Algorand, created by Silvio Micali, is a distinctive blockchain protocol that tackles the primary hurdles faced by current blockchain networks: security, scalability, and decentralization. It introduces Pure Proof-of-Stake (PPoS), a consensus protocol that is highly efficient, secure, and eco-friendly, significantly minimizing energy consumption compared to Proof-of-Work systems.

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The Indian Rupee (INR) is the official currency of India, issued by the Reserve Bank of India (RBI). As one of the fastest-growing economies, India's currency is essential for trade and remittances. While crypto trading in INR is regulated, stablecoins pegged to the rupee are emerging, offering digital asset users a way to transact with INR in the blockchain ecosystem.