Celo cGLD

Celo is an open platform that makes financial tools accessible to anyone with a mobile phone
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Inspired by extensive research in emerging markets and developing countries — Tanzania, Colombia, Argentina, Mexico, the Philippines, and Kenya — Celo is building a mobile-first blockchain platform alongside a suite of financial tools accessible to anyone with a basic smartphone. On this platform, value can be transferred faster and cheaper than traditional bank wires using globally accessible technology. Since cryptocurrencies are completely programmable, a wide array of financial services can be created without costly intermediaries.

The Celo network features a stability protocol capable of hosting an ecology of stable value currencies like the Celo Dollar, regional currencies, commodity based stablecoins and more. The C Labs team has created the Celo Wallet, which makes sending stable currencies as easy as sending a text message. Since Celo is completely open-source, developers can collaborate to build financial applications and services to empower people around the world.


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Blockchain Bites: The Government Won't 'Kill DeFi' but FATF Might Compromise Anonymity
May 13 · CoinDesk · “Crypto is not designed to have a Travel Rule solution,” Noah Perlman, chief compliance officer of Gemini, said at CoinDesk's Consensus: Distributed virtual conference.
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Celo Founder on Raising $10m and Redefining Money
May 16 · Coin Telegraph · The Celo Foundation raised $10 million for its blockchain platform Celo in a dutch auction on CoinList on May 12.
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Top Korean Blockchain Platform Joins Celo Alliance
May 09 · Coin Telegraph · Klaytn, the public blockchain platform developed by Ground X, an affiliate of the major South Korean internet company, Kakao, joined Celo’s Alliance for Prosperity on May 8.
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75 Companies Back Facebook Libra's Competitor Celo
May 07 · Bitcoin News · Celo, a competing project to Facebook’s Libra cryptocurrency, has added 50% more new members to its alliance, bringing the total number of supporting organizations to 75.
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Celo Network Reveals Over 20 New Alliance Members
May 06 · Coin Telegraph · Celo, a stablecoin payments network, has announced the addition of more than 20 new members to its "Alliance for Prosperity" ahead Celos’s mainet launch — which is currently expected for mid-May.
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