How Republic is using Algorand
Republic is leveraging the Algorand platform to enable its low-cost structure and high throughput volumes to power its profit-sharing token, the Republic Note. Additionally, with Algorand’s simplified asset creation, instant financial exchange, and immediate transaction finality, Republic is leveraging technology at the forefront of open financial innovation. Algorand enables the Republic system to satisfy the requests of a regulated security token that trades freely among a great number of investments. Republic is issuing the Note as an Algorand Standard Asset (ASA), giving the Republic Note unique speed, scalability, and interoperablity capabilities it's holders will demand.