Celo is an open-source blockchain platform designed specifically for mobile devices, aiming to facilitate the adoption of decentralized applications (dApps) and cryptocurrencies on a global scale.

With its unique architecture and features, Celo aims to bridge the gap between blockchain technology and mobile users, making it easier for individuals, especially those in emerging markets, to access financial services and participate in the digital economy.

Why Mobile First?

The global smartphone user base has surpassed 6.6 billion, making mobile devices the dominant computing platform for a large portion of the world's population. Celo recognizes this shift and understands the potential for blockchain technology to reach a wider audience through mobile accessibility.

Learn more about the Celo blockchain in this video:

The Celo Ecosystem:

Celo fosters a thriving ecosystem of developers, businesses, and users building innovative applications on the platform. Here are some key aspects of the Celo ecosystem:

Stablecoins: Celo utilizes stablecoins pegged to real-world assets like the US dollar - cUSD and Euro - cEUR, providing price stability for mobile payments and DeFi applications.
Decentralized Applications (dApps): Developers are building a diverse range of dApps on Celo, spanning areas like mobile payments and gamified finance.
Strong Community: Celo has a vibrant and supportive community that actively contributes to the platform's growth and development.

Celo is built on a custom Proof-of-Stake (PoS) blockchain designed for scalability and mobile use. Additionally, Celo is EVM (Ethereum Virtual Machine) compatible, allowing developers to leverage existing smart contracts and tools from the Ethereum ecosystem, accelerating the development of mobile-first blockchain applications.