Celo is a decentralized blockchain focused on providing financial services to underserved populations (unbanked/underbanked) worldwide through mobile applications. Celo uses phone numbers as account identities and leverages the Byzantine Fault Tolerance (BFT) algorithm to achieve consensus in its network.
Celo is an open-source blockchain platform aimed at creating an inclusive and open financial ecosystem for anyone using a smartphone. Some key features of Celo include: