COTI is happy to announce that we have partnered with two technology firms, Advanced Blockchain AG and nakamoto.to. Both firms possess a wide industry network and by leveraging this network, COTI will aim towards integrating its protocol — one that is scalable, fast and based on trust — into a range of businesses beyond the payments sphere. The two firms, with a strong belief in the COTI vision, have also invested capital into the COTI project.
Advanced Blockchain AG is a publicly listed German company, focusing on the design, development and deployment of DLT software for companies and their operations and services.
Michael Geike at
Advanced Blockchain AG, commented:
“With a strong focus on research and development, we can see the great potential of the COTI project. Together, we will explore real world implementation of the protocol across markets and industries.”
Michael Geike - Advanced Blockchain AGnakamo.to is a Berlin-based company that focuses on research, development, education and raising awareness on Distributed Ledger Technologies (DLT) with a special focus on novel DLT systems such as the Directed Acyclic Graph (DAG).
Robert A. Küfner at nakamo.to commented:
“Our business is focused on innovative DLTs, and COTI was a perfect match. Our team views COTI as a global tech solution, based on its DAG structure that is scalable and efficient.”
Robert A. Küfner - nakamo.toBoth the Advanced Blockchain AG and nakamo.to teams are comprised of high-level researchers and developers, all of whom work to advance the frontiers of DLT.
The partnerships with Advanced Blockchain AG and nakamo.to and will serve to further the development of COTI’s Trustchain, which functions on a directed acyclic graph (DAG) structure. Together COTI, nakamo.to and Advanced Blockchain AG will continue to work towards advancing the utilization of the DAG and raising awareness about this alternative to blockchain.
COTI CEO Shahaf Bar-Geffen further added:
“The COTI protocol will eventually become a platform from which businesses can build countless other apps beyond the payments use case.”
The partnerships also herald an important step in COTI’s marketing strategy across the European continent and in particular Berlin, the crypto-hub of Europe. Whilst nakamo.to will employ their marketing and community building techniques to spread the influence of COTI, Advanced Blockchain AG will be researching and exploring potential for development of the COTI protocol which may lead other businesses beyond the payments industry to also build their systems on the COTI protocol.
The partnerships come at a very exciting time, with COTI looking to establish itself across the globe and allow businesses everywhere to benefit from the Trustchain.
Team meetup in COTI’s head offices in Israel
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