Ivan Prymak

Ming Wu is a founding member of Conflux. Before joining the Conflux team, Ming was a senior researcher at Systems Research Group in Microsoft Research Asia. He has extensive expertise in the design and implementation of distributed systems. He designed and implemented large-scale and highly efficient distributed machine learning systems which were applied in Microsoft products. Ming earns his Ph.D. from the Institute of Computing Technology, Chinese Academy of Sciences in 2007, and his bachelor degree from University of Science and Technology of China. His main research interests include distributed transaction processing systems, graph computing engines, and artificial intelligence platforms. He has publications on top conferences in computer system, such as SOSP, OSDI, NSDI, ATC, EuroSys, SoCC, VLDB, etc. He served as Program Committee Members of OSDI, ASPLOS, HotDep, and MiddleWare, and also the Publication Chair of SOSP'17.

The Conflux Network was founded in 2018, based on the breakthrough Tree-Graph consensus algorithm developed in the research lab of Turing Award recipient Dr. Andrew Yao.

In 2020, Conflux established the Tree-Graph Research Institute in partnership with the government of Shanghai and the Key Laboratory of Blockchain Infrastructure & Applications with the government of Hunan. Initiated by our founder Dr. Fan Long, the Tree-Graph Research Institute was created to further the development of the underlying infrastructure of the Conflux public blockchain. As respected advocates of public blockchain infrastructure in China, Conflux continues to lead education and research in blockchain development.

What Is COTI (COTI)?

COTI markets itself as the first enterprise-grade fintech platform that empowers organizations to build their own payment solutions as well as digitize any currency to save time as well as money.

COTI is one of the world’s first blockchain protocols that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers.

COTI Pay is the first application. It describes itself as a fully encompassing finance on the blockchain. The COTI Group launched in March of 2017, while the Staking Platform Launched on Jan. 1, 2020.

It is an ecosystem that is designed specifically to meet all of the challenges associated with traditional finance, including latency, fees, global inclusion and risks. This is done through the introduction of the DAG-based protocol as well as infrastructure that is completely scalable, private, inclusive and fast.

The ecosystem has DAG-based blockchain, proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), a universal payment solution and a payment gateway.