Description

COTI Pay Bitcoin Processing Gateway An easy way to receive online Bitcoin payments on your website.

Combining distributed ledger technologies with traditional payment solutions, COTI aspires to set a next-generation decentralized payment solution that is trust-driven, instant, and cost-effective. COTI sets itself apart from other payments solutions, by providing a thorough solution that consists of an innovative trust mechanism, a decentralized mediation system, a multi-currency wallet (Fiat and Crypto), and native currency exchange. The driver of the COTI ecosystem will be the COTI coin, a native digital currency. COTI’s distributed ledger is based on a directed acyclic graph (DAG) data structure, similar to the underlying technology of IOTA network. Using the DAG, COTI will allow 10,000+ transactions per second, much more than is needed (VISA peak hours requires ~4,000 t/s). The team, which consists of 27 full-time members, is hard working on COTI and has laid out a detailed structure for their future network. COTI is to raise ~30 M USD via a private and public coin offering. They already attracted a large and dedicated community, and successfully raised ~10M USD in their private sale.

Key problem Solved

COTI (Currency of The Internet) aims to build a decentralized and scalable payments network to facilitate efficient global commerce.