According to Deep Tide TechFlow, on May 5, the European Central Bank announced that COTI is one of the pioneering partners in the digital euro project, collaborating with institutions such as Accenture, KPMG, and TATA to develop related technology.
The European Central Bank plans to launch the digital euro in early 2026. COTI will participate in the technical implementation of the digital euro conditional payment system using its privacy solution based on obscured circuits. This is the second central bank digital currency project that COTI is involved in.
COTI co-founder and CEO Shahaf Bar-Geffen stated that privacy is an important component of the future of Web3 and is equally important for central bank digital currencies, making it essential to ensure user safety and organizational compliance.