COTI's First Payroll Protection Network Soft-Launches with $DPINR Token

We are excited to reveal that after an intensive period of development and comprehensive testing, we have launched our initial Private Payment Network (PPN) offering, with its corresponding token, Delta Platinum INR. Our client operates a major gaming platform containing millions of users. Our agreement indicated that the PPN's launch was set for Q4 of 2023, which is still on track. Following a prolonged period of collaboration, our team was able to make a successful launch. We took special care to satisfy all the demands of our client, creating a feature-packed product that offers a range of advantages to both our customer and their users. This included an economical and adaptable solution that boasts real-time reporting as well as complete control of the user's digital environment. COTI's launch of the first Private Payment Network client marks a noteworthy advancement; not only does it display our experience across various technologies, but it also encourages COTI's network utilization and the fees gained as a result. This PPN and all related tokens will benefit from COTI V2's unique privacy features when it's migrated to the updated infrastructure in 2024. Constructed specifically for the purpose, the PPN is an amalgamated payments setup featuring three main elements: a CRM, a COTI router, plus a private payments network with the capacity to create and cancel CMD-standard tokens. This furnishes our customer with complete oversight of their digital asset management while diminishing transaction fees within their platform. At present, 100 Billion DPINR (Delta Platinum Indian Rupee) CMD tokens have been produced. Observe Shahaf Bar-Geffen, COTI's CEO, executing the token generation process: Our client's transaction costs will be considerably lower if they use the new tokens we're offering. The transactions will go through COTI's well-designed system, which is built to handle large volumes of data efficiently and economically. This usage will benefit the COTI network, providing more activity on their mainnet. Due to the significant presence of our partner's users coming from Asia, we selected to include an instance of TRON blockchain on the client-side with a COTI router as a medium. Since a noticeable number of our clients' users already own TRON wallets, this integration process became considerably more straightforward. When a user obtains TRON-based tokens with their TRON wallets, these tokens are automatically transformed to CMD tokens through the COTI network in the background. This CMD standard grants our partner numerous advantages, such as speedy settlements, minimal transaction fees, and the capacity to extend operations according to the requirements. Moreover, the whole process of the TRON-CMD transaction is done anonymously without any input from the user. Our client has the capacity to both mint and destroy tokens symbolizing tangible currencies in a manner that meets their utility and use needs. The process also guarantees that every token operation and deposited total are noted accurately and safely on the blockchain. Our client has opted for an approach of soft launching the PPN, which entails a gradual rollout so that testing, optimization, and feedback are possible. India will be the first phase of the launch, and the currency used will be the $DPINR. After a few months, we will expand the launch to include the $DPTHB, $DPCNY, $DPYEN, and $DPKRW. A soft launch is just the starting point! We anticipate that after it has been verified as being successful, we will be able to widen our reach to different jurisdictions and people, ultimately being accessible to all users of the platform, making it a significant payment option for our patron. Our client will be joining us for a joint media announcement to proclaim the complete launch. We are delighted to have achieved this critical juncture. A renowned entity with an extensive international presence and different subsets is demonstrative of the organisations COTI can assist. Last week, we unveiled the details of COTI V2: a Privacy-Centric Ethereum L2. The PPN solution has been designed to work seamlessly with COTI V2 and we are looking forward to integrating it into the most advanced, privacy-centric Web3 infrastructure yet. As we roll out the testnet phase of COTI V2, we will be transitioning clients and products from COTI V1 to COTI V2, including CMD tokens such as DPINR, PPN clients, and more. Be sure to keep an eye out for further information! For our most recent developments and to take part in the discussion, make sure to keep an eye on our outlets: Visit the link https://coti.io/ to learn more about COTI, a digital currency and payment network. Go to https://coti.io/ to find out about COTI, a digital currency and payment platform.? Link to COTI's Twitter account: https://twitter.com/COTInetwork Link to Telegram: https://t.me/COTInetwork You can access COTI's GitHub at: https://github.com/coti-io Link to Discord: https://discord.gg/9tq6CP6XrT

Source: https://medium.com/cotinetwork/lift-off-cotis-first-ppn-has-successfully-soft-launched-along-with-its-first-token-dpinr-cb6d91c0d637?source=rss------fintech-5