CATENA DECENTRALIZED EXCHANGE
Catena has a tendency to apply progressive advances and calculations utilizing the blockchain innovation, so as to build a vigorous stage that would disturb and eventually change how the exchange economy performs.
Catena is a decentralized trading platform and exchange fabricated mainly on the Blockchain technology and presenting new algorithms and AI protocols to support the trade economy.
Catena Architecture:
The Order Matching AI fabricated 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 at the present time.
Over the years, trade has contributed significantly to the growth and development of most economies worldwide. Since 2006, global goods exports have risen by more than 32%, surpassing the $ 16 trillion mark last year. Similarly, commercial services exports grew by a massive 64% to reach $ 4.8 trillion.
The huge increase in global merchandise trade was strongly influenced by finished goods and agricultural products. Catena believes that the introduction of new technologies will further this development.
What CATENA is set to do:
The biggest challenge in this sector is the high prevalence of fraud. For now. Fraud causes an annual loss of $ 4 trillion, mainly due to the vulnerability of the existing infrastructure. As a result, affected institutions are often forced to declare bankruptcy or, in severe cases, shut down entirely. Usually, most scammers create open accounts, buy goods and services, but are spared of making payments.
In addition to fraud, the retail industry is also bothered by problems in the supply chain. These issues include unfavorable regulations, corruption, poor transport infrastructure, delayed deliveries and so on.
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 purchase 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 an arrangement of savvy gets that comprehends the prerequisites for each exchange as set by t he purchaser/dealer and matches them in agreement, it opens the possibility of having diverse purchasers and venders on a similar request/contract, as it can coordinate a merchant request of a noteworthy MOQ (minimum request amount) with various purchasers and explain distinctive stock system parameters in view of the pre-enrolled necessities, drawing in various conveyance alternatives, if required, to manufacture one single executable get that can pass on this exchange to progress.
The users or the clients don't need any coding experience, yet it is only an interface to choose and allocate certain requirements of a deal, and Catena will wrap up.
The probability of coordinating distinctive purchasers and vendors, in a solitary contract, makes a powerful economy and dispenses with numerous obstructions and limits with impediments on amounts, conveyance time, shipping guidelines, and furthermore engages little dealers, showcase producers, and specialist organizations to have a versatile business exchange.
Catena Token ICO Details
Catena will make a symbolic sale to raise funds for the execution of this project. The catena token is an ERC20 standard token based on the Ethereum Blockchain. The total supply is limited to 250 million, and there will never be more coins minted. In particular, the catena token will be the only acceptable currency in the catena ecosystem.
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.
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.
Token distribution
58% – ICO
2% – ICO partner
15% – Team
3% – early contributors and consultants
20% – resolution center
2% – bounty
Distribution of funds
13.3% – system development
37.6% – exchange platform
24.7% – exchange ecosystem
13% – operating beds
6% – contingency and processing center
More Information:
Website: https://www.catenaex.com/
TokenSale: https://tokensale.catenaex.com
Whitepaper: https://s3-ap-southeast-1.amazonaws.com/whitepaper1/White+Paper.pdf
Telegram: https://t.me/CatenaChat
Twitter: https://twitter.com/CATENA_Exchange
Facebook: https://www.facebook.com/CatenaExchangePlatform/
Reddit: https://www.reddit.com/r/
Linkedin: https://www.linkedin.com/company/catena-decentralized-trading-platform/
Medium: https://medium.com/@communitycatena
Steemit: https://steemit.com/
Authored by tohmie: https://bitcointalk.org/index.php?action=profile;u=2159221