What is Catena?
Catena is a distributed trading platform that leverages the groundbreaking ability of blockchain technology to transform the global trading economy. In the last three decades, world trade has increased significantly both in terms of volume and turnover. Although the living conditions of many people are alleviated, the sector still faces challenges that hinder the realization of its full potential. These are the problems that the Catena exchange wants to solve.
Catena's leadership team consists of experienced professionals with extensive experience in trading, manufacturing, technology, quality control and so on.
Market Overview
Over the years, trade has contributed significantly to the growth and development of most economies worldwide. Since 2006, global commodity 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.
Problems that Catena seeks to solve
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.
The Catena DEX & COMAI Order Matching AI Solution
First, the Catena trading platform will try to remove the barriers to entry and tackle world trade problems. After providing a platform for small and medium-sized businesses, Catena will focus on delivering powerful tools to facilitate the growth of the global trading market. While the architecture of the platform is mainly based on distributed ledger technology, it also includes aspects of artificial intelligence.
Of course, decentralized exchanges are difficult to identify due to their complexity. Nevertheless, the biggest advantage of such platforms is their independence, as they do not need a third party service to finance investors. Instead, transactions are mediated directly between users denouncing the Catena platform. This, coupled with the immutability of Blockchain, makes transactions transparent and immune to fraud.
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 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
Conclusion
Catena offers a compromised solution to all the constraints of decentralized exchange, Catena has a very good order book, linked to various exchanges and put it on a decentralized platform, plus it has the order AI that makes it very easy and to act efficiently and to have enhanced functions as a normal centralized exchange, but at the same time to provide the basis and all the benefits of decentralized exchange.
Links:
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/
Username : Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066
ETH : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576