COTI, a leading Web3 privacy layer, has launched its cross-chain privacy protocol. This announcement marks a significant event for businesses, dApps, and developers across 70 supported chains.
Innovations in Privacy
COTI's new protocol allows developers to use advanced privacy technologies without needing to alter their underlying tech stacks. This solution is designed to meet enterprise-scale needs with programmable privacy capabilities.
COTI Technologies and Soda Labs Partnership
COTI's privacy layer, powered by Garbled Circuits, was developed in partnership with Soda Labs. This new partnership provides users the ability to toggle privacy on or off as needed.
Cross-Chain Transactions and the Role of Axelar
The COTI team successfully completed its first cross-chain transaction with the help of Axelar and plans to fully integrate Axelar’s Amplifier technology to provide privacy across 71 linked networks.
The launch of COTI's cross-chain privacy protocol addresses one of the major hurdles in the adoption of blockchain technology — the lack of privacy. This solution meets the demands for balancing privacy and transparency, crucial for companies utilizing decentralized technologies.
