have always admired her
passion for philanthropic efforts enabled by technology and innovation,
particularly when it comes to her unwavering commitment to gender
equality. I am thrilled she has agreed to join the Algorand community.”

“I’ve always believed in the concept of making our world a fairer place,
and I trust the Algorand blockchain can create the economic opportunity
needed to make that world a reality,” said Rabin. “Our work at the
Algorand Foundation will ensure that equitable access to opportunity
through decentralized technologies exists, transactions flow freely and
everyone has control over their data. I’m excited to start working
toward that goal with the accomplished team at the Algorand Foundation.”

In the coming weeks, the Algorand Foundation will share more details
about the public network, including the distribution of Algos – the
official native token of the Algorand protocol – as well as information
about grants for research and development, growth, and economic guidance.

About Algorand Foundation

The Algorand Foundation is providing the trusted infrastructure needed
to support the growth of the borderless economy. With research led by
Dr. Tal Rabin, a 2018 Forbes World Top 50 Women in Tech, the Algorand
Foundation is incorporated in the Republic of Singapore.

For more information, visit