COTI Partners With Saudi Arabia AI and Blockchain Centre (SAAIBC)

COTI has announced its role as a founding member of the Saudi Arabia AI and Blockchain Centre (SAAIBC). The initiative aims to unite government leaders, investors, and policymakers to accelerate the adoption of artificial intelligence and blockchain technologies across the Middle East, North Africa, and broader Africa.COTI InfoCOTI is a blockchain protocol that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers.COTI achieves a high transaction throughput by employing a Directed Acyclic Graph (DAG) of transactions known as the Cluster, as opposed to a blockchain which allows users to process a large number of transactions quickly and with low fees.A key feature of COTI is its Trustchain protocol, a trust-based system that helps manage relationships between buyers and sellers. It takes into account user behavior during transactions to assign a Trust Score.COTI also has its native token, COTI, which is used for transaction processing within the network, staking for network participation, and for receiving rewards.