While the majority of digital currencies were not designed with a primary use case being able to facilitate retail payments, at COTI, payments are our primary function.
COTI’s vision is to build a decentralised and scalable payments network to facilitate efficient global commerce. This will set the standard for a next generation payment solution that is trust-driven, instant, cost-effective and supportive of a multi-currency wallet. By reconciling cutting edge distributed ledger technologies with the best of traditional payment solutions, COTI will be poised to spearhead the mass adoption of digital currencies in the mobile era.
We are first and foremost a technology company and our focus has been on creating a base protocol known as the Trustchain™ that incentivizes good network behaviour.
Our first implementation for the COTI Trustchain™ protocol is the payments space — a two trillion dollar industry that hasn’t been innovated upon for the past 30 years. COTI enables instant payments using a single, unified currency for online transactions. It is the next generation of digital currencies that is simple, transparent, trustworthy, instant and scalable.
The COTI leadership team is comprised of individuals with extensive experience in the payments, cryptography and financial services domains, and is supported by an internationally recognised group of advisors. The team and its advisors have gained senior experience at leading institutions including Processing.com, PAY.COM, Investec Bank, BlackRock, HSBC, UBS, Bain Capital, Ripple Labs, The Wharton School and the U.S. Department of Treasury.
The COTI community is continuously growing at a rapid rate. If you have any questions, you are welcome to get in touch with us on Telegram or via email. We will be providing further updates in the near future.
