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What Is Cere Network and How to Buy CERE?

2023-05-03 07:02:08

Since the development of blockchain, distributed ledger technology has been used across many industries to address inefficiencies. Blockchain technology makes it possible to connect ecosystems worldwide in a decentralized manner, eventually leading to a frictionless global economy. 

CERE Network is one of the world's first blockchain-powered customer relationship management (CRM) and customer data platform (CDP) ecosystem, enabling organizations to finally extract meaningful and actionable insights on the customer journey. It took advantage of the one-of-a-kind benefits offered by distributed ledger technology to solve the widespread inefficiencies and disconnect between customer relationship management and consumer data platform ecosystems. 

Let’s learn more about CERE.

What is CERE Network (CERE)

What Is CERE Network (CERE)?

CERE Network is a part of the collaboration of projects that Polkadot and Cosmos have put together. These projects are connected by cross-chain interoperability (cross-communications) between blockchain networks. They aim to create a trustless, scalable, and global decentralized ecosystem for all businesses and consumers. CERE Network is a part of this consortium.

Based on Polkadot's scalable and heterogeneous platform, CERE Network provides the world's first Customer Relation Management (CRM) blockchain ecosystem in a Decentralized Data Cloud (DDC) optimized for service data integration and collaboration.

This Data Depository and Collaboration (DDC) enables stakeholders to own and manage their data, making it the first platform to give them complete control over any use or distribution of their data.

Through DDC, businesses can seamlessly plug in their already established applications and harness the power of contextually appropriate data, insights, and statistical analysis in real time to supercharge their value streams.

When offering direct access to first-party customer data, CERE's approach to enterprise data is very similar to that of the successful cloud data platform Snowflake. 

CERE takes this new narrative further by using blockchain technology to anonymize and encrypt (individual-level) customer data. This data can be traded with business partners and analyzed using CERE's open and on-demand data markets.

Using CERE, all business units, partners/vendors, and machine-learning processes can immediately access data in nearly real-time. This, in turn, enables safe and private data collaborations through CERE's Open Data Marketplace (ODM), which is free from any traditional vendor lock-ins that companies like Salesforce, Oracle, and Adobe employ.

What Problem Is CERE Sloving?

CRM solutions need access to a restricted data pool, which hinders organizations' capacity to communicate with customers. This is a problem because customers want firms to provide relevant information. It is impossible to extract clear consumer insights and communicate the data with business units and partners due to the mismatch between CRM solutions. 

Most customer data is isolated and locked away in standardized CRM systems, which is the source of the problem. Because they have a single point of failure, these systems are not only expensive, but they also risk customers' personal information and violate their right to privacy.

CERE is one of the first blockchain CRM and CDP ecosystems established with a heavy emphasis on customer data protection and secure data cooperation embedded into its core. By developing a comprehensive solution based on the blockchain, they have found a solution to the most significant challenges CRMs and CDPs face regarding customization, efficiency, data security, and privacy maintenance.

History of CERE Network

The history of CERE Network can be traced back to 2020 when a group of seasoned experts in blockchain technology, data management, and digital advertising established the project that would later bear their names. Transactions and interactions within the ecosystem are powered by CERE Coin, the network's native cryptocurrency. CERE Coin acts as the fuel for these activities. As CERE Network continues its development, one of its goals is to give users and enterprises more agency by granting them ownership over their data and introducing them to novel possibilities for generating value.

How to Buy CERE Network Tokens?

CoinEx is a global cryptocurrency exchange, trusted by 5+ millions of users worldwide with 100% reserve. With its 700+ tokens supported, including CERE, users can now trade easily and seamlessly. To purchase CERE on CoinEx, follow the steps below.

If you already have a CoinEx account, this is how to purchase and sell CERE on CoinEx:

  1. Enter your login information: To access your CoinEx account, visit the website or launch the app and enter your email and password.
  2. Put funds in your account so that you can make CERE purchases.
  3. Once you have funds in your account, you may buy CERE by going to the CERE trading page and choosing the trading pair you wish to use.
  4. Tokens (USDT, BTC, ETH, and CET, etc.) can be exchanged for CERE. Put in your order and the quantity you want to buy.

CERE FAQs

1. CERE Network coins price history

The CERE coin reached its all-time high price in November 2021, when it was being traded at $0.1804. Since then, it's been a roller coaster ride. Currently, it's being traded at $0.005486.

2. What is the market cap of CERE Network (CERE)?

The total Market Cap of CERE is around $54.92M.

3. How many CERE Network coins are there?

The total supply is around 10 Billion. Out of which 15% have been burned.

4. Is CERE Network a good investment?

When investing, you should always conduct your independent research.

Before settling on a course of action regarding their investments, however, financiers would be well to keep the following considerations in mind:

A deluge of new initiatives has entered the cryptocurrency market, particularly layer-1 blockchains. The amount of data being used will continue to rise in a short amount of time, and eventually, storage solutions will be required. The technique that CERE Network takes, comparable to that of Filecoin and several other projects, makes it the ideal solution for this problem. 

If you want to maximize your use of the Network, CERE Network provides more than simply a data storage solution in the form of the NFT marketplace or SaaS-DeFi.

The members of the CERE Network team have a combined total of fifty years of experience in technology and finance. In particular, Kenzi Wang was one of the original members of AU21 Capital. They also have the support of Binance Labs and Arrington XRP Capital, among other investors. Because of their solid foundation, it is reasonable to anticipate that the finished product will be of the highest possible quality.

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