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COTI and World Mobile are Partnering up to find ways to Connect the Unconnected

We are happy to announce our partnership with World Mobile, which was founded with a far-reaching goal: to connect everyone, everywhere while advocating for economic freedom and dignity through its mobile network. World Mobile’s services will generate transactions to be settled or in both the settlement layer (Cardano’s public blockchain) and in the WMC layer (World Mobile Chain, effectively working as a side chain of Cardano).

With this partnership, ADA Pay will be offered for retailers and merchants, and enable its users to pay with ADA, starting in Africa and expanding to all undeveloped areas.

World Mobile’s first use case is in East Africa and aims to bring millions online over the coming years. There are obvious synergies between our companies. We both have a part in the Cardano ecosystem and share values of bringing the cutting edge of technology to those who need it the most, including the unconnected.

ADA Pay will be offered for African retailers and merchants connected to the World Mobile network. ADA Pay is already being integrated with various African NGOs and charities, and so far it has processed nearly 100,000 ADA in donations. We are happy to collaborate with World Mobile to offer solutions for developing areas in Africa and beyond.

In addition to the above, we’re working on ways to integrate DJED into the World Mobile Ecosystem.

Charles Barnett, Chief Business Officer of World Mobile said:
“We are proud to announce our partnership with COTI. The collaboration between our projects will lead to a better connected and tech-savvy Africa, with crypto mass adoption at the forefront. The solution works, and World Mobile is proud to be able to partner with COTI to bring ADA Pay to the rest of Africa, and the world.”

Yair Testa, Head of Business Development at COTI said:
“We are happy to be partnering with World Mobile for such a good cause. We believe that this partnership will start with the integration of ADA Pay and has the potential to expand to the integration of Djed and $COTI. We are eager to watch the partnership grow”.

All fees from ADA Pay will be streamlined to the Treasury and distributed as rewards to the users.

Stay COTI!

About World Mobile

World Mobile was founded with a far-reaching goal: to connect everyone, everywhere while advocating for economic freedom and dignity. Unlike traditional mobile networks, we’re based on blockchain and the sharing economy. Local business owners in unconnected regions can operate affordable nodes on our network and bring their community online while sharing the rewards — World Mobile Tokens.

For all of our updates and to join the conversation, be sure to check out our channels:

Website: https://coti.io

Twitter: https://twitter.com/COTInetwork

Telegram: https://t.me/COTInetwork

Github: https://github.com/coti-io

Discord: https://discord.gg/9tq6CP6XrT

Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

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COTI

COTI

COTI is a DAG-based Layer 1, specifically designed for Enterprises. COTI’s Protocol is scalable, fast, private, inclusive, low cost and is optimized for finance