COTI, which serves as a decentralized payment and exchange network has <a href="https://www.cryptoninjas.net/2019/11/25/coti-partners-with-davion-pay-to-bring-blockchain-payments-to-korea/" target="_blank" rel="noopener">announced a partnership with Davion Pay</a>, a Korean payment solution provider, providing services for both the online and offline payment markets.

COTI and Davion Pay are looking at bringing forces together through a strategic partnership that would help develop how the Korean payment industry functions.

Not too long ago Davion Pay joined the growing blockchain payment sector from a Coinbit investment, a top-rated Korean exchange.

As at then, Davion Pay had instigated the build of an open blockchain-based payment solution that would be able to bridge the gap between online and offline financial transactions.

To further explain, Brian Lee, the CTO of Davion Pay stated in an interview with a correspondent.  “COTI is a highly respected payment solution in Korea and the blockchain space in general,We expect great things of this relationship and expect further technical integrations between COTI Pay and Davion Pay as our project matures.”
<h3>COTI/ Davion Pay Partnership Expected To Bring Mutual Benefits To Both Firms</h3>
Alongside the partnership, COTI will be aimed at providing access to its payment technology, the payment experience, and technical recommendations.

Davion Pay on its part will be responsible for providing support for COTI in the Korean market with the understanding of key strategic partners in the traditional payment space along with implementation know-how and assistance with listing on Korean exchange platforms.

This is further affirmed by the COTI CEO, Shahaf Bar-Geffen. He confirmed the excitement of the company to put previous miscommunications behind them and partner with Davion Pay in lending some of their payment technology, technical advice and payment expertise to the Davion Pay project.

According to him, Korea is a part of the great interest of COTI, both in the blockchain and other financial exchange sectors.

Many Crypto commentators in the Asian country have given the partnership a sign of endorsement as <a href="https://www.cryptoknowmics.com/crypto/" target="_blank" rel="noopener">blockchain technology</a> continues to solidify its foothold in the region.

COTI Enters Strategic Partnership With Davion Pay To Launch Blockchain Payments In Korea

I am olowoporoku adeniyi, writer, editor and crypto evangelist, with five years experience in the Blockchain industry.

COTI Enters Strategic Partnership With Davion Pay To Launch Blockchain Payments In Korea

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