# Algorand to support bank and insurance guarantees platform in Italy
” Algorand to support bank and insurance guarantees platform in Italy “ Layer-1 blockchain platform Algorand has been chosen as the public blockchain to support an “innovative digital guarantees platform” to be used in Italy’s banking and insurance markets. The Algorand-supported platform is expected to be launched in early 2023. According to Algorand’s Dec. 13 announcement,…