Search Posts

COTI

In an era of “everything digital” currencies remain outdated.
Currently, it’s cheaper to pay in cash than to use banks, PayPal, Alipay and the like.
COTI is the first enterprise-grade fintech platform that empowers organizations to build their own payment solution and digitize any currency to save time and money

Blockchain
isn’t yet a solution
Instability, complexity and lack of scalability keeps it from the masses.

There is a strong need for a robust payment system that is as
seamless and scalable as traditional payments, while being as
cost-effective and secure as blockchain

COTI provides the 7 necessary elements for a perfect payment
infrastructure:

Scalability - COTI can process over 100,000 TPS, compared to 25,000 TPS in traditional payment systems and up to 20 TPS in common blockchain protocols.
Simplicity - COTI’s user and merchant-facing tools are seamless and extremely easy to use.
Buyer-seller protections - COTI provides the first ever dispute resolution system to safeguard users against errors, fraud and counterparty abuse.
Cost-effectiveness - COTI cuts out intermediaries and eliminates the need for costly mining, which drastically reduces costs and energy consumption.
Price stability - COTI is creating price stability technology, which is necessary for the mass adoption of blockchain for payments.
Instantaneity - COTI’s technology makes transactions, P2P payments and remittances instant, instead of taking hours or days to clear.
Security - COTI’s distributed ledger technology eliminates a single point of failure for enhanced security.

Trustchain
At the core of COTI’s infrastructure lies the Trustchain,
a proprietary consensus algorithm based on machine learning.

The Trustchain lies on a multi-DAG (directed acyclic graph) data structure, which works in tandem to drive up scalability, processing over 100,000 transactions per second (TPS).
DAG is the most suitable infrastructure for payments due to its scalability and low transaction costs.

Links:
l Website l Whitepaper l Twitter l Reddit l Explorer l

Team experience:

Shahaf Bar-Geffen CEO Serial entrepreneur
Dr. Nir Haloani CTO IBM (Former head of research), Owner of 14 patents
David Assaraf Co-founder, COO Former HSBC internal auditor, Financial specialist
Samuel Falkon Co-founder, VP business development FinTech pro
Niv Abramovich VP product Payments expert
Efrat Bar-Lev VP marketing Marketing pro
Yair Lavi CFO Former finance director at Plus500 UK, Financial specialist
Anton Suslonov Data scientist Expert in blockchain technology and applied mathematics
Eli Hallufgil Technology team leader Mathematician, Blockchain expert

Investors and Advisors

BLACKEDGE capital
EY
BLOCK CRAFTERS
HARD+YAKA
BASE 16
Lancaster group
WAVE financial
RECRUIT