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Author Topic: Celes Chain: an innovative public chain  (Read 120 times)
Celes Chain
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June 26, 2018, 10:17:13 AM
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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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Tazxon
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July 05, 2018, 12:02:41 AM
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Hailed by the media as the "Gold Team" , Distributed Capital Shen Bo, Northern Lights Venture Capital, Star Joint Venture Guo Yuhang joint-invest project CelesChain ! Now begans the first round airdrops!
hoavantathan
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July 05, 2018, 12:11:22 AM
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Can you give me more info? Send me white paper link pls! What makes this different from others? Where do it start?
Celes Chain
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July 06, 2018, 09:47:46 AM
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Can you give me more info? Send me white paper link pls! What makes this different from others? Where do it start?
Of course, this is our white paper
https://dn-release.qbox.me/pdf/Celes-Chain-Business-Plan_en.pdf?v=1530870437672
our advantage is faster speed, higher performance, more fair mechanism
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July 06, 2018, 09:49:30 AM
 #5

I have been paying attention to Celes, an excellent project. I suggest you publish an ANN thread, so more people will pay attention to this project.
This project has maintained an active development, which I am optimistic about. I am also curious about whether there is a bounty thread. Huh

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July 07, 2018, 01:55:33 AM
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Hailed by the media as the "Gold Team" , Distributed Capital Shen Bo, Northern Lights Venture Capital, Star Joint Venture Guo Yuhang joint-invest project CelesChain ! Now begans the first round airdrops!
tedde
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July 07, 2018, 01:56:31 AM
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每次邀请成功能得5个币,但是邀请是没有上限的哦
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July 30, 2018, 11:41:02 AM
 #8

Hi everyone! Just added this incredible ICO to my website   https://findico.io/ico/celes-chain   Findico.io - ICO rating, listing, and calendar with details on top ICOs from various industries. Learn more about ICO funding, whitepaper, dates, teams, and roadmaps.Findico mission is to make it easy for users to find the best ICOs to join. We strive to provide useful and transparent information on ICOs, helping users find projects that have a great potential for success.
bongbong2014
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August 04, 2018, 06:07:20 PM
 #9

Celes Chain’s main goal is to make sure that the financial solution and the supervision at present can be compatible of each other. Hence, this technology also need to increase their quantity and quality by the innovation of Block Chain consensus and automatic contact to get the higher the transparent security with lower cost in the financial organization.

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magisterr
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August 12, 2018, 07:57:14 AM
 #10

If to be honest, I cant understand fully what they want to do. Can anyone explaine me simply? Does they have any competitors already? And they will have own blockchain?

  

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October 03, 2018, 07:44:51 PM
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 #11

ICO Analysis: Celes Chain
Published on October 2, 2018
By Daniel Won
Proof: https://hacked.com/ico-analysis-celes-chain/

Team
CEO Gao Han: Han was the vice-president of Goldman Sachs New York, the president at Sinolink Securities and the head of China clients and marketing services at Hong Kong Exchanges and Clearing Limited.
Chief Scientist Michael Yeung: Before joining Celes Chain, Yeung was the head of global structured solutions at BBVA USA.
Shen Wang: Wang is an attorney at White & Case LLP.
Zuo Tao: Tao has worked at CME Group over four years.

Verdict
Below is a breakdown of the risks and growth potential of Celes Chain.

Risks
    No advisors yet, but given that the team is highly experienced and has worked for the world’s largest companies, a world-class advisory board can be expected. (-1)
    As full token metrics haven’t been released yet, it is hard to estimate the project’s worth in terms of return on investment. (-2)

Growth Potential
    The team has already shown great ambition and determination to go the extra mile. The presence of a virtual machine and a compiler specifically designed for the project’s purposes is sufficient to prove that. (+4)
    Great team. (+2)
    Even if token metrics are not released yet, almost 50,000 people have already joined their Telegram channel, showing some interest from the community. (+2.5)

Disposition
The global financial crisis in 2008 is believed by some to be the primary reason why Satoshi Nakamoto developed Bitcoin (see “Coinbase”). To prevent the financial system’s possible collapse, governments and relevant bodies had to take extreme measures such as following aggressive monetary policies and implementing stricter regulation. It is estimated that over $36 billion and 7.3 million work hours were spent just on the writing of The Dodd-Frank Act. The Celes Chain team thinks that the total cost of a possible financial crisis can be minimized by the use of a blockchain specifically designed for governments and regulatory bodies. The role of “super regulators” is designed to have access to all levels and data stored, so that they have the required control over the chain and can take any measure or step they would like to. An innovative consensus algorithm named Delegated Proof of Work, DPoW is implemented to find the optimal balance between decentralization and efficiency, so the platform can work in near
or actual real-time. As token metrics are not released yet, it is hard to have a fair guess on any return on investment, yet the presence of a detailed technical paper is sufficient to estimate the project’s worth. The ambitious and determined team is willing to go the extra mile in order to meet their goals and the presence of a language, a virtual machine, and a compiler, all specifically designed for the project’s purposes proves that. High community interest on social media is also apparent. Celes Chain receives a 5.5/10.

Investment Details
    Type: ERC20 – Utility
    Symbol: CCHN
    Platform: Ethereum
    Crowdsale: Unspecified
    Minimum Investment: Unspecified
    Price: Unspecified
    Hard Cap: 35,000 ETH
    Payments Accepted: Unspecified
    Restricted from Participating: Unspecified

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