What is Centrifuge chain?

Centrifuge OS is an open, decentralized platform to connect traditional invoices and token-based assets on the blockchain , specifically the Centrifuge chain. This blockchain will allow businesses to exchange verified business documents (such as invoices) and tokenize those assets for further financing.

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How does Centrifuge token work?

Centrifuge’s CFG token has a variety of functions across the Centrifuge platform that give it value. CFG is used to pay for transaction fees within the Centrifuge platform . Users pay CFG to node operators for minting NFTs used as collateral on Tinlake and verifying transactions.

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