Blockstack has developed a full-stack decentralized computing protocol that enables a new generation of applications where developers and users can interact fairly and securely. This software protocol was developed in an effort to create a user owned internet that returns online data ownership to developers and consumers. Blockstack PBC is funded and backed by more than $75 million from Union Square Ventures, Y Combinator, Lux Capital, Winklevoss Capital, Naval Ravikant, and others. Blockstack software is open source, with a more than 7,000-strong global community.

Algorand and Blockstack are collaborating on an independent, open-source project to support future design and development of the Clarity Smart Contract Language. Clarity is a “decidable” language, meaning developers can know, with mathematical certainty, what a program will and will not do ahead of time. Thus, Clarity has the potential to unlock blockchain-based solutions for large-scale enterprises and governments, which demand a higher level of trust, security, and certainty. The efforts of these two industry leading organizations will pave the way for mature, sophisticated smart contracts that are more safe, secure, and predictable.