This article is a complete guide on Celo blockchain (CELO). The Decentralized Finance (DeFi) domain has been all over in the news for the last two years and touched an evaluated value of more than USD 11 Billion LOCKED in the DeFi lending market alone. The Celo could be one of the profitable projects. Is CELO blockchain the hidden blockchain for corporates and 10x profitable for investors? Let’s take a look at this in more detail.
What Is Celo Blockchain(CELO)?
Two of the most significant obstacles to the large-scale adoption of cryptocurrencies as a tool of payment are ease of use and buying-power volatility. Celo is the blockchain that manages these problems with an address-based encryption strategy and a stable-value asset.
According to its whitepaper, Celo’s goal is to allow smartphone users anywhere in the world to have a method to utilize financial services. It contains sending money to phone numbers and paying traders. In this, it utilizes phone numbers as public keys for...
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