COTI was recently audited by Token Insight and DPRating alongside other leading projects in the blockchain sphere.
Token Insight’s BB ranking connotes impressive technical feasibility and stable operations with manageable risk. Some of the key factors that contributed to Token Insight’s rating include COTI’s unique Trustchain technology, complete payment ecosystem, multiDAG, price stability features, and strong partnership and investment deals, which increase the trust and reliability of the COTI network.
“The addition of a Trust Score mechanism provides positive incentives for the COTI network while ensuring network security,” wrote Token Insight in their review, adding that “COTI’s current cooperation with its partners and investment institutions are tremendously strong. In addition to the investment institutions and partnerships COTI has formed within the blockchain industry, one of the Big Four accounting frms, Ernst & Young (EY), will provide auditing services for the project. This type of cooperation increases the trust and reliability of COTI’s network.”
Token Insight also cited COTI’s broad application prospects for scenarios sought by the token economy as an upside to its offering.
“At present, it has signed contracts with many traditional institutions including Blue Cellular, and these institutions have agreed to issue tokens based off of COTI’s network. Moreover, COTI has already gained revenues from clients during the past 3 months.”
As for DPRating, they cited that COTI’s DAG-based distributed ledger technology can connect transactions simultaneously and asynchronously to quickly improve transaction efficiency and innovation.
“In COTI’s network, stable coins and dedicated coins each have independent clusters. As these assets become more requested in large-scale applications by traditional industries, COTI is expected to achieve future breakthroughs in this field,” they added.
DPRating also looked at the COTI team, stating that the members
“are from leading companies such as IBM, Blackrock, and Plus500 and have extensive experience in the payments, encryption technology and financial services industries.”
COTI community engagement and active participation further contributed to DPRating’s evaluation.
To read Token Insight’s complete COTI review, visit this link. The DPRating review can be viewed at this link. You can also see other leading project ratings here.
About Token Insight:
TokenInsight is an independent third-party organization dedicated to providing accurate data, ratings and analytics that contribute to more intelligent financial decision-making and market transparency. TokenInsight provides customized services such as commercial due diligence, project analysis, industry research and more.
About DPRating:
DPRating is a leading quantitative crypto rating agency founded in May 2017. Since its inception, the company has released SmartICO, the first comprehensive ICO rating model, and conducted in-depth rating for dozens of projects.
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