Convergence Protocol Formed an Alliance with Cere Network

Convergence Protocol is delighted to share their new partnership with Cere Network to further bridge cryptocurrency with real-world asset investment.

Cere Network is working on improving their enterprise SaaS platform and Cere Decentralized Data Cloud (DDC) ecosystem, in order to allow big brands and enterprises to start establishing their own data ecosystems and first-party data strategies.

The partnership will bridge the gap between traditional finance and modern finance by enabling Cere Network’s enterprise clients to leverage our seamless interface and robust infrastructure to access Convergence’s DeFi ecosystem and decentralized offerings — bringing in more liquidity to Convergence’s private-sale token markets.

The Partnership

Enterprise adoption and decentralized blockchain networks have been viewed as two opposing ideals, compounded by the scaling, decentralization and security trilemma. Cere resolves this paradox by way of a holistic and system-wide solution for scalability, interoperability, and seamless integration of the global app ecosystem into a decentralized economy powered by blockchain technology.

Cere’s value proposition is centered around seamlessly bridging the enterprise world’s real-world user base, revenue streams, and capitals to the DeFi landscape. By collaborating with Convergence, Cere will strengthen the ability for enterprise clients to integrate exposure to real-world assets through Convergence’s innovative offerings.

The digital asset economy is converging and bringing traditional financial players and crypto-native investors together. Automated trustless protocols are reshaping the landscape of the financial economy that was previously siloed from the DeFi landscape. The collaboration will revolutionize the way people trade real-world and crypto-native exposure by providing greater liquidity, transparency, and inclusion for all investors. By combining the advantages of private asset exposure with the liquidity, automation, and transparency features of DeFi, the Convergence Protocol synthesizes the worlds of traditional finance and DeFi.

Use Case

Convergence Finance is the first protocol to make real-world assets interchangeable in the DeFi space by fractionalization. Convergence connects exotic private assets with DeFi’s massive liquidity using a single interface that is easy to use, adopt and composable with other DeFi protocols.

Enterprise customers will be able to utilize Convergence to gain exposure on tokenized assets such as private-sale tokens, fractional NFTs, and other exotic assets. The tokens and the value transfers represented grant great liquidity to enterprise clients, and through Cere Network, they can leverage these real world assets by accessing the greater DeFi landscape and ecosystem.

This partnership will allow enterprise clients to leverage seamless tokenization and connection with the DeFi ecosystem to make these markets more efficient and attractive to investors.

Convergence is the first AMM to make private token interchangeable in the DeFi space by fractionalizing them using a single easy-to-use interface and composable with other DeFi protocols. Convergence enables originators to take advantage of DeFi’s liquidity, while DeFi users can access exotic private exposure unavailable to them before. Convergence Finance combines the edge of a lowered investment entry barrier with the liquidity, automation, and transparency features of DeFi to bring exclusive investment exposure to all DeFi users.

Cere Network is well on its way to defining the future of consumer data, e-commerce, and NFTs.

Our key innovation revolves around the Cere Decentralized Data Cloud powered by the Cere Network mainnet.

Cere’s Decentralized Data Cloud (DDC) is designed from the ground up to ​address today’s enterprise need for individual user data encryption and privacy compliance while simplifying the customization and integration with today’s intelligent (AI) data-driven personalization solutions.

📰 INFO 

https://medium.com/convergencefinance/convergence-finance-partners-with-cere-network-to-further-bridge-crypto-with-real-world-assets-cce894bfa49f

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