Algorand

A distributed ledger is a tamperproof sequence of data that can be publicly accessed and augmented by everyone, without being maintained by a centralized party. Distributed ledgers stand to revolutionize the way a modern society operates. They can secure all kinds of traditional transactions, such as payments, asset transfers and titles, in the exact order in which the transactions occur; and enable totally new transactions, such as cryptocurrencies and smart contracts. They can remove intermediaries and usher in a new paradigm for trust. As currently implemented, however, distributed ledgers scale poorly and cannot achieve their enormous potential.