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news-imageOctober 9, 2024

COTI and Gitcoin Team Up to Deliver $500K in Web3 Privacy Grants

COTI and Gitcoin partnered up to boost Web3 privacy innovation with a $500,000 grants program.
Publisher: Coinpaper
Sentiment: Positive
COTI
GTC

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cover-imageBitcoin
April 9, 2024

‘Garbled Circuits' Enable Transactional Confidentiality, Encourage Enterprise Web3 Adoption — COTI Co-Founder

According to Shahaf Bar-Geffen, CEO of the privacy-centric Layer 2 network COTI, enterprises and mainstream organizations are not yet fully convinced of the benefits of complete privacy or true anonymity in any system. Bar-Geffen said the primary reason for this is that such systems often get exploited by individuals with dishonest intentions.

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