During a break at "San Francisco Blockchain Week" conference, our future founder Roman Gromov suddenly got involved in a discussion. In this discussion he was surprised that there was a big gap in the integration of financial systems that service customer debt. Their participants were ready to invest in this development, but the main problems remained - the technology had to be completely secure.

After he came back, Roman opened a start-up in Minsk with his three colleagues that tried to develop the concept of the idea to close that gap. Startup was called AlgoBrains Solutions.

AlgoBrains Solutions successfully presented the first software release of the product named CrediVault based on blockchain technology to his investors.

By this time, the company already had 19 employees who were inspired by the idea and technological advantages of its implementation.

COVID-19 pandemic broke out and we at AlgoBrains Solutions understood that we wanted to be more than an IT company. We desired to contribute something more substantial and meaningful into this world and devise products that are extremely important to people’s lives.

Therefore, AlgoBrains Solutions launched a charity medical project "HistoCloud" (Medical-Data-as-a-Service) that collects data of pathomorphology for fighting against cancer and hereditary diseases.

Our medical solutions were award-winning by the Ministry of Healthcare of the Republic of Belarus, HTP for the best digital products 2020 year in HealthTech and MedTech industries.

Having embarked on our long-term journey into geographical and industrial diversification of the company, we began to integrate all our solutions to such international markets as Azerbaijan, USA and Europe.

AlgoBrains Solutions completes its first quarter having built the foundation for delivering software solutions to more than 17 business partners in 4 countries.