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CATENA EXCHANGE - A Completely Decentralized Trading Platform


Blockchain technology brought about by Bitcoin makes it possible for individuals and organizations to run a currency known as digital currency as an application on a network in a decentralized manner. This technology gives individuals the opportunity to create their own specialized cryptocurrency for laudable projects and also give other individuals the opportunity to key into such projects by purchasing tokens of projects that interest them.
Individuals can mint cryptos and other individuals can own such cryptos by taking part in crowdsales and ICOS. But all these cryptos are useless without an exchange. An exchange is a platform that functions as a market place where cryptos are listed and cryptos users or holders are given the opportunity to exchange one crypto for another or convert their cryptos to fiat currency.
There are many of such exchanges in existence but these exchanges are not devoid of challenges. Some of the challenges faced by some of the popular exchanges in existence are limiting the mass adoption of cryptos by some well established organizations and individuals. Some of such challenges include:
  • Security challenges
  • Lack of transparency in exchange operations
  • Unauthorized freezing of users’ accounts and loss of funds
  • Centralization
  • Lack of regulation compliance
  • Slow transaction speed and high transaction charges. Etc
    All these challenges are what CATENA has come to address.
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About Catena Exchange Platform
Catena is a decentralized trading platform that leverages the disruptive capability of blockchain technology to transform the global trade economy. Over the last three decades, global trade has significantly increased, both in volume and revenue. Despite alleviating the living conditions of many, the sector is still faced with challenges that inhibit the realization of its full potential. These are the issues that the Catena exchange intends to solve. The Catena executive team is made of seasoned professionals with vast experience in trading, manufacturing, technology, quality inspection and so on.
Catena is built upon blockchain technology, which has created an opportunity to create new essential tools that have been missing in the trade economy thus far. These tools made by Catena will bring efficiency back into trading transactions, opening the doors for traders in ways never done before.
Catena has the tools necessary to help small traders like apple farmers spread their reach in global trade. Goods and products trading will be easier than ever before, as Catena plans to stimulate the trading economy with efficient systems and tools that are usable by anyone.
Vision
To be the largest trusted platform for global and domestic trades, and the first choice for all business transaction across the globe, with a mission of Empowering every business with a strong platform and powerful tools for growing their market reach and secure their business activities, while opening the door to limitless opportunities for small and medium enterprises, through transparency of market parameters and low entry barriers to compete, enabling a growing and prosperous trade economy.
The Catena DEX & COMAI Order Matching AI Solution
Firstly, the Catena trading platform will seek to eliminate the entry barriers and tackle the problems facing global trade. After providing a platform with small and medium-sized enterprises, Catena will shift focus to the provision of powerful instruments to facilitate the growth of the global trading market. While the platform’s architecture is mainly based on distributed ledger technology, it also incorporates aspects of Artificial Intelligence. Naturally, decentralized exchanges are difficult to establish due to their complexity. Nonetheless, the most notable advantage of such platforms is their independence, as they do not require a third-party service to hold investor funds. Instead, trades are facilitated directly between users suing the Catena platform. This, coupled with the immutability of the blockchain, makes transactions transparent and immune to fraud.
UNIQUE BENEFUTS
Since Catena removes the need for trust, it simultaneously removes the need for third parties to be involved in transactions. With third parties eliminated, traders can expect the following benefits:
  • Decrease in communication barriers
  • Removal of fees paid to third parties
  • Quicker transactions
  • Increased reach by independent traders
  • Customizable trading terms powered by the traders for each transaction
The flagship tool of the Catena platform is the Efficient Trading Platform (ETP), which was created to directly combat fraud and security problems in global trade. The ETP allows traders to select customizable smart contracts for each specific trade, without the need for knowledge in coding or advanced technology. Anyone from apple farmers to industrial equipment manufacturers will be able to select and customize contracts for each transaction seamlessly.
Elimination of the middleman and removal of deceitful trade practices has been at the foundation of Catena and has continued to be the purpose of its development. Catena will bring large amounts of growth back to global trade with its innovative systems and plans to empower traders with tools that stimulate their independence.
Our Unique Tools
Efficient Trading Platform (ETP) is a tool that was created by Catena to remove the need for trust in trading transactions. With the ETP, smart contracts are selectable and can also be created from scratch by users, without the need for coding experience. This technology will allow traders like apple farmers to select a relevant contract for their specific needs in a transaction. The following options will be selectable and customizable by traders in the ETP:
  • Prices
  • Terms
  • Quantity
  • Quality
  • Shipping Terms
These contracts will work with a variety of receiving traders such as: single buyers, groups of buyers, retail, and awarded logistics suppliers. Catena’s ETP differentiates it from all other current trading platforms and will be influential in the goods and products trading economy.
TOKEN AND ICO DETAILS
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.
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.
The total supply is capped at 250 million, and no additional tokens will ever be minted. Notably, the Catena token will be the only acceptable currency in the Catena ecosystem.
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Token image.pngDistribution
58% – ICO
2% – ICO partners
15% – team
3% – early contributors and advisors
20% – resolution center
2% – bounty
Distribution Of Funds
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13.3% – system development
37.6% – exchange platform
24.7% – barter ecosystem
13% – operation cots
6% – contingency and resolution center
Roadmap
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Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409

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