Title: COTI’s Blockchain-Based Protocol Helps Restore Trust in The Payments Industry Post by: COTInetwork on April 25, 2018, 12:22:11 PM Article by Ken Walker (http://www.icodesk.io/author/icodesk/)
https://i.imgur.com/IjClxhN.jpg There are a lot many cryptocurrencies available today in the market, however, most of them are majorly used as a store-of-value or for trading purposes with little application in the real-time payment industry. The scalability challenges associated with digital currencies have prevented them from being used for daily transactions. At the same time, the online commerce across the globe has been growing at an unprecedented rate backed by the technological revolution of mobile and online payment systems. However, the online and mobile payments solutions are inadequate to cater to the demand with a limited market growth that ultimately results in the downgrading of the user and merchant satisfaction. Moreover, there are multiple issues with the existing payment systems like high processing fees, long settlement periods, the absence of a shared trust mechanism, lack of multi-currency support and much more. COTI aims to put an end to all these issues by building its own decentralized and scalable payment network which facilitates efficient global commerce. By using the cutting-edge Distributed Ledger Technology (DLT) along with the traditional payments systems, COTI aims at promoting the mass adoption of digital currencies. COTI (https://coti.io) aims to provide merchants and consumers with a seamless payments experience using its own digital currency – Currency Of The Internet (COTI) – while creating a comprehensive payment system consisting of several key features. Key Features of COTI
More details on the business can be viewed in the whitepaper (https://coti.io/en/files/COTI-technical-whitepaper.pdf). The COTI Team The COTI team comprises of a list of veterans who have diverse experience across multiple fields of asset management, cryptography, payment and banking industry. Its advisory team consists of people having worked in prestigious financial institutions like BlackRock, HSBC, Invested Bank, Processing.com and Markets.com.The COTI team is all set to launch the first phase of the COTI network by the fourth quarter of 2018. The COTI community is continuously to grow at a rapid rate. If you have any questions, you are welcome to get in touch with us on Telegram or via e-mail. We will be providing further updates in the near future. https://i.imgur.com/uPYVcNS.png https://i.imgur.com/LDAcMgN.png https://i.imgur.com/izXBen0.png https://i.imgur.com/kzC1EMY.png https://i.imgur.com/zJIemCQ.png https://i.imgur.com/csSrUDf.png Talk with us on Telegram (https://t.me/COTInetwork) Official Facebook (https://www.facebook.com/COTInetwork/) Official Twitter (https://twitter.com/COTInetwork) Official Reddit (https://www.reddit.com/r/cotinetwork/) Official Youtube Channel (https://www.youtube.com/channel/UCl-2YzhaPnouvBtotKuM4DA) COTI Group (https://https://www.linkedin.com/company/coti-ltd/) |