Our partnerships with nakamo.to and Advanced Blockchain AG has extended to the crypto leaders’ latest exciting venture, peaq.

The peaq project aims to bridge the real world with the immense potential of distributed ledger technology (DLT). This is achieved by combining the genius behind blockchain with one of the most ambitious forms of DLT, the directed acyclic graph (DAG).

peaq has the potential to enhance a number of sectors ranging from digital identity and cloud storage all the way through to IoT, payment and money transfers and Industry 4.0. A truly exciting prospect for any entrepreneur, startup or big corporation considering making a move into the DLT scene.

COTI and peaq will continue research concerning the use cases of the DAG data structure, particularly for the German industry.

Norbert Gehrke, general manager of Advanced Blockchain AG

“COTI is one of the few projects in this space that delivers as planned thanks to Nir Haloani and Shahaf Bar-Geffen’s impressive leadership. We are excited to bring innovative payments technology and stable coins to the German market together,” commented Norbert Gehrke, general manager of Advanced Blockchain AG.

COTI CEO Shahaf Bar-Geffen

COTI CEO Shahaf Bar-Geffen added:

“Our partnership with peaq couldn’t have come at a more opportune time, as our Trustchain AlphaNet has officially launched. Our DAG-based Trustchain protocol is the next evolution in blockchain, a truly viable blockchain 3.0 solution that will be particularly fit for specialized use cases.”