Celes Chain
Website:
Status:
Announced pre-sale
Token:
CCHN
Start:
20-11-2018
End:

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Celes Chain 26 Jun 2018 10:17

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Celes Chain

An innovative public chain driven by financial services/applications and providing access for regulators and policy makers.



INFO







The Wallstreet has been leading the financial innovations since year 2000. However, such innovations usually come with high leverages and complexity. A global financial crisis breaking up in 2008, eventually destroys the confidences of the system and people using the system. Celes Chain is a decentralized blockchain platform that provides the underlying IT services for a variety of financial applications.

We use innovative consensus algorithms that can be truly decentralized with efficiency. Celes Chain is designed to provide a full range of supports for efficient regulatory and compliance with local regulators. Regulators, financial institutions and end users will voluntarily choose Celes Chain because of cost and efficiency considerations.

One typical application  of Celes Chain is that, existing crypto exchanges can easily develop exchanges on Celes Chain with  legal and compliance services provided. Such crypto exchanges run as DApps and powered by Celes Chain, serving for end users

Celes Chain is an innovative public chain driven by financial services/applications and providing access for regulators and policy makers. Regulators are "super administrators" on the chain and regulate Celes Chain and their applications in all dimensions. In addition, Celes Chain reduce the cost and improve the efficiency of regulations. Therefore, it rebuilds the competition of market and the confidence of end users to financial institutions, and most beneficial to massive customers.




What is Celes Chain?



Celes Chain is an innovative public chain driven by financial services/applications and providing access for regulators and policy makers. Regulators are "super administrators" on the chain and regulate Celes Chain and their applications in all dimensions. In addition, Celes Chain reduce the cost and improve the efficiency of regulations. Therefore, it rebuilds the competition of market and the confidence of institutions.

Financial institutions reducing cost and increase the return of shareholders. End users have much better services.

Celes Chain, equipped with decentralized methodology and support various financial applications including but not limited to: market data and information, financial services, cross-border tradings, regulation technology of investment banks and commercial banks.




The Framework of Celes Chain



The user groups of Celes Chain includes:financial institutions, regulators and users.

 
Financial institutionsThey implement the business logic on the Celes Chain. They also develop applications and provide services for users. They have the ownership of their business logic / applications and are responsible for the data security.


Regulators: Regulatory compliance agencies and qualified Celes Chain network regulators are primarily responsible for reviewing the services whether they are in compliance with the regulations. The regulators have greater power than the other participants. In other words, the regulators are "super administrators" that regulate Celes Chain and their applications in all dimensions.


UsersBasic units or individuals that use application services on Celes Chain; And network nodes that maintain the underlying consensus and operations.

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Information

Celes Chain is an innovative public chain driven by financial services/applications and providing access for regulators and policy makers. Regulators are "super administrators" on the chain and regulate Celes Chain and their applications in all dimensions. In addition, Celes Chain reduce the cost and improve the efficiency of regulations. Therefore, it rebuilds the competition of market and the confidence of institutions. Celes Chain smart script language, CSSL, is used to develop the business logic of CC, including services such as code, applications, smart contracts, and settlements. The features - including Turing complete, assessment of consumption, automatic execution, compatible with legal compliance, easy-to-use and privacy protection and so on – supports our ultimate goal: “Code is law”. Celes Chain has the compiler specifically designed for translating business logics to legal documents. We set regulators as the special users with maximum access to all levels, all data.

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