Celes Chain ICO

The cyclical effect in financial industry
A.
No trust among financial
institutions after the financial
crisis
A
B. Harsh regulation
B
F
F.
More monopoly and
less innovation
How to break
the loop and
deadlock

C
C.
High cost of
the regulation
and compliance
E
E. Less competition
in financial market
D
D.
Further increases the
economic burden of
financial institutions
Solution
1
To
Improve regulation
and compliance
2
To rebalance trust among
financial institutions
3
To reactive competitions
in financial market
01
...

C-Chain A public chain focuses on regulated financial industry
C-chain is an innovative platform to run financial services/applications and provides access for
regulators and policy makers.
To make regulators
more efficient and to
lower compliance costs
for financial institutions
C-chain refers to “Celes Chain”.
A unique
framework
cooperates
with
financial
regulators
Innovative,
decentralize
d, public
Complete
C-Chain
ecosystem
To rebalance trust among
financial institutions
To provide a more productive
competition for financial industry.
Consumers could ultimately share
benefits and profit.
02
...

Team
Zhou-Ran Li
Cofounder

BS in PKU, MS in Penn
State U, RBKC Capital Partner, Anton
Oil Sr. Executive, Lee Shau Kee’s
Family Foundation Sr. Executive.
Michael Yeung
Cofounder, BS in Tsinghua, MSF in
Imperial College London, CICC HK,
BBVA USA(Specialized in
Blockchain research)
Gao Han
Cofounder

BS in Tsinghua

MS in
Statistics & Ph.D in CS, University of
Chicago.
20+ in financial industry, Goldman
Sachs NY, CIC, Head of HKEX.
Li-Qi Ding
Cofounder, LLM

Uni of California at
Berkeley, Sr. legal professional in
investment fund, capital market
convertible bond issuance and M&A etc,
founder of coinx.
Zhi-Jian Liu
Cofounder

BS in Tsinghua

MS in
EE HKUST

RBS HQ in London, CDB
in Hong Kong.
Yi-Lan Liu
Cofounder, early stage team member of
Tencent

Core de...

Unique C-chain regulation and compliance efforts
C-Chain improve regulatory efficiency and save compliance costs
1. “Super Administrator': the supervision agency has effective control of
financial behavior and data on C-chain.
Regulator
Regulation Interface (port) of C-chain
2. Legal semantics scripting language: in order to make smart contract not only
in compliance with, but to the greatest extent allow the 'literal” code also meet
regulatory requirements.
3. Legal compliance layer: to coordinate with artificial intelligence and deep
learning technology, compile smart contract into legal compliance document on
C-chain.
4. Simulation: Regulators can test new or modify policies on chain, effectively
judging regulatory effects and potential negative impacts.
C-chain DApp layer
Legal Compliance Layer
C-chain data layer
C-chain consensus layer
Regulator has supervision and control power over all layers,
release new policies and maintain old ones thr...

A innovative public chain consensus module
Produce tokens and generate blocks
PoW
Wood for burn
PoB
Hash power
Token rewards
An innovative public chain
1. Time division multiple proofs protocol (TDMPC): a better balance between
decentralization (via PoW) and efficiency (via PoB) .
2. ”Wood”: the link between PoW and PoB consensus.
3. Public chain: private chain has the difficulty to attract financial institutions to join
the alliance*.
4. Transparent: more trustworthy to the end user.
*Source: Monetary Authority of Singapore (MAS) The conclusion of block chain
experiment project Ubin - from No.2 report
05
...

DApps (Financial/regulation focused) on C-chain
Application module
Users
DApp1
DAppn
Token
collection
Regulator
Use token
Produce block Bonus coin
The consensus mechanism
Financial
Institutions
1. Financial institutions use scripting language on C-chain to develop decentralized financial applications (DApps) to implement business logic and run smart
contract.
2. C-chain provides basic templates for financial institutions to accelerate product development progress.
3. C-chain supports products including but not limited to: financial derivatives, commercial loans, letters of credit, trade finance, structured finance, project
financing, investment, brokerage, trading and financial information etc.
4. DApps developed by financial institutions which obtained the approval of regulatory authorities, can be shelved on C-chain application store.
06
...

Ecosystem on C-chain
Users obtain tokens by third-party services*
Third-Party
Services
Institutions obtain fiat money via
third-party services
Users
User pay tokens to obtain DApps financial services
DApps pay agency tokens as incomes
Institutions
DApps
Miners obtain fiat money via third-party
services
Miner
DApps pay miner tokens
as the cost of mining
Third-party service* refers to the exchange service of convert between C-chain tokens and fiat
money, such as token exchanges, etc.
1. End user use tokens to purchase financial services on C-chain (through C-chain DApps)
2. DApps obtain user's tokens and pay a certain number of tokens to the miner, the remainder will be sent as income to the financial institutions
who own the DApps.
3. Miners get paid as the cost of mining.
07
...

Case1: Regulator
Issue the bank lending guideline

C-chain vs. Traditional methodology

Lending Policies pass through via C-chain
1.Regulator release 'guidelines', including the ratio of deposit to loan, interest
rates range and applicability of rules.
Legal documents
code
code1
code2
DApp1
DApp2
2. The 'guideline' is translated to smart contract standard code on C-chain, which
defines loan ratio, interest rate and applicability of the rules.
3. Bank inherits the 'guideline' smart contract code as well as all the definitions of
the rules, then enrich details of the loan smart contract according to its own
situation. Because banks' loan smart contract are inherited from regulators'
contract, this allows all banks to use the same framework for loan smart contracts,
different banks will not misjudge and take wrong action even has different
understanding, thus the system effectively reduced legal compliance risks.
Regulator