COTI Unveils New Privacy-Focused Blockchain to Reshape Web3 Transactions

Described as a revolutionary advancement for Web3, this infrastructure allows for confidential transactions while maintaining speed, scalability, and compliance. In addition to this, a new blockchain explorer and bridge have been introduced to aid in the transition from COTI's previous version. The lack of efficient privacy solutions has hindered blockchain adoption, especially for businesses and institutions dealing with sensitive data. COTI's Privacy-on-Demand feature aims to address this issue by safeguarding corporate and individual data while complying with regulations. By implementing Garbled Circuits, COTI has significantly increased transaction speeds, making it a valuable tool for securing financial transactions, real-world assets, and AI-driven interactions across various blockchains. Major players in the Web3 space, such as Bancor, Band Protocol, MyEtherWallet, and PriveX, are already integrating COTI's privacy layer into their systems, signaling a strong interest in the technology. Furthermore, COTI is expanding its presence in government-backed digital currency projects, with involvement in Israel's Digital Shekel initiative and upcoming partnerships in the public sector. In the next phase, COTI plans to distribute tokens to encourage users to utilize its Layer 2 network through MetaMask and explore its privacy features firsthand. This launch marks a significant step towards making blockchain privacy more practical, efficient, and scalable, ultimately removing a major obstacle to mainstream adoption and ushering in a new era of secure digital transactions.