Digital financial technology platform COTI is an enterprise-grade network and is based on a Directed Acyclic Graph or DAG protocol, which means it is block-less or does not have blocks or miners. COTI is also focused on empowering organizations to digitize currencies and create a private decentralized cost-efficient, trust-driven, and instant payment solution.
MoreInstead of a blockchain-based database, COTI uses a Cluster, or a directed acyclic graph for its distributed ledger. So, for a transaction to get confirmation it has to validate two prior transactions; and this allows the system to asynchronously and simultaneously connect transactions while also increasing the rates of transaction confirmations according to the increase of network users.
MoreDo you want to buy COTI (COTI) with a credit card, or another payment option? This is possible easily and quickly at a crypto exchange such as Coinmerce.
MoreYou want to buy COTI? You can buy COTI using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see COTI, use the search function to search for COTI and click on the name. You can indicate for how many euros you want to buy COTI in the right window. Below is shown how much COTI you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy COTI when the price of COTI reaches your entered value. You can also execute a repeating order. Do you want to buy COTI with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive COTI.
A group of individuals with extensive knowledge and professional experience in financial services, cryptography, and payments established COTI in 2017. It was created to provide a decentralized solution to issues that merchants often encounter, like low approval rates and multiple intermediaries. The group thought of combining the best characteristics of traditional systems with the best of blockchain technology. COTI cofounder David Assaraf used to work at the Central Bank of Israel and at HSBC Israel as its chief external auditor, is joined by a team of professionals and experts. CEO Shahaf Bar-Geffen is a biotech and economics graduate who previously served as CEO of the digital marketing firm WEB3, which he also cofounded. Dr. Nir Haloani, COTI’s chief technology officer (CTO), was previously the head of research at IBM. Trustchain, the machine learning-based proprietary consensus algorithm that is at the center of COTI’s infrastructure, is responsible for increasing processing efficiency and speed, and lowering transaction costs.