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Algorand will accompany the Vision Virgin racing team to the 26TH United Nations Climate Change Conference

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Algorand has teamed up with Envision Virgin Racing, the formula E green Racing team, to empower the next generation of blockchain adoption and innovation.

The original title: "lock the | Algorand will vary depending on the vision of the virgin team, at the 26th the UN conference on climate change"

Author: Algorand Foundation

On 28 October, Vision Virgin racing announced a new long-term partnership with the Algorand Foundation as a platinum partner for the team.

Through the Algorand agreement and the power of its ecology, the Algorand Foundation is committed to realizing the promise of global coverage of blockchain technology, giving everyone the opportunity to benefit from a fair and truly borderless digital economy. At the same time, such a digital economy is also built on a negative carbon network and contributes to the sustainable development of the planet.

Like Vision Racing, the Algorand Foundation is committed to a sustainable future built on cutting-edge innovation and high performance. In order to achieve this commitment, Algorand has also developed a tough and reliable quality in the competition.

Through this collaboration, the Algorand Foundation is a partner in the team's innovative Race Against Climate Change sustainability programme, which aims to step up the fight Against Climate Change and accelerate progress towards zero-emission vehicles.The Vision Team will also work with the Algorand Foundation to enhance Algorand community initiatives, such as supporting the Foundation's developer and innovator community events.

Franz Jung, president of Vision Virgin Racing Team Commenting on the announcement, it said: "At the heart of our fleet's existence is the pursuit of sustainability and the solution to the climate crisis through the deployment and adoption of innovative technologies.It's a pleasure to work with the Algorand Foundation. While blockchain technology opens up many new opportunities for us and other organizations, Algorand's technology is unique in giving us the opportunity to deploy blockchain in the most environmentally friendly way possible."

Sean Lee, CEO of Algorand Foundation Added:"The mission of the Algorand Foundation is to make Algorand and its rapidly evolving ecology accessible to more people. To this end, we have been seeking to establish global partnerships and expand our influence through cooperation platforms. This platform not only delivers the blood and passion of competitive sports, but also resonates with the sustainability values that are key to Algorand ecology. It is a pleasure to work with The Vision team. We have achieved more than one plus one in many ways."

Lee also said,Since its inception, Algorand has aimed to reduce its carbon and energy footprint as much as possible. We provide a unique sustainable blockchain platform that enables innovators around the world to create technologies with sustainability at their core. Let's work together to help each other achieve our mission to prove that sustainable, climate-friendly innovation is the best way to build the technologies and economies of the future."

Vision is owned by the Envision Group, the world's leading green technology company. As one of the founding teams of the FIA Formula E World Championship, Vision has an impressive track record both on and off the field.In addition to winning 11 races and 33 podiums in 84 races, Vision is the first Formula E team to achieve carbon neutral certification (PAS 2060). It is one of the few teams to receive the FIA's three-star sustainability certification and the only one to support the UK government's Together For Our Planet programme and the 2021 United Nations Climate Change Conference (COP26).

The vision team's new livery for season 8, with the Algorand Foundation logo, will make its debut at the UN COP26 global Climate conference.The Vision Team cars will be on display at the Green Zone at COP26 from Monday 1 to Friday 12 November.

About the Vision Team

Formula E team Vision is part of the Vision Group, the world's leading zero-carbon technology company. It is one of the founding teams of ABB FIA Formula E World Championship and one of the most successful teams.

Vision is goal-oriented and sustainability is in the DNA of the team, parent company and partners. Our Race Against Climate Change environmental programme highlights this. Described as the "Leading green Team in Formula E", The Vision Team has been certified as carbon neutral, the first team to sign the UN Framework Convention on Climate Change (UNFCCC) Sport for Climate Action framework and one of the few teams to receive the FIA three-star sustainability certification. Vision is also a partner in November's biggest climate event, the United Nations COP26 Together For Our Planet summit in the UK.

On the track, Vision remains one of the most successful teams of all time, winning 11 races and 33 podiums, making it the only team to win a race in every season.

Learn more about the Vision Team:https://envisionvirginracing.com/

About Algorand Foundation

The Algorand Foundation uses the Algorand protocol and open source software, originally designed by Silvio Micali and a team of brilliant scientists, to fulfill the promise of bringing blockchain technology to the world.

The Algorand Foundation's core philosophy is to build an open, public, permissive blockchain. Its vision is to build an inclusive ecosystem where everyone has the opportunity to benefit from a fair and truly borderless digital economy on the Algorand chain.

For more information, please visit:https://algorand.foundation