COTI Network Partnership With World Mobile

Coti Network is thrilled to announced its partnership with World Mobile, which was founded with a far-reaching goal: to connect everyone, everywhere while advocating for economic freedom and dignity through its mobile network. World Mobile’s services will generate transactions to be settled or in both the settlement layer (Cardano’s public blockchain) and in the WMC layer (World Mobile Chain, effectively working as a side chain of Cardano).

With this partnership, ADA Pay will be offered for retailers and merchants, and enable its users to pay with ADA, starting in Africa and expanding to all undeveloped areas.

World Mobile’s first use case is in East Africa and aims to bring millions online over the coming years. There are obvious synergies between our companies. We both have a part in the Cardano ecosystem and share values of bringing the cutting edge of technology to those who need it the most, including the unconnected.

ADA Pay will be offered for African retailers and merchants connected to the World Mobile network. ADA Pay is already being integrated with various African NGOs and charities, and so far it has processed nearly 100,000 ADA in donations. We are happy to collaborate with World Mobile to offer solutions for developing areas in Africa and beyond.

“We are proud to announce our partnership with COTI. The collaboration between our projects will lead to a better connected and tech-savvy Africa, with crypto mass adoption at the forefront. The solution works, and World Mobile is proud to be able to partner with COTI to bring ADA Pay to the rest of Africa, and the world.”—Charles Barnett, Chief Business Officer of World Mobile

“We are happy to be partnering with World Mobile for such a good cause. We believe that this partnership will start with the integration of ADA Pay and has the potential to expand to the integration of Djed and $COTI. We are eager to watch the partnership grow”.—Yair Testa, Head of Business Development at COTI

All fees from ADA Pay will be streamlined to the Treasury and distributed as rewards to the users.

ABOUT World Mobile
World Mobile was founded with a far-reaching goal: to connect everyone, everywhere while advocating for economic freedom and dignity. Unlike traditional mobile networks, we’re based on blockchain and the sharing economy.

ABOUT COTI Network
Coti Network is the world’s first DAG protocol optimized for creating decentralized payment networks and stable coins.

RESOURCES
Medium