Celo | PositiveBlockchain.io

Short Description

  • An open platform that makes financial tools accessible to anyone with a mobile phone

Long Description

Celo is a proof-of-stake based blockchain with smart contracts. The technology uses a phone number-based identity system with address-based encryption and eigentrust-based reputation. Celo’s stablecoins are stable value currencies, implemented by an algorithmic reserve-backed stabilization mechanism. The first stablecoin, cUSD, is pegged to the US Dollar.

Build on Celo
Celo is a platform that is open and open-source, allowing for an ecosystem of powerful applications built on top, including easier cash transfer programs, peer-to-peer lending, collaborative small-scale insurance, and other digital assets and wallets.

Earn with Celo
Celo increases access by enabling anyone with even a simple Android smartphone to participate and earn Celo for decentralized verifications.

Mobile-First Platform
To create a truly inclusive financial system, we started by building an infrastructure to serve those excluded from the current system. Celo’s protocol includes unique features that create a seamless user experience on mobile phones.

1 Review for Celo

laurencedelisle22

1 Reviews

Very Mission driven team with a big vision

5/ 5

I went to an event they hosted and was so impressed with the caliber of people working on the project and how everything was tied back to their mission.

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Additional Details

  • Creation Year:2017
  • Creation Year:2017
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