Cere Network + Elrond: Better Data Management, Lower Prices, and Actionable Data for Enterprise Customers
Cere Network, the first blockchain CRM platform is teaming up with Elrond, an innovative scaling solution, to give Cere’s enterprise customers improved turn-key microservices that are focused on turning data into actionable initiatives.
Businesses know that the often-used phrase, “You reap what you sow” echoes true in how data quality affects business decisions and in turn, profitability. Businesses are facing the challenge of “Big Data” being co-opted by “Bad Data”, resulting in top-level executives distrusting in their own data.
Cere Network has been providing its network of customers a new CRM paradigm that is not obstructed by legacy technology or plagued by high costs and incomplete, siloed data. By closing the cost gap through scaling systems in blockchain, Cere Network is democratizing access to high fidelity, complete and relevant data for small to large businesses to benefit from.
Cere Network’s integration with Elrond will drive down latency to create a mass-market ready enterprise CRM solution that is feature-rich, easy to use, and low-cost.
How does Cere + Elrond work?
Cere’s enterprise customers will gain access to additional turn-key microservices in the areas of. payment, escrow, and identity management that are integrated with smart contracts on Elrond’s network Through this partnership, Cere Network becomes the third network to integrate with Elrond’s smart contract framework, which offers 100% compatibility with Ethereum VM and seamlessly abstract smart contracts that can settle native assets across Cere, Elrond, and Ethereum networks.
Enterprise customers will benefit from continued additions of modular microservices from each networked partner, improving value through network effects. Cere and Elrond will also co-innovate in the areas of additional network throughput leveraging Elrond’s previous R&D in its Adaptive State Sharding technology.
What to Expect Next?
Cere Network is continuing to weave the fragmented data market through a privacy-focused solution, giving businesses better insight and utility. We’re continuing to expand to other businesses and making new partnerships with innovative projects within the blockchain ecosystem. Stay tuned for more news on our latest projects, integrations and expansion by visiting: https://medium.com/@cere_network
About Cere Network
Cere Network is the first blockchain CRM ecosystem platform optimized for service data integration and collaboration. While most blockchains are simply distributed ledgers, the Cere Blockchain solution captures the entire customer journey on the blockchain and stores key user data such as purchases, achievements, and usage in the user wallet. Cere Network is founded by Silicon Valley veterans with 20 years of experience from Amazon, Twitch and Bebo. Cere Network is backed by Binance Labs, NGC, Arrington XRP and many others.
For more information, please visit https://cere.network or follow Cere Network on:
Elrond is a new blockchain architecture, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.