Catena Decentralized Trading Platform

in #catena8 years ago

What Is Catena?

Catena is a decentralized trading platform that leverages the disruptive capability of blockchain technology to transform the global trade economy. Over the last three decades, global trade has significantly increased, both in volume and revenue. Despite alleviating the living conditions of many, the sector is still faced with challenges that inhibit the realization of its full potential. These are the issues that the Catena exchange intends to solve.

The Catena executive team is made of seasoned professionals with vast experience in trading, manufacturing, technology, quality inspection and so on.


Vision:

To be the largest trusted platform for global and domestic trades, and the first choice for all business transaction across the globe.

Mission:

Empowering every business with a strong platform and powerful tools fo r growing their market reach and secure their business activities, while opening the door to limitless opportunities for small and medium enterprises, through transparency of market parameters and low entry barriers to compete, enabling a growing and prosp erous trade economy.

The Project:

Catena tends to apply revolutionary technologies and algorithms utilizing the blockchain technology, in order to build a robust platform that would disrupt and ultimately change how the trade economy performs.

Catena is a decentralized trading platform and exchange built mainly on the Blockchain technology and introducing new algorithms and AI protocols to boost the trade economy.

Catena Decentralization and Technology

Catena Architecture:

The Order Matching AI built solely for Catena decentralized platform empowers the ETP (efficient trading Platform) with a significant increase in the number of successful transactions, if a customer is looking or a seller/buyer and depends solely on search engine keywords and matching it, then the efficiency of such platform decreases drastically, while adding to this all other barriers, trading becomes a real challenge even in a global connected world right now.

Catena order matching AI and the ETP provides a resilient solution for a fast growing trading economy, it assures the entrance of new market makers/traders and secures the business opportunities for all participants in a business transaction.

Efficient trading Platform (ETP)

ETP (Efficient Trade Platform) is developed to harness the blockchain technology benefits to serve the global trade growth and overcome its main challenges, ETP is a platform that can govern every aspect of a trade between buyer and seller from matching the order up-to executing it and securing all the parameters related to it, the platform comes from a hands on experience of the developing team, to provide smooth yet powerful trade platform that can cater to different products a n d services from cryptocurrency, digital assets , to commodities , and global trading.

ETP features include:

  • Impossibility of counterfeit
  • Disintermediation and ease of transfer
  • Transparency and ease of auditing
  • Fast and resilient way of matching buy er and seller orders
  • Decentralization
  • Efficient order execution with alignment to smart contract
  • All in one smart contract engaging all parties related to a trade

ETP is a set of smart contracts that understands the requirements for each trade as set by t he buyer/seller and matches them in accordance, it opens the opportunity of having different buyers and sellers on the same order/contract, as it can match a seller order of a big MOQ (minimum order quantity) with multiple buyers and solve different supply chain parameters based on the pre-registered requirements, engaging different delivery options, if required, to build one single executable contract that can bring this trade to success.

The users or the clients don’t need any coding experience, yet it is just an interface to choose and allocate certain requirements of a deal, and Catena will do the rest.

The possibility of matching different buyers and sellers, in a single contract, creates a robust economy and eliminates many barriers and boundaries with limitations on quantities, delivery time, shipping instructions, and also empowers small traders, market makers, and service providers to have a resilient business transaction.

Having a wide spread platform that enables assets digitization, will help increase the trade of different assets across the globe, so you can own a property in China while you have never been there, and also trade in it even by small portion of the main value, while all this can be traced and audited through ETP, this will increase the trading/investing activity on the exchange and lay the foundation for an advanced trading economy, where anyone can become an buyer/seller or a trader.

Catena Order Matching AI (COMAI)

The Order Matching AI executes a strategic algorithm using mathematical modeling of the game theory in order to allocate the best routes on the exchange, to perform the ideal business transaction, this is not a typical search engine for buyers and sellers to find each other rather than a scientifically rooted guidance for all parties in a business deal to find the optimum solution for a win -win situation looking for a repeated business in the future.

Catena order matching AI (COMAI) applies for trading any product, from cryptocurrencies to commodities like cotton, oil, or gold, same algorithms applies finding better deals and opportunities for our clients, this is a revolutionary technology that would put Catena ahead of all exchanges and trading platforms, where traders would use Catena primarily to find the ultimate deal and the most smooth transaction.

Given a complicated real-life problem, analysis begins by simplifying the problem to the bare essentials:

a) Propose axioms and principles

b) Reduce the dimensionality (n -player to 2-player)

c) Reduce the available strategies

Where the following rules for matches yield rational, stable, and predictable behaviors and outcomes:

• Rule (1): All players are supposed to pursue the maximum gains on the basis of the same predefined payoff table.

• Rule (2): Whenever the first player initiates a move in a specific set of matches, the remaining moves (actions) of all players in the set of matches are determined according to Rule (a).

• Rule (3): Each match preset in the payoff table may only be used once in the set of matches.

Market Overview

Over the years, trade has been a significant contributor to the growth and development of most economies worldwide. Since 2006, global merchandise exports have soared by over 32%, exceeding the $16 trillion mark last year. Similarly, commercial services exports have grown by a massive 64%, hitting the $4.8 trillion mark.


Precisely, the enormous increase in global merchandise trading has been heavily influenced by manufactured goods and agricultural products. Catena believes that the introduction of new technologies will further spur this development.

Problems Catena Seeks To Solve

The most significant challenge in this sector is the high prevalence of fraud. Currently. Fraud accounts to an annual loss of $4 trillion, mainly due to the vulnerability of the existing infrastructure. As a result, affected institutions are often forced into declaring bankruptcy, or in severe cases, shutting down entirely. Usually, most fraudsters create open accounts, buy goods and services, but abscond from making payments.

Besides fraud, the trading industry is also inconvenienced by problems in the supply chain. Such problems include unfavorable regulations, corruption, poor transport infrastructure, delayed deliveries, and so on.

The Catena DEX & COMAI Order Matching AI Solution

Firstly, the Catena trading platform will seek to eliminate the entry barriers and tackle the problems facing global trade. After providing a platform with small and medium-sized enterprises, Catena will shift focus to the provision of powerful instruments to facilitate the growth of the global trading market. While the platform’s architecture is mainly based on distributed ledger technology, it also incorporates aspects of Artificial Intelligence.

Naturally, decentralized exchanges are difficult to establish due to their complexity. Nonetheless, the most notable advantage of such platforms is their independence, as they do not require a third-party service to hold investor funds. Instead, trades are facilitated directly between users suing the Catena platform. This, coupled with the immutability of the blockchain, makes transactions transparent and immune to fraud.

Token sale

The CATENA token is an ERC20 compatible on the Ethereum blockchain, distributed by Catena during the stages of token sale. The CATENA token is a utility coin that will be essential for the system to function as it acts as the activation key for any smart contract to function, and will be used in all trading transactions empowered by Catena .

For any transaction to take place on Catena Platform, and in order to make this transaction processed, the owners of the transactions pays a fee to Catena which will be a percentage of the total value of the transaction/smart contract, this fee is paid to Catena only in CATENA tokens.

As, we want to facilitate the global and domestic trading, the scope and usage of CATENA token and its wallet puts forward its wide range of utility, so that people can use them on regular basis, everyday.

Catena will issue 250 Million tokens and will not issue anymore in future.

Token Buyers will have the option to receive CATENA token in their token wallet as soon as the token sale is finis hed. Whenever Catena decides to use another blockchain protocol, the issued ERC20 tokens will be accepted to be exchanged 1-to -1.

Token Price and Token sale dates

Token price is set at 0.1 USD/Token, our token sale starting date will be announced on our website and different social media channels . Token Sale cap is allocated at 10 Million USD.

The Token Sale Stages and bonus scheme:

 Token Distribution

  • 58% – ICO
  • 2% – ICO partners
  • 15% – team
  • 3% – early contributors and advisors
  • 20% – resolution center
  • 2% – bounty

Distribution Of Funds

  • 13.3% – system development
  • 37.6% – exchange platform
  • 24.7% – barter ecosystem
  • 13% – operation cots
  • 6% – contingency and resolution center

Catena will be using an escrow service for the control and audit of funds transaction, in addition to the regular internal audits by Catena team, this means that all payments received for CATENA tokens in connection with the CATENA token sale will be held in escrow in a multi -signature wallet. Keys will stay with the Catena core team and internal audit team.

Core Team and Organization structure

Roadmap



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