Randlabs Announces Acceptance of Algos as Payment & Ability to Receive Algos as Prepaid Payments

Pablo Yabo
Sep 13 · 1 min read

Randlabs, a blockchain development company building innovative tools on Algorand’s permissionless, pure proof-of-stake protocol today announced they are now accepting the Algo as a form of payment for its services. In addition, Randlabs now receives prepaid and recurring payments for distribution services as a result of Algorand’s unique ability to pre-sign future transactions.

Randlabs is a specialized team of developers focusing on building in the Algorand ecosystem and has also recently released the first web-based wallet of the Algorand network. Details on MyAlgo can be found here.

Randlabs is responsible for the development of AlgoExplorer, which allows anyone to quickly retrieve information on the most common queries regarding the Algorand network, such as the latest transactions, the balance of an account, transaction history log, the data from a certain block, and more.

About Algorand

Founded by cryptography pioneer and Turing award winner Silvio Micali, Algorand is an open-source software company building technical innovation for the borderless economy with a platform that delivers decentralization, scalability, and security. Algorand’s first-of-its-kind, permissionless, pure proof-of-stake protocol supports the scale, open participation, and transaction finality needed by users to build opportunity and fulfill the promise of blockchain technology. For more information, visit https://www.algorand.com/.

Pablo Yabo

Written by

Coding next blockchain technologies at Algo.Capital, Randlabs.io and Coinfabrik