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Building Trust: COTI’s Mission for Privacy and Security as an Ethereum Layer 2 Chain

Author: Content Editor
COTI is a blockchain company focused on providing secure and private transactions online. Founded by Shahaf Bar Gefen, the platform aims to be the fastest and most lightweight privacy layer in Web3. It offers a confidentiality layer for businesses and individuals to conduct transactions without revealing sensitive information. COTI is built on top of Ethereum as a layer 2 solution to leverage its strong ecosystem and security features. The platform has its own native token, COTI, which incentivizes developers and creates an economy within the network. COTI is researching new use cases for privacy, including industries like gaming and finance. The company also discusses the balance between Central Bank Digital Currencies (CBDCs) and privacy, stating that it depends on how CBDCs are implemented. COTI believes in the power of choice for users and the healthy competition between CBDCs and cryptocurrencies. The company has an upcoming roadmap, including the launch of their mainnet and cross-chain capabilities. Overall, COTI aims to make a significant impact in the blockchain industry.

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