The layer 1 technology was chosen to provide an Italian network for digital guarantees, which led to a 3% increase in value for Blockchain Protocol Algorand (ALGO) on Tuesday. According to statistics, ALGO was currently trading at about $0.223. Just in: Algorand has been selected to be the public blockchain that will support an innovative digital guarantees platform in Italy. This new Digital Sureties platform is being developed by @Cetif1 and endorsed by @bancaditalia and @ivassocial: https://t.co/EBsOkBEwcb pic.twitter.com/dCFatoYILk — Algorand (@Algorand) December 13, 2022 Algorand Rises as Italy Selected for Digital Guarantees According to a release, Algorand accompanied the Bank The post Algorand Rises as Italy Selects for Digital Guarantees Network appeared first on Cryptoknowmics-Crypto News and Media Platform .