In the decentralized economy of the future, there is a need for a decentralized payment platform - meet COTI.
COTI is building a platform that creates payment networks over DAG. It powers up merchants, payment service providers, developers and financial organizations with a full solution that can help them replace cash, credit cards, and banks.
COTI's 30 people team is built from highly experienced individuals from IBM (Former head of research), Ripple (former CRO), Blackrock (Former CIO), Investec Bank (Former CEO), and Israeli elite army intelligence units.
Rated on Oct 1, 2018
This is a commercial project that needs strong execution to realise. The team is strong. Market will be tough. Interesting choice of blockchain. Will follow to see measured progress.
Rated on Feb 26, 2018
Rated on Mar 3, 2018
Rated on Sep 18, 2018
The team seems to be complete. Although the concept is very desirable, it is unknown what kinds of USPs exist in this large number of competing industries.
Rated on Mar 1, 2018
Rated on Mar 15, 2018
One more cryptocurrency providing international payments. Unfortunately, there is nothing about how the company will be able to compete.
Rated on Apr 11, 2018
Rated on Apr 23, 2018
Trustchain is a good concept and looking forward to POC, good luck.
Rated on Apr 30, 2018
Team passed kyc
Rated on Apr 18, 2018
Rated on Apr 5, 2018
Rated on May 4, 2018
Solid enough project
Rated on May 7, 2018
to be reviewed soon.
Rated on Mar 11, 2018
Rated on Aug 16, 2018
COTI (Currency of the Internet) is planning to make a scalable, decentralized payment network for global commerce. COTI will have a a trust mechanism, decentralized mediation system, multi-currency wallet, and native currency exchange into the network. All powered by "The Cluster", which is a DAG based ledger - with which COTI is aiming to reach transaction speeds up to 10.000 TPS. Their mainnet is set to launch in Q2 2019, whereas their debit card is set for 2020. They will have a lot to do and it might take a long time for projects supported by COTI to launch.
COTI's team is very big and they have some good advisors on board as well. However, I am unsure whether the team can find enough merchants that will opt in with their hedging service, allowing merchants to reduce, or even completely eliminate their exposure to near term price fluctuations.
Interesting seeing moving this forward, but the team will have a lot to do. Their roadmap is pretty stretched out and a lot might happen in the mean time.
Rated on Aug 25, 2018
+ Codi ecosystem with multifaceted participants node, operator, mediator and end user
+ conducted competitor analysis
+ skilled team and solid advisors
+ platform has already existing users and merchants
- already a lot of DAG based projects these days
- derivative hedging not user friendly and questionable adoption
Rated on Jul 31, 2018
Strong team, concept, partnerships and backed up by a really big community.
The block-less payment system "Trustchain" based on DAG structure can totally disrupt the industry!
Pre-sale sold out in 27 hrs (~3MM USD collected) future looks really promising for COTI!
Rated on Aug 3, 2018
The idea of disrupting the MasterCard and the Visa duopoly is a great idea but a huge undertaking that will be met with fierce competition and resistance. Both MasterCard and Visa have already applied for many blockchain related patents which is a sign that they are preparing to disrupt the blockchain competition from their side. The assembled team is professional and most come from a banking related background which is vey positive aspect of disrupting project. One drawback and at the same a big challenge is the hard cap of $30M which might appear to be a lot but by comparison is “chump change” for the likes of Visa and MasterCard. If necessary, both credit card companys could deploy massive amounts of cash and utilise advanced and vastly scalable technology to simply crush the competition and solidify their duopoly even more. The COTI team needs to strongly contemplate this matter and prepare for a very intense battle on all fronts. COTI’s vision is daring and challenging at the same time and I hope they come out winning.
Rated on May 15, 2018
Rated on Mar 4, 2018
We need more of these, good concept
Rated on Oct 15, 2018
Strong team with proper experience. Great concept with a very unique technical design. The platform already has users and merchants on board. Gaining traction will be a challenge, but all tokenized merchant services face this sale challenge.
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TeamApply as an advisor
Research & Software Engineering
(Co-Founder) Business Development
Carlos M. Martins
Gibraltar Business Director
Dr. Nir Haloani
Marketing and public relations
Social & operations
Albert A. Levi
Dr. Matt McBrady
Former CIO & MD BlackRock
(Co-Founder) President Processing.com
Blockchain Funding Expert
Risk Management Advisor
Prof. Martin Fochmann
Professor University of Cologne
Dr. Stephan Wessel
CEO Arcana Capital
CEO, Luna Capital
Dr Zvi Gabay
Partner, Barnea & Co.
Co-founder and CEO, Simplex
Serial entrepreneur, DLT blockchain innovator
Group CIO, Tulla Private Equity Group
Foundation and R&D.
Consensus White Paper release.
Onboarding Design Partners.
T1 Token sale - $15M.
Alpha release trustchain.
Test net release.
COTI coins minting.
First partners applications roll out.
Advanced partners applications roll out.