COTI is the digital currency alternative to traditional payment systems like Visa, Mastercard and PayPal
Our vision is to empower global merchants and consumers to freely exchange value as simply as information is exchanged on the Internet.
Dr. Nir Haloani
CTO, Former Head of Research IBM
COTI’s 2D and 3D DAG simulation is now live
The numbers are rising – over 50,000 users and 2,000 merchants have already applied to COTI’s alpha net
COTI has partnered exclusively with Processing.com
COTI’s revised token economy and technological roadmap is live
Registration is open – join COTI today as a merchant, wallet holder or mediator
As Seen On
Solution: COTI cuts out the middlemen, without the downfalls of Cryptocurrencies
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
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
Why have digital currencies failed as a payment means?
Lack of buyer-seller protections
Complicated user experience
Absence of regulation
COTI BRIDGES THE BEST OF TRADITIONAL PAYMENTS AND THE BEST OF DIGITAL CURRENCIES
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.
Former CEO, Investec Bank UK
The Trustchain™ is a blockless payment system that is based on a DAG structure, which is highly scalable with low-to-zero fees and buyer-seller protections
The incumbent payment systems are riddled with high fees, long settlement periods and false positives, which drive down merchant profits.COTI aims to cut out the middlemen and solve these major shortcomings.
COTI benefits everyone
Low-to-zero fees translate to higher profits
Increased cash flow due to instant settlements
Reduction in unnecessarily declined transactions (false positives)
Equitable chargeback mechanism
Secure and private payment network
Full KYC and AML regulation
Simple peer-to-peer (P2P) payments
No need to give away personal details to merchants
The Trustchain™ Protocol
As an infrastructure protocol based over DAG, COTI offers a highly adaptable solution to leverage the scalability created by the DAG and ranking engine while ensuring equitable operations within the arbitration layer. The Trustchain replaces third party centralised trust with a proven mathematical algorithm, thus enabling value to be exchanged as safely and efficiently as information is exchanged on the Internet. The first use case of the technology to be developed is COTI PAY which specifically addresses the consumer-merchant payment industry.
COTI’S blockless payment system 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
Key milestones on COTI’s journey to improve payments
Key documents that provide detailed information about COTI
The Overview Document provides an end-to-end picture of the COTI project – from its origins and motivation through to its token sale and roadmap.
The Technical Whitepaper provides a technical treatment of COTI’s core technology.
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
Dr. Nir Haloani
IBM (Former head of research), Owner of 14 patents
Expert in FinTech applications
Expert in blockchain technology and applied mathematics
Former finance director at Plus500 UK, Financial specialist
VP Social & Community
Former HSBC internal auditor, Financial specialist
BACKERS AND ADVISORS
Dr. Matt McBrady
Former CIO, BlackRock
Former CEO Investec Bank UK
(Co-Founder) CEO Processing.com
Former CRO Ripple Labs
WINGS Foundation co-founder
Co-founder and CEO, Simplex
CEO, Luna Capital
Dr Zvi Gabay
Partner, Barnea & Co.
Processing.com – a single integration that will enable over 10,000 merchants to begin accepting COTI
Advising COTI with banking, processing and Debit cards issuing
Bancor will provide liquidity measures for the COTI network
Fingenome will serve as a market maker
The WINGS Foundation will provide the COTI network with prediction and analysis services
Stox will provide market prediction services for the COTI platform
GlobaliD will enable decentralized KYC procedures
HEXA LABS and ORBS are advising COTI with its decentralised application launch and maintenance
WEB3 will support COTI with its marketing and advertising efforts
Advanced Blockchain AG will be researching and exploring the potential for further development of the COTI protocol
nakamo.to will employ their marketing and community building techniques to spread the influence of COTI
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
COTI is the Currency of the Internet – the fastest, easiest, most cost-effective and reliable way to pay