COTI has launched its Layer 2 mainnet, providing high-speed confidential transactions for Web3 using Privacy-on-Demand.
The mainnet is designed to be interoperable with other blockchains, addressing adoption challenges for businesses and institutions that require privacy and speed.
Garbled Circuits, a cryptographic protocol developed in collaboration with Soda Labs, ensures secure and confidential transactions up to 3,000 times faster than existing solutions.
COTI's Layer 2 mainnet is being integrated by Web3 applications and is also involved in central banking and government initiatives, such as the Digital Shekel pilot.