Overview

COTO stands for 'Carpets of the Orient'. COTO is a blockchain enabled platform for International trade and development of rugs and carpets industry. COTO ensures that the supply and demand of carpets and rugs are efficiently managed worldwide for trust, provenance and transparency. The carpets and rugs industry is very conventionally based and involves lots of middlemen, no clear market mechanism and lag of information dissemination. COTO strives to overcome associated challenges of carpets industry and help confirm United Nations Sustainable Development Goals - 2030 by ensuring adequate trickle down of benefits to the bottom of the pyramid within the industry. At COTO, we run a platform where buyers and sellers of carpets and rugs can meet and close deals based on best practices. Every transaction is solicited by the help of standards enabled by technology like blockchain and AI.