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What does CooIn mean

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What does CooIn mean in the blockchain industry? What does CooIn mean? What concepts and specific application scenarios does it contain. For example, the enterprise payment business can complete cross-border remittance directly through Cobo, but needs to use Alipay or WeChat for transactions In addition, due to the current downturn in the digital currency market, many companies are unable to keep up with the pace in a timely manner, resulting in some “counterfeit” issues. Behind these counterfeit coins is a centralized platform, essentially a decentralized network without intermediaries or third-party participants For ordinary users, this new type of network is difficult to meet their daily work and life needs, as it can cause significant cost waste. But for Xiaobai, such a system is easily attacked and hacked into and destroyed. If this problem is not solved, they will be in danger in the capital chain, leading to a model called “manipulation” that allows people to control their own assets and avoid potential risks COOI is a distributed smart contract supported by blockchain technology. With the help of COOI, developers can create and manage their own blockchain projects Cooi is composed of a new system called “Cooke”, which is a decentralized autonomous organization (DAO). It uses a method called “delegation” to determine how each participant on the target chain works and what they should do. Cointelgraph

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