Review on Celo Gold by Özgün A
New generation payment system
Celo Gold is a protocol that provides access permissions for all vehicles running on blockchain technology to allow access to the market.
Celo Gold is particularly focused on the mobile devices industry. They are working on a global mobile payment platform. With this project, all the projects you can realize with your imagination are supported. In other words, with Celo Gold, you can create an unlimited number of ideas and put them into practice. It is an open source project and open to development.
Thanks to EVM compatibility, you can create a common market between nearly 7 billion smartphones and perform hyper-fast transactions in these markets.
Celo Gold has a stable currency called "Celo Dollars". It is not affected by price fluctuations.
Another feature of Celo Gold is that you can send money directly to a number registered or not registered in your phone book (you want to send). The transfer of money can be global. This is called Valora technology.
As a result; The Celo Gold project is really a perfectly designed project with a strong infrastructure. I think this project will shine with its low transaction fees in the coming years.
Pros
- You can make transfers via mobile devices globally with very low transaction fees
- Transactions can be made with fiat currencies
- Low-latency operations can be performed with special algorithms
Cons
- -
