COTI is a blockchain protocol that has been optimised for decentralised payments. The coin is based on a DAG and achieves scalability by using parallel source selection and Trust Scores. The network can be used by governments, payment dApps, merchants, and stable coin issuers to transact efficiently through an online ledger. COTI also incentivises and empowers platforms to build their own payments solutions that facilitate global transactions. COTI Pay is the first application built on this network, and it is described as a fully integrated and holistic finance app that’s based on the blockchain.
The COTI Group was launched in March of 2017. The ecosystem is designed to remove the barriers faced by users while going through traditional financial institutions. These include latency, high fees, global trade laws, and risks. The network’s objective is to bypass these hurdles with DAG-based protocols and infrastructure without compromising scalability, privacy, and speed.
COTI helps businesses reduce their operational and processing fees by establishing their stablecoin infrastructure. COTI claims to be the first platform that optimises companies’ payments structures to allow such transactions. By placing both the money and data into the hands of the customer, COTI removes the volatility from these companies’ digital tokens and enhances dependability.
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COTI is the native token for a blockchain platform that creates robust payments solutions for businesses and corporations who want to scale their blockchain transactional infrastructure.
111 Cr. COTI
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