COTI is a currency and payment platform that aims to provide a simple, transparent, and trustworthy solution for enterprises. It allows and processes both traditional and digital payment methods. The ecosystem boasts scalability, simplicity, buyer-seller protections, cost-effectiveness, price stability, instantaneity, and security.
The project was co-founded by Nir Haloani and David Assaraf, and its CEO at the moment is Shahaf Bar-Geffen. All of them have a lot of experiences in technology, entrepreneurship, and finance.
The COTI ecosystem consists of six solutions:
- Trustchain, the pillar of COTI ecosystem, is a machine-learning-based proprietary consensus algorithm that is said to be able to process more than 100,000 transactions per second.
- COTI Pay allows all kinds of payment methods, from fiat to to stablecoins to crypto, both online and offline.
- White label payment network helps enterprises build their own payment network, eliminates intermediaries, and connects them with buyers directly, making it easier for both sides to do business.
- Stablecoins is the platform of COTI that offers the necessary technology for every company who wants to issue their own stablecoin with customizable stability mechanism.
- Loyalty Networks offered by COTI is blockchain based. Therefore, they are easy to use and integrate, while allowing for the exchange of different kinds of loyalty points.
- Remittance Technology of COTI is easy, frictionless, instant, cheap, and accessible for everyone around the world.
All 2 billion COTI tokens are in circulation.
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