Comment on the 10th episode of the Daily TelegraphTake care of this.In the podcast, Celo President Rene Reinsberg and Elisha Owusu Akyaw (GhCryptoGuy) discuss the REFI movement, which focuses on the cornerstones of decentralized finance (DEFI) and the principles of regenerative economics. Reinsberg also explained how Celo intends to maintain relevance in a multi-chain world of layer 1 blockchains and layer 2 networks.
The blockchain world is becoming more and more crowded, multiple layer 1 blockchains are launched, and layer 2 networks are becoming more popular. Reinsberg says the Layer-1 Celo blockchain is not worried about the increase in user choices. Instead, it sees it as an opportunity for more people to use passwords. In any case, in order to make Celo different from other networks, the team has added some elements to improve its mobile experience. According to Reinsberg, Celo caters to users who access Defi on devices or interfaces with limited screen size by adding features and special features. Reinsberg said that given the numbers that are working, he thinks this is an important step.
"most people in the world surf the Internet not on desktop computers, but on mobile phones."
In addition, Reinsberg points out that CELO has decided to focus on developing economies where its impact is visible and felt. The CELO president says it is difficult to create a 10x better payment experience in places like San Francisco or London, but the changes made in developing countries can be felt. Because of this, blockchain Network has set up offices on the African continent, where Reinsberg claims that more than 50 Celo-based startups have raised money to speed up their projects.
ListenTake care of this.Episode 10 on Spotify, Apple Podcast, Google Podcast or TuneIn. You can also view the full podcast directory of Cointelegraph on the Cointelegraph podcast page.
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