Aleo

Aleo

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What is Aleo?

Founded 2020

Aleo is a developer platform for building fully private, scalable and cost-effective applications. Using zero-knowledge cryptography, Aleo moves smart contract execution off-chain to enable a diverse range of decentralized applications that are both entirely private and can scale to thousands of transactions per second. Built on an open, public blockchain, Aleo brings the flexibility of Ethereum but with a more scalable architecture in which miners don’t need to re-run every transaction, but simply verify their correctness.

Daniel Jacobs, founder at Kora Management, said in a statement: The two biggest challenges in the blockchain space are privacy and scalability. Aleo is building a foundational layer that addresses both, which we believe will help to catalyze and grow the next generation of truly mass-market use cases in blockchain, from gaming to DeFi and beyond.”

Contact: [email protected] 300 E. 2nd Street, Suite 1510 Reno, NV, 89501 (775) 501-6818

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