COTI partners with DAVP to bring decentralized payments technology to Korea!

COTI
COTI
Published in
2 min readNov 21, 2019

COTI is pleased to announce that we have partnered with Davion Pay, a Korean payment solution provider and leading investment of Coinbit.

Davion Pay is a traditional payment processor in Korea serving both the online and offline payment markets. Davion Pay has recently transitioned into the blockchain payment sector as an investment of Coinbit, a leading Korean exchange, and are building a blockchain based payment solution designed to break down the boundaries of online and offline commerce in keeping with the rapidly evolving ICT and blockchain industry.

COTI and Davion Pay are combining forces in a strategic partnership to conquer the Korean payment industry. As part of the partnership, COTI will provide access to some of our payment technology, payment expertise, and technical advice. In return, Davion Pay will support COTI in the Korean market with introductions to key strategic partners in the traditional payment space along with introductions and assistance with listing on Korean exchanges.

“COTI is a highly respected payment solution in Korea and the blockchain space in general, It is our great honour to partner with COTI and work with some of their advisors in building our Davion Pay product. We expect great things of this relationship and expect further technical integrations between COTI Pay and Davion Pay as our project matures” said Brian Lee, CTO of Davion Pay.

COTI CEO Shahaf Bar-Geffen commented:

“We’re happy to put previous miscommunications behind us and work with Davion Pay in lending some of our payment technology, technical advice and payment expertise to the Davion Pay project. Korea is of great interest to COTI in both the blockchain and payment sectors so anything we can do to strengthen our foothold in the region and the blockchain and payment industry in general can only serve COTI well, both now and in the future”

For all of our updates and to join the conversation, be sure to check out our Telegram group and Telegram channel.

COTI Resources

Website: https://coti.io

Telegram: https://t.me/COTInetwork

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

Discord: https://discord.me/coti

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

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COTI
COTI
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COTI is the fastest and lightest confidentiality layer on Ethereum.