COTI’s Latest Partnerships
COTI is excited to announce its latest roundup of partnerships
decent is constructing the future of the digital economy through cryptography. It has been founded by expert software developers with extensive experience deploying production applications in dozens of programming languages.
As a team of software and product industry experts, decent thinks through business models and craft-inspiring products around them to build the finest blockchain products. decent’s value lies in their ability to leverage a diverse range of skill sets and relationships to execute blockchain centric projects from conceptualization to completion.
globaliD will be leveraged by COTI to ensure frictionless, fast and secure identity verification for its expanding user base. By integrating with globaliD’s decentralized platform, COTI will seamlessly integrate users and manage permission and compliance for users’ levels of access, with personal information securely stored and encrypted.
globaliD’s platform enables secure, portable and reliable identity verification through permission-based processes that leverage the benefit of blockchain technology. This complements COTI’s network for decentralized and scalable payments, as well as its cutting-edge DAG (directed acyclic graph) structure and base protocol known as the Trustchain.
Simplex, based on advanced AI technology, is an automated system that streamlines online payment processing while assessing risk with maximum speed and accuracy. Simplex integrates with online crypto exchanges to fulfill the credit card payment process. Hence, Simplex is responsible for risk analysis, processing payments with credit card companies to finalize transactions. Simplex is licensed as a payment institution in the EU and operates in accordance with the Payment Card Industry Data Security Standard (PCI DSS).
Nimrod Lehavi commented:
“There are no shortcuts to guaranteeing security for online payment processing. Our in-depth experience and collective track record at Simplex will position us to provide the best solutions for all businesses looking to operate in a risk-free online environment. COTI is one of them, and I’m excited to provide my insights into facilitating risk-free online payment processing.”
Transact Europe has an established pedigree in the acquiring and issuing industries, facilitating merchant-specific needs across a range of verticals since 1998.
Transact Europe will create the infrastructure necessary for banking system connectivity in order to process fiat currency transactions. COTI will further benefit from their network of over 10,000 merchants.
Processing.com provides worldwide multi-currency processing power with value-added services and bespoke reporting. The platform provides a gateway through which merchants can accept online payments with ease and confidence.
Processing.com will enable COTI to leverage their card processing infrastructure and benefit from their partners’ relationships with 10,000+ merchants. Avi Chesed and Jon Avganim are the co-founders of Processing.com and have established several successful payments-related companies.
Isazi has been chosen by COTI for a partnership to further support its R&D efforts in developing its Trustchain algorithm and Mediation System.
Isazi Consulting is a specialist AI, machine learning, and optimization company that builds AI engines for companies from a range of industries. Isazi’s skills have been applied across a number of disciplines, including software and app development, fraud detection, pharmaceuticals and airline optimisation.
Ashley Anthony, CEO of ISAZI Consulting, commented:
“We partnered with COTI on the mathematical content and proofs of their core algorithms, and on designing simulations to stress test the system and rapidly prototype new algorithms. The design and implementation of a robust DAG-based cryptocurrency, algorithmically determined Trustchain and Mediation System was a really interesting problem to solve! It has been a pleasure working with the technical team at COTI to solve this. They are knowledgeable, responsive and creative and are committed to building the world’s most reliable payment platform using cryptocurrency.”
Hexa Labs will lend its expertise in developing advanced technical and design components within the COTI platform.
Hexa Labs is a leading global consultancy and advisory company whose proficiency lies in solving complex blockchain challenges. Hexa Labs creates effective solutions that assist its clients with launching industry-leading decentralized applications.
Uriel Peled, co-founder of Hexa Labs commented:
“We are very excited to work with COTI. Blockchain technology is perfectly suited for payments, and COTI is taking full advantage of this. Our work with COTI will position them to become the leading digital payments network.”
Advanced Blockchain AG and nakamo.to are two technology firms with whom COTI has partnered with. Both firms possess a wide industry network and by leveraging this network, COTI will be able to integrate its Trustchain protocol — one that is scalable, fast and based on trust — into a range of businesses beyond the payments sphere. The two firms, with a strong belief in the COTI vision, have also invested capital into the COTI project.
Michael Geike at Advanced Blockchain AG, commented:
“With a strong focus on research and development, we can see the great potential of the COTI project. Together, we will explore real world implementation of the protocol across markets and industries.”
Robert A. Küfner at nakamo.to commented:
“Our business is focused on innovative DLTs, and COTI was a perfect match. Our team views COTI as a global tech solution based on its DAG structure that is scalable and efficient.”
Luna Capital, a Silicon Valley VC, has invested in COTI, with CEO Lindsey Maule joining COTI’s board of advisors. Luna Capital’s mission is to identify winning projects and assets that are going to grow and improve the cryptocurrency ecosystem, solve problems, rise in market cap and provide long-term value. They are especially interested in DAG-based projects that strive to improve the limitations in blockchain technology today.
“I believe DAGs are the next generation of blockchain and have the potential to disrupt the status quo in a range of industries,” said Maule.
Bancor is a decentralized liquidity network that provides users with a simple, low-cost way to buy and sell tokens. Bancor’s open-source protocol supports tokens through built-in exchangeability by way of smart contracts, thus enabling tokens to be instantly converted without needing to match buyers and sellers in an exchange. The Bancor wallet facilitates automated token conversions directly from within the wallet at more predictable prices than exchanges.
COTI’s integration with Bancor will enable the activation of ERC-20 tokens in the Bancor network to ensure continuous liquidity between COTI and other tokens. To this effect, the COTI community will be able to benefit from uninterrupted conversions and formulaically calculated prices.
WEB3, a digital marketing group founded in 2006, specializes in advanced digital marketing solutions utilizing data-science and cutting-edge technologies.
The creatives at WEB3 will assist COTI with broadening its digital footprint around the world by utilizing cutting edge marketing techniques.
CoinList is a platform dedicated to token-based financial services, which focuses on the logistics, compliance and regulatory oversight associated with establishing a financial instrument.
CoinList has developed an audited, bank-grade compliance process, performing KYC and AML compliance due diligence and investor accreditation, which will assist COTI where necessary.
CoinList also has a large network of investors, which will facilitate the sale of COTI tokens. To date, the CoinList infrastructure has handled over $850 million in investments.
WINGS is a blockchain platform that seeds and nurtures a community dedicated to the launching, backing and promotion of new project proposals through a fluid organizational model known as DAO (Decentralized Autonomous Organization). DAOs implement self-determining and independent organizational governance, management and operations using immutable blockchains and smart contract execution.
COTI will be placed on the WINGS platform, along with other high-value proposals. Sebastian Stupurac, co-founder of WINGS, and Stas Oskin, BizDev at WINGS, will also join COTI’s advisory board as DLT and community advisors.