One Cento is made from eight different precious metals, all from suppliers that have been pre-qualified by the Cento team.
To create a Cento, eight smart contracts — one for each piece of metal in the Cento — are executed, containing essential and comprehensive data about the supplier and the metal’s location.
Cento Price History
Unlike Cryptocurrencies and Fiat Currencies, which depend on various economic factors such as market stability, lack of economic wars, popularity, media support, etc., Cento's value is growing steadily despite the trade war between the USA and China, local wars, fires in Australia, the Coronavirus epidemic and other factors that affect trade relations and slow down the world economy.
xAI is like a central bank: it actively and unbiasedly observes the value of Cento and other assets. Using historical market trend data, it can take action to stabilize price levels if price dips or other destabilizing activities signal a need for rebalance. This leads to an increase in value over time.
Unlike conventional cryptocurrencies, Cento is a real currency in which each coin is supported by noble metals and has a real value
The guarantee of Cento's stability is not only precious metals but also an xAI system that stabilizes the price during difficult times in the market
Each of the eight metals is connected to the Cento smart contracts, so you can easily find out where noble metals is located and who was the supplier
As soon as a registered user submits an application for the purchase of Cento and makes payment, the system automatically starts the coinage process. This process can last approximately hours since it involves a number of important steps, ranging from buying all eight precious metals to transporting them to the Cento vault.
Request for minting
Purchase metals from suppliers
deliver metals to Vault
Minting Cento and sending to the buyer
Each Cento — and each spendable fraction (“Noble”) of a Cento — can be used to make online payments, execute cross-border transfers, and more. Secure, semi-decentralized ledger technology maintains immaculate records of all circulating Cento and every transaction.
- Resource Name
- Resource Weight
- Supplier Company Name
- Shipping Date
- Supplier Signature
- Fingerprint Number
- Arrival Date to Vault
- Arrival Weight to Vault
All signed Supply Contracts are write protected and no one can change them
Cento is not just another blockchain currency. Every minting of the Cento, every transaction, every exchange or purchase made with a Cento makes it more valuable, and the user of the Cento richer.
75% of the fees from all Cento transactions are automatically re-invested in Cento`s value.
The calculator will help you understand the approximate price
1 Cento Weight, gram
0 Price per Cento, USD
10 Amount of Cento
0 Total Price, USD
- 01 Create you own account on smartsafe.cento.io
- 02 Place an order to the start minting process
- 03 Make your payment and wait for confirmation
- 04 After confirming payment, get Cento in your account
We’ve created a currency that isn’t accompanied by the dangers of modern cryptocurrencies and outdated paper money. Cento is powerful, increases in value over time, and can’t be affected by fluctuations.
Parent Company Formation
The history of Cento begins with the creation of the Switzerland-based company, Sovereign Mint. It is the parent company of Cento and was created in 1905. Sovereign Mint is a company that has vast experience in working with precious metals, and this is one of the factors that prompted the idea to create Cento.
Technology Company Formation
In the summer of 2013, a technology company was created that began to work on ideas that eventually formed the basis of the Cento Smart Currency. Prior to 2013, we studied available and emerging technologies, building modern financial models, and working with AI in the financial world.
Blockchain Technology Development
Over several years we tested various blockchain technologies that Cento could optimally work with. This was done because Cento appears to be a simple system, but internally it is a complex idea that requires the best technologies to function properly. As a result, the choice was made to use the new Substrate blockchain from Parity Company. If superior blockchain systems are developed in the future, we will transfer the Cento system to it.
SmartSafe Technology Development (beta)
The first designs of the Cento SmartSafe were made in early summer 2019. By September 2021, we switched to Beta status. Work on Cento SmartSafe is ongoing and, in the near future, we plan to release it is a mobile application.
Work with AI began in the spring of 2019. Thereafter, the team began collecting additional information in order to begin instructing others about the AI model to be used with Cento Smart Currency.
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The best way to learn more about Cento, how it was created and how Cento works
Cento was created to be a hybrid solution - it’s a currency that we hope will tackle a number of problems around the world, as well as simply being a better and more viable alternative.
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Platinum is a metal that is used in the jewelry industry but also has many uses in various other sectors. In the jewelry industry, it can be used to make rings and other jewelry. In other industries, it can be found in catalytic converters in vehicles and factories. It is also employed for creating optimized fuel cells, as well as in manufacturing computer hardware.
Gold has many qualities that make it an extremely valuable metal throughout history. This is a very beautiful metal that has a unique, well-recognizable color and excellent plasticity, which has always made it possible to use it in jewelry, architecture, and even medicine. In modern industry, gold is more often used in the transport sector, chemistry and petrochemical production, energy, electronics and measuring instruments, telecommunications, nanotechnology, aviation, and space industry, etc.
All national banks in the world use gold as a reserve, which is used as a store of value and support for the national currency. It is also used to guarantee promises to pay depositors, etc.
In 1804, while studying platinum in South America, William Wollaston discovered that when he dissolved the metal in royal water, it turned pink. After some manipulation, William isolated a metal that is now called Rhodium.
Rhodium is a rare earth metal that is used in 80% of the world's catalytic converters. It helps convert carbon monoxide and nitrogen oxides into water, nitrogen, oxygen, and carbon dioxide.
Iridium is a rare metal that can be extracted from platinum-bearing or gold-bearing placers. Its minerals grow closely with other platinum minerals and the largest reserves are in South Africa. Raw materials for iridium are obtained from beneficiation of root ores and after processing of anodic sludges, as well as slurries obtained from placer ores.
Did you know that rhenium is one of the rarest elements in the earth's crust? It is usually found in minerals along with its much more common neighbors - molybdenum and tungsten. That means it's easy to extract it, which is why it's found in ores of these elements.
You may not have heard of palladium, but it's a very important and valuable metal. What is it used for? Well, about 80% of all palladium in the world is used for automotive catalysts. That means that when your car engine is running, the catalyst - made of palladium and other platinum group metals - helps to keep you safe by converting carbon
In recent decades, the rules for the emission of toxic substances by cars have become much stricter, so the production of catalysts requires more and more platinum and palladium.
We all know that Ruthenium is a platinum group metal. But you may not know that ruthenium is a solid white metal that does not fade at room temperature and oxidizes in the air when heated. In combination with potassium chlorate, it explodes!
Ruthenium is extracted mainly from platinum ores. After separation from the associated platinum elements, ruthenium is converted into a complex ammonium salt of ruthenium chloride and reduced in a stream of hydrogen to metal. The resulting metal is remelted in a protective atmosphere of inert gas.
The noble element silver, which is the least chemically active transition metal, has been used in manufacturing coins, jewelry, and jewelry because of its beauty and brilliant white color. It is also used in the production of printed electrical circuits and as a stream coating for electrical conductors.
It is monitoring, forecasting, and balancing system. In addition, Decem xAI predicts metal prices for the medium and long term, using a huge amount of both historical data and the latest information from exchanges, news resources, etc. In addition, based on these projections and the current state of the network, xAI decides how to manage reserves to ensure Cento's stable growth or prepare Cento for future long-term crises.