Abstract
We cannot deny the endless possibilities surrounding the global trading industry. This was clearly evident in the year 2014 when a global sales of $1.3trillion was recorded in this industry and even at this, there has been predictions from experts that this industry will record an increase of more than double of its value by the year 2020.
That being said, we are also aware that most global industries have started recording massive technological advancements via the adoption of blockchain technology, but its such a pity that even-though we have some blockchain projects that offers blockchain technological solutions to this industry global trading industry), most of them refuse to deliver the perfect solution needed by this ndustry in order to make it progress tremendously.
Also, another issue worthy of talking about is the complications of this industry by the government as they only focus mainly on problems associated with tariffs in this industry rather than providing solutions to other problems such as fraud and other problems associated with the global supply chain which is growing at a very alarming rate.
The good news is that there’s a new platform called Catena that has taken it upon itself to find an end to all these problems being experienced in the global trading industry via the blockchain technology in a unique way which is far better than other blockchain projects of the same nature.
But before I dive in proper into the review of this platform, I will like to quickly remind us of the attributes of the blockchain technology. This technology cannot be underestimated in this present age because not only does it offer improved security to most platforms, its decentralization and transparency property is second to none. The most important is the improvement in the medium of transactions via cryptocurrencies which is far better than fiat currencies. This is the sole reason behind the adoption of this technology by the new Catenaplatform.
The Solution: Catena Platform
Catena is a decentralized blockchain based platform that offers a complete solution to trust issues and also provide a neutral platform for all trading parties in which both parties can safely come to a mutual agreement on the terms and conditions for payment shipping, product qualities and parameters among others. Here on this platform, every activity is decentralized which means trading activity takes place directly in between traders without a third party to hold traders funds.
On this platform, there shall be other benefits to be enjoyed by the users such as;
- Implementation of a Barter ecosystem
- Integration of ETP and COMAI to the launched cryptocurrency exchange in order to improve trading experience
- Launch of a decentralized cryptocurrency exchange in order to boost up the platform launch and
- Introduction of trading of community, products and services.
Listed below are the features of the Catena decentralized platform;
- Extremely user friendly interface with utmost simplicity without any complication
- Highly secured platform with no downtime
- Order matching AI with a powerful order book
- Supports fiat currency
- No trading limits because exchange doesn’t hold traders funds
- Complete control of funds by users.
Catena Order Matching AI (COMAI)
This is a technology that is used to execute strategic algorithm through the use of mathematical modelling of game theory to allocate the best routes on the exchange and also to perform ideal business transaction. On this platform, it shall be used for trading any product which ranges from cryptocurrencies to other commodities.
Efficient Trading Platform (ETP)
This allows Catena platform users to choose and allocate certain deal requirements without any trading experience while the platform does the rest of the work.
It has awesome features such as; efficient order execution with alignment to smart contract, disintermediation and ease of transfer, transparency and ease of auditing, Impossibility of counterfeit, fast and resilient way of matching buyer and seller orders, decentralization and all in one smart contract engaging all parties related to a trade.
About Catena Token Sales
Catena token is the native token of Catena platform and its holders on the platform shall have some rights such as transaction initiation and getting trade permissions.
It’s an Erc-20 with a set price of $0.1 which will be distributed during the token sale. The total supply of this token is 250million and buyers of the tokens will receive Catena tokens in their wallet after the token sale.
In conclusion, with the help of catena order matching artificial intelligence (COMAI) and efficient trade platform, and availability of essential trading tools, then Catena will surely record a high level of success better than its other similar blockchain projects counterparts which indeed makes it a very good project to invest on.
To get more insights about this platform and all of it features or t connect with the team, kindly check the links below;
Website
TokenSale
Whitepaper
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