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Celo was the 4th Quickest Rising Blockchain in 2021

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2021 was a great yr for the crypto and blockchain house with spectacular milestones and all-time highs being achieved throughout the board.

Celo, the mobile-first blockchain targeted on rising markets like Africa, likewise noticed spectacular development changing into the 4th quickest rising blockchain of 2021.

On this submit, we have a look at the important thing milestones of Celo and what this implies for the mobile-first platform in 2022.


SEE ALSO[WATCH] Making Digital MicroWork Accessible and Available on Mobile Devices in Kenya via the Celo Blockchain


Beneath are a few of these milestones:

  • The Valora App – At the moment utilized in over 120 nations, that is the primary cell peer-to-peer (P2P) funds and remittance app permits you to ship cash as simple as sending a textual content message
  • Deutsche Telekom – With over 242 million cell prospects, Deutsche Telekom bought CELO and have become the primary cell service to seamlessly combine all of its cell options into the Celo ecosystem whereas changing into a CELO validator
  • Quickest EVM Chain – In partnership with Mysten Labs, Celo set its sights on changing into the quickest EVM chain with as much as 140, 000 transactions per second furthering the usability and scalability of the Celo platform
  • Introducing Provo – Provo was launched to allow central banks discover and experiment with central financial institution digital currencies (CBDCs) and different risk-free permisseioned and permissionless digital belongings on the Celo platform
  • KickStarter on Celo – KickStarter, a number one crowdfunding platform, selected Celo community to host its new decentralized protocol for a extra open, collaborative, and decentralized crowdfunding method

Celo has been notably targeted on rising the rising markets of Africa and the above milestones are a glimpse into what awaits this mobile-first blockchain on the continent.


RECOMMENDED READING: Leading Crowdfunding Platform, Kickstarter, Going Decentralized, Building Open Source Protocol on Celo


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