COTI describes itself as a 'fully encompassing finance on the blockchain” ecosystem that is designed specifically to meet the challenges of traditional finance (fees, latency, global inclusion and risk) by introducing a new type of DAG-based base protocol and infrastructure that is scalable, fast, private, inclusive, low cost and is optimized for real-time payments. The ecosystem includes [a](https://www.youtube.com/watch?v=kSdRxqHDKe8) [DAG-based Blockchain](https://www.youtube.com/watch?v=kSdRxqHDKe8), [a](https://coti.io/files/COTI-technical-whitepaper.pdf) [Proof of Trust Consensus Algorithm](https://coti.io/files/COTI-technical-whitepaper.pdf), [a](https://medium.com/cotinetwork/coti-is-launching-multidag-a-protocol-to-issue-tokens-on-a-dag-infrastructure-5c6282e5c3d1) [multiDAG](https://medium.com/cotinetwork/coti-is-launching-multidag-a-protocol-to-issue-tokens-on-a-dag-infrastructure-5c6282e5c3d1), [a](https://medium.com/cotinetwork/introducing-cotis-global-trust-system-gts-an-advanced-layer-of-trust-for-any-blockchain-7e44587b8bda) [Global Trust System](https://medium.com/cotinetwork/introducing-cotis-global-trust-system-gts-an-advanced-layer-of-trust-for-any-blockchain-7e44587b8bda) (GTS), [a](https://medium.com/cotinetwork/coti-universal-payment-system-ups-8614e149ee76) [Universal Payment Solution](https://medium.com/cotinetwork/coti-universal-payment-system-ups-8614e149ee76) (UPS), [a](https://medium.com/cotinetwork/announcing-the-first-release-of-the-coti-payment-gateway-4a9f3e515b86) [Payment Gateway](https://medium.com/cotinetwork/announcing-the-first-release-of-the-coti-payment-gateway-4a9f3e515b86), as well as consumer (COTI Pay) and merchant (COTI Pay Business) applications.