ICO Celes Chain

Celes Chain is the first DPOW public chain for financial institutions in the world. It is based on consensus algorithm 3.0, embraces regulation via fundamental design, supports cross-chain communications and side-chain certification, and provides services for financial institutions to develop on-chain financial applications.

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 end users.

Financial institutions：They 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.

Users:  Basic units or individuals that use application services on Celes Chain; And network nodes that maintain the underlying consensus and operations.