Representation of information by means of hypercomplex numerical systems is used in various problems of science and technology: in classical mechanics, solid body mechanics, electrodynamics, radio electronics, computer animation, and others [1]. Often a hypercomplex system (that is, a system whose elements are considered to be hypercomplex numbers) is understood as any finite-dimensional algebra over a field. An important place among such algebraic structures is occupied by matrix algebras. The impossibility of constructing algebras with division does not at all mean the impossibility of constructing algebras without division, but their properties are close to the first ones (use of defined division). Since each algebra of finite rank can be monomorphically immersed in some complete matrix algebra, this caused, so to speak, an inverse approach to the construction of new algebras. A certain subalgebra stands out from a complete matrix algebra, which is a matrix representation of an algebra of finite rank. It is the implementation of such an approach that makes it possible to endow elements of algebra of finite rank with matrix characteristics, in particular, a canonical representation of algebra elements is constructed through the spectral representation of a matrix, and the algebra itself is endowed with a topological structure through one of the matrix norms. At the same time, an additional condition is often imposed, that it be an algebra over the field of real or complex numbers. The article constructs a real algebra of finite rank, the elements of which are matrices of the second order with the same sum of rows and columns. We endowed it with a norm and a scalar product, demonstrating that it is a Euclidean space. This algebra is a matrix representation of the algebra of hypercomplex numbers, which we called binary in our research [4].