Beam is a privacy-focused cryptocurrency that aims to create a genuinely confidential digital currency without compromising usability. Its transactions are private by default, and no identity-related information or addresses are recorded on the blockchain. It was created by a team of world-class developers who built the first version of the Beam blockchain in just nine months. Beam is deflationary, uses a Proof-of-Work consensus algorithm, and offers several features such as Atomic Swaps, Direct Payment Channels, Confidential Assets, Decentralized Apps, and Smart Contracts. Beam wallets also have a built-in Dapp store.