How Blockchain Solutions Can Transform the Payments Industry — review of COTI ICO by nasdaq.com

How Blockchain Solutions Can Transform the Payments Industry

Making Blockchain Solutions Mainstream

Solving Real-World Payment Issues

With these issues in mind, one possible solution could be creating a way for users to be rated as to how trustworthy they are. This way, both parties would know each other’s payment record before entering into a transaction in order to comply with anti-money laundering regulations.

Blockchains Incentivize Good Behavior

Settlement blockchains should aim to incentivize honest behavior. This would result in fewer abandoned transactions, lower fees and, ultimately, a better chance of achieving meaningful adoption rates — the higher your trust score, the lower your fees.

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COTI

COTI

COTI is a DAG-based Layer 1, specifically designed for Enterprises. COTI’s Protocol is scalable, fast, private, inclusive, low cost and is optimized for finance