Aelf (ELF) blockchain has been accredit and approved by China Electronic Standardization Institute (CESI). CESI is authorized by government competent departments, CESI organizes the development of national and industry standards, provides product certification and quality system certification to it’s members.
Once Alef team tweeted about it, ELf had a price jump to around 6% in less than 30 minutes. Elf got its first hike at 08:10 UTC and price jumped around 10% on Houbi exchange and continued to go up.
Aelf (ELF) is an enterprise-focused blockchain platform powered by cloud computing. Leveraging cloud nodes and parallel processing, Aelf is reportedly able to achieve secure transactions at scale for commercial use cases. Aelf was developed by Ma Haobao, who is also the CEO of Hoopox. The team is backed by the likes of Michael Arrington (CEO of TechCrunch) and the founding partner of FBG Capital. Aelf is working with the Innovation Alliance to drive blockchain adoption. Aelf aims to enhance the ecosystem by providing a template and infrastructure for interaction between various sidechains. Aelf Website
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