CATENA | Ecency

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A few years back, digital assets (Cryptocurrencies) has seen rapid growth and more companies, organizations, entrepreneurs, individuals, different economic sectors are adopting its technology. Cryptocurrency is spreading like wide-fire by the day, new projects are emerging giving rise to more cryptocurrency, and cutting-edge across e-commerce and other sectors.

Centralized exchanges were the order of the day in the early times of crypto-economic development because they are seen to be the easiest accessed platform that provides cutting-edge trading functionalities like lending, stop-loss, margin trading, and many more.
The centralized exchange users and owners fail to understand the diverse risks involved in it. Risks such as political influences, security risks, cyber-theft, high platform fees, lack of good customer support, financial manipulation, external interference, funds stored in exchange wallets, single decision-making center, trading involve intermediaries (a major cause of increase fee), likely mutual claims and many more.

A lot of news have been heard about funds been stolen in the past years from centralized exchanges worth billions of dollars such as Mt.Gox, which is the biggest hack in the history was hacked 850,000 Bitcoin (BTC) worth 700 million USD in March 2014, Bitstamp exchange was hacked 19,000 BTC worth $5,100,000, Bitfinex was hacked 120,000 BTC worth 72 million USD, and many more other exchanges.

Catena as a decentralized exchange, provides a cooperated way out as a solution to decentralized exchanges precincts as a whole, Catena decentralized trading platform featured a unique order book that is integrated to diverse exchange thereby garnering it to their decentralized platform. The Catena decentralized trading platform is also incorporating with order matching AI for effective trading thereby giving users exceptional features that is better and unique compared to the present centralized exchanges. The decentralized exchange gives equal rights and opportunity to its users, Peer-to-Peer transactions, access to a personal wallet, provides a trustless environment with high security, it is transparent, very low transaction fee, and void of third-parties.

Catena is a decentralized exchange that influences the disruptive proficiency of blockchain innovation to transmute the world’s trade economy. Global trade economy is faced with diverse problems even with the increase of revenue and volume. These problems will be solved by Catena’s decentralized trading exchange.
Catena decentralized trading platform is an efficient trading platform with various smart contracts that comprehend the necessities of individual trade as placed the trader thereby creating an environment of chance of having various traders (buyers and sellers) on one order and contract. In regards to the pre-registered necessities, it can correspond with the seller order of a big MOQ by way of compound buyers and tackles the various supply chain parameters thereby appealing diverse delivery choices.
The Catena decision-making team comprises of experienced experts with enormous knowledge in cryptocurrency trading, expertise in groundbreaking technology, manufacturing, and lots more.

CHALLENGES

Increase Incidence of fraud: this has corroded the global and national trade thereby leading to the acquiring of intermediaries to manage trade giving them the opportunity to acquire more benefits and impose high fees and rules that is beneficiary to them.
Global supply chain: this includes challenges such as deferrals n borders, unpredictable merchandise regulations, underprivileged means of transportation, shoplifting, corruption, and so on that hinders the carriage or movement of goods and services from one point to the other.
These frauds have resulted to over forty trillion USD global annual lose.

CATENA DECENTRALIZED TRADING PLATFORM FEATURES:

Unlike traditional decentralized exchanges Catena supports fat currency.
Catena has a technology that matches Artificial intelligence
Catena has a powerful order book execution.
Maximum security of users funds and assets
No limits to deposit and withdrawals, unlike traditional exchanges (decentralized and centralized) that allows only maximum two BTC deposit and withdrawal
Absolute control over user’s digital assets and funds
Unlike traditional decentralized exchanges which are difficult to navigate and mostly not user friendly, Catena is easy and user-friendly. Both newbies and experts’ to decentralized exchanges can maximize its functionalities.
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TOKEN INFORMATION

Catena token is a utility token based on Ethereum blockchain power-driven by Ethereum smart contract that will be used for all transactions across the Catena decentralized trading platform. It will be the fuel of the platform.
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