COTI — CURRENCY OF THE INTERNET | The Blockchain Protocol That Restores Trust in the Payments Ecosystem.

Website: https://coti.io/
Overview Document & Technical Whitepaper

Executive Summary

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.

Official YouTube Presentation

A trusted protocol

COTI tech company, by creating a base protocol called Trustchain introduces a behavioral trust scoring algorithm and a decentralized POS method to resolve disputes between network parties. This automatically eliminates the unsure practices of untrusted middlemen, as the entire transaction processes will be based on this protocol. The COTI platform is robust, with a full payments ecosystem consisting of a Coin, a wallet, a debit card and an exchange.

Having completed a functional partnership with Processing.com, COTI launches into the market with an established base that grants access to 10,000 merchants. COTI’s team of experts includes team includes top management and R&D talent, veterans of the financial industry and Blockchain experts. The team of advisors and backers includes Greg Kidd (early investor in Twitter, Square, Coinbase, Ripple), Mr. Steven Heilbron (former CEO of Investec bank), Dr. Matthew Mcbrady (former CIO of Blackrock), founders of Processing.com and other reputable individuals.

Important Partners

Project vision

Mass adoption of digital currencies in the mobile era

A few years from now, digital currencies will play a central role in our lives, replacing coins, cash, cards and cheques. They will enable us to transact more easily, more cost-effectively and with greater security than ever before.

COTI aspires to bring about this change by reconciling the best of traditional payment systems with the best of digital currencies to become the Currency of the Internet.

Behind the team

The COTI team is comprised of individuals with extensive experience in the payments, cryptography and financial services domains. The core team is supported by internationally recognised advisors with backgrounds in payments, asset management, banking, marketing and more.

Project Roadmap

COTI’s roadmap sets out the key launch milestones that will shape development priorities between now and the end of 2021. The visual roadmap representation provided below is accompanied by detailed milestone explanations on the pages that follow.

Follow COTI on Social media

Facebook | Twitter| LinkedIn | Telegram| Medium| Reddit | Steemit

My Opinion About the Project

Benefits of Using Coti

Using this blockchain tech is an absolute delight for the consumers. Honest users can seamlessly navigate the labyrinth payment networks shopping their hearts out and not having to worry about paying exorbitant online payment processing fees or even worse, having their personal financial data and info leaking into the wrong hands. Personal data in the wrong hands is often a sure recipe for untold disaster.