As energy consumption is expected to double until 2030, the world is looking for new distributed energy development models to directly connect end users to producers, to allow consumers direct access to accountable, cheaper energy and to provide producers with increased ROI; enabling a faster renewable energy deployment around the world. Our solution is a new ecosystem - Restart Energy Democracy - one that exists inside the current legislation in deregulated energy markets and that provides incentives for consumers, producers. and local micro entrepreneurs, or even other private suppliers to participate. It's a system built on blockchain technology, that virtually connects energy consumers to energy producers (prosumers) with smart contracts, so that they may trade directly under our supply license or under a different private suppliers license. Allowing consumers to virtually buy energy directly from producers reduces transaction risk and payment collection costs for the suppliers, creates higher revenues and a finance solution for producers, and reduces the cost of energy for consumers, while at the same time offering entrepreneurs the possibility to start their own power retail business with our franchise. As we already have 30,000 customers, we will have first mover advantage compared to all the other energy ICO's.
COTI is the first enterprise-grade digital fintech platform, which eliminates all intermediaries and empowers any organization to build their own private payment solution and digitize any currency using our proprietary Trustchain protocol. COTI provides functionality as robust as Paypal and Alipay, while allowing enterprises to create their own unique rules and finally own their payment system to save time, data and money. COTI’s platform enables companies to effortlessly create advanced fintech products — ranging from payment networks and stable coins to loyalty programs, remittance services and more.