“Cerium is a chemical element with symbol Ce and atomic number 58. It is a soft, silvery, ductile metal which easily oxidizes in air. Cerium was named after the dwarf planet Ceres. Cerium is the most abundant of the rare earth elements, making up about 0.0046% of the Earth's crust by weight. It is found in a number of minerals, the most important being monazite and bastnäsite. Commercial applications of cerium are numerous. They include catalysts, additives to fuel to reduce emissions and to glass and enamels to change their color. Cerium oxide is an important component of glass polishing powders and phosphors used in screens and fluorescent lamps. It is also used in the "flint" (actually ferrocerium) of lighters.”

Like the rare earth element it is named after, the Cerium crypto currency is small in supply and aims to be a something the world depends on. Cerium hopes to introduce an efficient payment method which will eventually be adopted by the masses.

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