The world’s first DAG protocol optimized for creating decentralized payment networks and stable coins

Our technology stands to revolutionize crypto adoption by becoming the base layer upon which future decentralized payments solutions are built and stable coins are issued.

Shahaf Bar-Geffen

CEO

Watch COTI's Trustchain AlphaNet launch on CNBC

COTI won first place at DLD Tel Aviv Innovation Festival's Pick a Startup Competition sponsored by Google!

Save the date! COTI is hosting a meetup in Berlin on 13 September, 2018

COTI joins forces with the leading tech company SciDex

Be sure to join COTI on Disord

We are very excited to share COTI's biggest technological achievement with you

Meet us at the CDAD conference on 15-16 September, 2018 in Vietnam, and at Consensus Singapore conference taking place September 19-20, 2018.

As Seen On

COTI provides an end-to-end white label solution designed for use by:

Enterprises

Enterprises can explore new business models by offering payment networks to customers and absorbing market share from Visa, Mastercard and PayPal.

Decentralized payment networks

COTI provides a protocol optimized towards decentralized payment networks so companies can focus on key business aspects instead of infrastructure.

Merchants

Merchants can create their own branded payment network, which can save them millions of dollars in fees.

Stable coins

COTI supplies the infrastructure and needed features tailored for stable coins, including scalability, high speed and near zero fees.

Developers

COTI is the ideal solution for developers who require a high throughput protocol with DAG benefits.

Governments

Governments that adapt blockchain technology typically integrate stable coins into their efforts. COTI provides the required infrastructure needed for governments to provide stability and usability in their networks.

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COTI addresses and takes into account a number of the key pain points that merchants and buyers alike have on a daily basis. COTI actually shifts the paradigm in a way that digital currencies now represent the future

avi

Avi Chesed

CEO, Processing.com

COTI’s platform

COTI’s platform combines layers of infrastructure, services and applications to support payment applications, stable coins and enterprise solutions

At the core of COTI’s infrastructure lies the Trustchain, a proprietary consensus algorithm based on machine learning, which dramatically decreases transaction costs and increases processing speed by assigning trust scores to transactions and clustering it in chains.

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

Our technology stands to revolutionize crypto adoption by becoming the base layer upon which future decentralized solutions are built.

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COTI’s DAG-based protocol combines infrastructure, services and application layers to create a holistic payments solution which is modular and fully customizable.

nir

Dr. Nir Haloani

CTO

Trustchain key innovations

Proof of Trust (PoT)

The COTI PoT hashing algorithm consists of multiple hashing algorithms operating in chain fashion with the ordering dependent on the last 16 bytes of the hash of the previous block.

Trust Score consensus

COTI has developed a new approach to achieving consensus between transacting parties operating on a DAG-based data structure by using Trust Scores. The Cluster achieves scalability through its use of parallel source selection and transaction confirmations, as well as its use of COTI Trust Scores.

Arbitration Service

COTI offers a ready to use buyer-seller protection service. Users can chargeback a transaction in cases of fraud or any other dispute related to deals settled through the COTI payment system.

Double Spend Prevention (DSP) Nodes

Transactions require the signature of a Double Spend Prevention (DSP) Node before they can be considered fully confirmed, while any detected double-spending attempts are flagged and refused.

COTI's blockless data structure is based on a directed acyclic graph (DAG).

Innovating from blockchain technology, this improved protocol is highly scalable and centered around trust

Introducing the Trustchain Consensus Protocol

COTI’s unique consensus mechanism that utilises user Trust Scores to confirm transactions

COTI’s pragmatic approach to achieving scalability in a decentralized architecture without compromising security

As opposed to PoW, PoS and dPoS, COTI’s DAG-based distributed ledger is best suited for performance apps and extreme scalability.

Services

The COTI PoT hashing algorithm consists of multiple hashing algorithms operating in chain fashion with the ordering dependent on the last 16 bytes of the hash of the previous block.

Buyer-seller protections

COTI has developed a new approach to achieving consensus between transacting parties operating on a DAG-based data structure by using Trust Scores. The Cluster achieves scalability through its use of parallel source selection and transaction confirmations, as well as its use of COTI Trust Scores.

COTI Pay is the first internally developed application on the COTI platform to utilize a fiat-pegged stablecoin, the COTI-DIME. It targets both e-commerce and POS payments and is equipped to initially process tens of thousands of TPS with virtually no price volatility.
COTI Pay also provides fully customized white label wallets for consumers and merchants.

Solution:
COTI Pay cuts out the middlemen, without the downfalls of Cryptocurrencies

solution

CHALLENGE

Traditional payment systems cost consumers billions of dollars every year

  • High fees that can go all to way to 15% for merchants, leading to higher product costs for consumers
  • Declined transactions drive down merchant profits
  • Decreased merchant cash flow due to long settlement periods
  • Complicated multi-currency support, high spreads and exchange rates
  • Over two billion people around the world remain unbanked

Why have digital currencies failed as a payment means?

  • Scalability challenges
  • Volatile prices
  • Lack of buyer-seller protections
  • Complicated user experience
  • Absence of regulation
COTI PAY BRIDGES THE BEST OF TRADITIONAL PAYMENTS AND THE BEST OF DIGITAL CURRENCIES
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COTI represents the next generation of digital currencies. This is a currency and a payment platform that is simple, transparent, trustworthy, instant and scalable. Using COTI is as easy as using a credit card, easy to accept and tracked. COTI represents the next generation of digital currencies. It brings the current standards of the financial services industry into the digital sphere.

steven

Steven Heilbron

Former CEO, Investec Bank UK

Consumers will enjoy:

  • Cash back
  • Near-zero fees
  • Buyer-seller protections
  • User-friendly interface
  • Seamless integration into e-commerce sites and debit cards

Merchants will benefit from:

  • Near zero fees
  • Instant settlements
  • Improved cash flow
  • Low rolling reserve requirements
  • Regulated payment ecosystem

COTI Pay also integrates with online checkout processes:

Point of sale (POS) integration

COTI offers a full POS software suite that seamlessly integrates with the COTI platform. By utilizing the COTI POS, merchants will also be able to accept normal credit and debit card transactions.

Debit cards

A debit card will be issued that supports point of sale (POS) operations by enabling COTI native coins to be spent at millions of points of sale around the world.

Join COTI Pay as a merchant

Join COTI Pay as a user

Join COTI Pay as an arbitrator

TEAM

Team experience

The COTI team is comprised of individuals with proven experience in the payments, cryptography and financial services industries. The core team is supported by internationally recognised advisors including experts in asset management, banking, marketing and blockchain.

COTI’s team members have been hand-picked from leading companies, such as IBM, Ripple, Blackrock, HSBC, Investec Bank UK and Plus500 amongst many others.

Meet the team

Shahaf Bar-Geffen

CEO

Serial entrepreneur

Dr. Nir Haloani

CTO

IBM (Former head of research), Owner of 14 patents

David Assaraf

COO

Former HSBC internal auditor, Financial specialist

Eli Hallufgil

Technology team leader

Mathematician

Yoni Neeman

Software Engineering

Expert in FinTech applications

Anton Suslonov

Data scientist

Expert in blockchain technology and applied mathematics

Yair Lavi

CFO

Former finance director at Plus500 UK, Financial specialist

Samuel Falkon

Co-founder, VP business development

FinTech pro

Efrat Bar-Lev

VP marketing

Marketing pro

BACKERS AND ADVISORS

Dr. Matt McBrady

Former CIO, BlackRock

Steven Heilbron

Former CEO
Investec Bank UK

Avi Chesed

(Co-Founder)
CEO Processing.com

Gregg Kidd

Former CRO
Ripple Labs

Stas Oskin

WINGS Foundation co-founder

Alex Yamashita

Partner TLDR; formerly Goldman Sachs

Nimrod Lehavi

Co-founder and CEO, Simplex

Lindsey Maule

CEO, Luna Capital

Dr Zvi Gabay

Partner, Barnea & Co.

ROADMAP

Key milestones on COTI’s journey to improve payments

Partnerships

Backers

COTI is proud to serve leading enterprises and projects and to work closely with industry leaders.

VIDEOS

Discover the Currency of the Internet

COTI - Currency of the Internet

Apr 9, 2018

COTI CEO Shahaf Bar- Geffen interview at The Crypto Investor Show in London.

Apr 1, 2018

COTI – The best of traditional payments and digital currencies

Dec 17, 2017

Connect

We believe that decentralization is the future and that the Trustchain is the next generation blockchain 3.0 solution, which will bring the world one step closer to achieving mass adoption of cryptocurrencies.