The ten winners of the Algorand Centres of Excellence (ACE) Program were announced by the Algorand Foundation, the carbon-negative Layer 1 blockchain created by MIT professor and Turing Award winner Silvio Micali. The grants total $50M over five years. An international team of 27 experts from various disciplines chose the winners from 77 proposals submitted by more than 550 participants from 46 countries. Introducing #AlgoACE: our $50 million blockchain research program. We're funding 10 schools to grow the Algorand ecosystem and challenge the norm. See how ACE will fuel the future of crypto here: https://t.co/2UeAo8A10C #ShapeTheFuture — Algorand Foundation (@AlgoFoundation) August 4, 2022 Algorand Centres of Excellence The Turing Award laureate and Massachusetts Institute of Technology Professor Silvio Micali’s carbon-negative blockchain, Algorand, was created as part of the ACE Program, an effort of the US-based Algorand Foundation. Dr. Hugo Krawczyk, the chief researcher at the Algorand Foundation and director of the ACE Program, said, “Given the large number of top-notch proposals we received, the selection process was challenging.” As one of ten winners of the Algorand Centres of Excellence (ACE) Program worldwide, researchers from Australia and the Pacific area, led by Monash University, will split US$50 million to advance blockchain technology, education, and innovation. The Turing Award-winning cryptographer Silvio Mi...
