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About COTI

COTI (COTI) is a cryptocurrency launched in 2019. COTI has a current supply of 2.00Bn with 1.79Bn in circulation. The last known price of COTI is 0.098595258344 USD and is -0.00579102992 over the last 24 hours. It is currently trading on active market(s) with $23.69M traded over the last 24 hours. More information can be found at https://coti.io/.

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COTI Price Statistics
COTI’s Price Today
24h Price Change
-$0.005791029925.55%
24h Volume
$23.69M25.60%
24h Low / 24h High
$0.05246675 / $0.05436908
Volume / Market Cap
0.134084934803
Market Dominance
0.01%
Market Rank
#343
COTI Market Cap
Market Cap
$176.71M
Fully Diluted Market Cap
$197.19M
COTI Price History
7d Low / 7d High
$0.047575 / $0.05896305
All-Time High
$0.68256948Nov 01, 2021
All-Time Low
$0.00622556Nov 09, 2019
COTI Supply
Circulating Supply
1.79Bn
Total Supply
2.00Bn
Max Supply
2.00Bn
Updated Nov 14, 2024 10:01 pm
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COTI
COTI
$0.098595258344
$0.00579102992(-5.55%)
Mkt Cap $176.71M
There's nothing here for now
COTI Partners with Civic to Enhance Digital Identity Protection
COTI Partners with Civic to Enhance Digital Identity Protection
According to CryptoPotato, web3 infrastructure and data protection firm COTI has entered into a partnership with digital identity management platform Civic to provide users with confidentiality and self-sovereignty over their digital identities. The collaboration will enable Civic to utilize COTI V2's Ethereum-based confidentiality layer, which offers a Dynamic decentralized identity (DID). COTI V2's confidentiality layer allows users to manage their digital identities, preventing data breaches, non-consensual monetization, and hacks by offering verification, computation, and encryption services. Both COTI and Civic aim to provide users with complete data privacy as they interact with decentralized applications (dApps) and explore Web3 use cases. These dApps will engage with Civic's digital identities and insights without accessing sensitive information. COTI's Dynamic DID leverages the network's garbled circuits, providing on-chain privacy with a computation speed up to 1,000 times faster than other encryption systems. The Dynamic DIDs will utilize Civic Pass, while Civic will serve as a design partner, integrated with COTI V2 throughout all stages of the blockchain's development. Civic Pass is a verified credential and private, non-transferable token in a user's wallet, used to meet anti-money laundering (AML) and know your customer (KYC) requirements. COTI and Civic view their partnership as a significant step towards granting users self-sovereignty over their virtual identities, particularly as more individuals enter the web3 space. Customers will be able to fulfill regulatory requirements without disclosing their data. COTI CEO Shahaf Bar-Geffen expressed excitement about integrating COTI V2's confidentiality layer into Civic's platform and working with Civic's professional team to bring Dynamic DID into full production. This announcement follows Civic's recent unveiling of a physical identity card as part of its ID system, aimed at combating fake artificial intelligence-generated identities and fraudulent identity schemes like face farming.
Mar 27, 2024 10:03 pm

Frequently Asked Questions

  • What Is COTI (COTI)?

    COTI markets itself as the first enterprise-grade fintech platform that empowers organizations to build their own payment solutions as well as digitize any currency to save time as well as money.

    COTI is one of the world’s first blockchain protocols that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers.

    COTI Pay is the first application. It describes itself as a fully encompassing finance on the blockchain. The COTI Group launched in March of 2017, while the Staking Platform Launched on Jan. 1, 2020.

    It is an ecosystem that is designed specifically to meet all of the challenges associated with traditional finance, including latency, fees, global inclusion and risks. This is done through the introduction of the DAG-based protocol as well as infrastructure that is completely scalable, private, inclusive and fast.

    The ecosystem has DAG-based blockchain, proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), a universal payment solution and a payment gateway.

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  • What Makes COTI Unique?

    The thing that makes COTI unique is COTI’s platform.

    This platform enables companies to effortlessly create advanced fintech products and save time, data and money. COTI pay can process every kind 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 throughout a digital wallet, coin and much more.

    COTI is also the world’s first platform that is optimized for the creation of coins that are stable in price. As such, a user has the ability to issue their own stable coin and regain full control over both their money and their data.

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  • How Many COTI (COTI) Coins Are There in Circulation?

    COTI (COTI) has a maximum supply of 2,000,000,000 COTI coins.

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  • How Is the COTI Network Secured?

    COTI has an infrastructure that is based on the DAG protocol and their Trustchain algorithm. Above this infrastructure layer lies the services layer known as Coti X. Coti X offers KYC and compliance, interoperability exchange, buyer-seller protections and stability frameworks. Then you have the COTIPLAY layer, which offers externally developed stable coins, externally developed payment apps and much more.

    COTI uses a hash table as its data structure which is based on chaining. This means that the blockchain itself can secure the computing and privacy of customers. The COTI protocols have made the system a lot more secure for both buyers and sellers.

    As such, COTI has an ecosystem that provides robust cybersecurity measures around data integrity as well as confidentiality.

    The COTI wallet is based on the React Native Framework and provides cross-platform functionality and portability. The COTI wallet requires user credentials and is paired with 2FA login in order to establish a connection with the node manager. Once this is established, all communication requires the wallet’s seed. This means that all of the messages are validated and no spoofing or manipulation is possible within this system.

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  • What is the all-time high price of COTI (COTI)?

    The all-time high of COTI was 0.68256948 USD on 2021-11-01, from which the coin is now down 85.55527880560966%. The all-time high price of COTI (COTI) is 0.68256948. The current price of COTI is down 85.55527880560966% from its all-time high.

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  • How much COTI (COTI) is there in circulation?

    As of , there is currently 1.79Bn COTI in circulation. COTI has a maximum supply of 2.00Bn.

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  • What is the market cap of COTI (COTI)?

    The current market cap of COTI is 176.71M. It is calculated by multiplying the current supply of COTI by its real-time market price of 0.098595258344.

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  • What is the all-time low price of COTI (COTI)?

    The all-time low of COTI was 0.00622556 , from which the coin is now up 1483.717100855184%. The all-time low price of COTI (COTI) is 0.00622556. The current price of COTI is up 1483.717100855184% from its all-time low.

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  • Is COTI (COTI) a good investment?

    COTI (COTI) has a market capitalization of $176.71M and is ranked #343 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze COTI (COTI) price trends and patterns to find the best time to purchase COTI.

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