By giving a layer of trust for all seller and buyer interactions, COTI removes the friction from the entire payment experience.
Our team includes veterans of the payments industry and Blockchain experts. COTI’s ecosystem of applications and services, currently under development, will include consumer wallets, merchant processing tools and a digital currency exchange facility. As a result of the explanation above, we list COTI at a low confidence speculative token. Available for Token Sale: 30% Based on the above analysis, we arrive at a score of 6.5 out of 10 for COTI. So the COTI team believes it will be able to effectively compete with them.
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- Trust scoring engine
Together, these features will allow COTI to outperform as a mainstream payment processing system.
Because of these features, the COTI team believes this network will be the most popular crypto-payment system in the future. COTI innovated using DAG for payments, built a generative Trust Chains algorithm that is used to achieve consensus and has introduced the Mediators, to decentralize payments dispute resolution. The principal competitors to COTI are both traditional credit-card companies like Visa and Mastercard and DAG payment networks like NANO and IOTA. Dubbed the “currency of the internet”, COTI is a digital currency expressly built for payments. COTI is equipped with features such as instant credit, network-based market making, decentralized mediation, and risk-based pricing for ensuring a smooth and vibrant payment ecosystem.
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COTI network users can expect low-to-zero fees, full buyer-seller protections, a robust Trust Scoring Engine and decentralised Mediation System.
COTI team is also committed to creating a fully compliant ecosystem in order to eliminate the greatest barrier to mainstream cryptocurrency consumption, regulation. COTI has dedicated themselves to providing a positive user experience so buyers and sellers enjoy the payment platform with low fees, and high security. This payment network sets the standard for how digital payments should work in the digital currency era. Market marker: 15% of the funds collected through the ICO will be used to fund the automated market marker of COTI. In other words, the liquidity that the Bancor smart contract provides will boost the efficiency and speed of the COTI network.
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COTI hopes to bring change by acting as the digital currency of the internet, or first to receive widespread adoption in consumer transactions.
Initially these hedging services will be limited to only a 30-day period, and will cover payments made with COTI’s native currency (XCT). Social & Operations COTI is a payments transaction network supported by a native digital currency. At the time of a transaction COTI will put in place instant settlements so merchants will be able to reduce, or eliminate their exposure to currency fluctuations. The COTI team is made up of experts in software engineering, marketing, and blockchain technology. COTI is a decentralized payment solutions combining the best of traditional features and the secured, immutability of the digital system.
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COTI plans to help create this change by becoming the first digital currency to allow international consumer transactions.
The COTI team will receive 10% of the tokens issued while advisors will receive a further 5%. This payment system is powered by its native digital currency, XCT. As expected the COTI team possesses many individuals from the software engineering space in order to contribute t the production of the protocol and Trust Scoring Engine. The token sale for COTI (XCT) is currently ongoing as the private sale is now being conducted. COTI is a unique payment transaction network that is powered by its own native digital currency, XCT.
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COTI is a payments transaction network that was built from the ground-up to solve the payments challenges of today.
At the same time, other DAG payment systems do not offer dispute resolution, so COTI believes it will effectively be able to compete with them as well. However, the difficulty associated with adapting this new form of currency for daily use by consumers and merchants has created a void that FinTech startup, COTI, is set to resolve. COTI’s ecosystem will be fueled by its native digital currency, the COTI token (abbreviated as XCT). Images courtesy of COTI COTI is building a base protocol that is built for payments from the ground up. One blockchain company, COTI, is aiming to do just that.