$COTI is the token on the decentralized fintech platform of the same name on BNB Chain, Ethereum and Energi that enables organization to build their own private payment solution and digitize any currency. The network is constructed based on proprietary Trustchain protocol. $COTI’s economic model is comprised of a mechanism for rewarding users for running nodes and arbitratorsfor participating in dispute resolution procedures. Transaction fees are the main income source for a sustainable economy.
$COTI’s platform enables companies to create advanced fintech products and save time, data and money. Cotipay can process various kinds of payment type, both in terms of online payments as well as offline ones. This includes crypto and stablecoins, as well as credit cards and even native coins. It has built-in financing to boot, with interest earned on deposits and loans. This also connects with the white label payment network. Traditional payment systems simply cost both merchants and customers amounts up to billions of dollars on an annual basis. As such, the white label payment network is a global payment network for users and merchants that make transactions freely.