Centrality is a blockchain platform that provides support for business growth to start-ups. The Centrality platform and application allocate a high focus on user experience. According to the whitepaper, Centrality takes a human-oriented approach, allowing users to access a variety of applications. Centrality aims to focus on mass use-cases for the users, thereby promoting the adoption of blockchain networks. By implementing blockchain technology, Centrality entrepreneurs attempt to disrupt the existing barriers to entry for start-ups.
Despite the expansion in the number of start-ups, very few of them actually manage to tackle the entry barriers to the industry and survive for the long run. High competition and major players in the industry make success for start-ups difficult to achieve. The Centrality platform provides tools and other features such as self-communicating software (APIs) to help the startups create value for their products and services. By linking on-platform applications together, Centrality attempts to improve user experience.
Users of the platform may utilize the open-source protocols to create business models based on DApps. Centrality helps to create an interconnected network of DApps so that users are allowed to seamlessly maneuver through the application in a human-centric manner. Business start-ups on the Centrality network are enabled to create commercial connections on the network through collaborations with other DApps via smart contracts. Thereby, Centrality helps to reduce the time and costs of traditional means of business partnerships and integrations.
CENNZ and CPAY are the two utility tokens of the Centrality network. CENNZ tokens are necessary for staking activities on the network. CPAY is required for network transactions. Users may stake their CENNZ tokens and obtain rewards as CPAY tokens. Developers on the Centrality network are required to avail CPAY tokens from CENNZ holders in order to provide functionalities to their DApps.
History of Centrality (CENNZ)
Centrality is headed by CEO Aaron McDonald, Chief Commercial Officer Jerry Yuan, and Chief Strategy Officer Dan Gillespie. The total supply of CENNZ is fixed at 1.2 billion tokens.
