Boston-based ALGOPAN, INC to establish offices in Cyprus

09:22 - 01 August 2024

Companies

Boston-based ALGOPAN, INC, a dynamic R&D company specialising in highly efficient software solutions, has announced its expansion by establishing a subsidiary in Cyprus.

It said the subsidiary will be up and running in the near future and that the move is part of its strategy to enhance its presence in the wider region and capitalise on new markets and opportunities.

ALGOPAN, INC offers advanced algorithms in cryptographic protocols, random number generators and homomorphic AI for various sectors, including military applications and gambling.

Its journey began in 2019 when inventor Panagiotis Andreadakis identified gaps in computer science and cryptography during his research internship at Harvard, under the supervision of esteemed professor and researcher Dr Evangelos Papadopoulos. Inspired by these findings, Andreadakis found ALGOPAN, INC in 2020, during the pandemic, to address these gaps, resulting in a robust portfolio of patents and productive collaborations.

Since its inception, ALGOPAN, INC has grown into an innovative company with 5 permanent staff members and 28 additional contractors. Its team is dedicated to pioneering solutions that redefine the boundaries of software efficiency and security.

Boston-based ALGOPAN, INC to establish offices in Cyprus

News Feed

Read More