We are excited to announce that COTI has joined the Enterprise Ethereum Alliance (EEA), the oldest nonprofit championing a neutral voice for the Ethereum ecosystem — uniting enterprise, developers and community for a decentralized future. EEA’s roster of members includes the Ethereum Foundation, Microsoft, EY, JPMorgan Chase, Accenture, Razorfish, Santander, ConsenSys, Chainlink, and Circle, among many others. This important partnership highlights COTI’s commitment to enhancing the Ethereum ecosystem through its expertise in Web3 privacy.
The COTI team will collaborate with industry leaders and innovators across diverse sectors, participating in advanced working groups and events with some of the most talented minds in the field. These engagements will enable COTI to share its knowledge of Web3 privacy while exchanging ideas with some of Ethereum ecosystem’s top thought leaders.
COTI’s EVM Layer 2 privacy solution is based on a novel implementation of garbled circuits that offers privacy-on-demand to users across all major blockchains. This is a novel technology that seeks to address fundamental concerns of transparent blockchain environments, by protecting sensitive transaction data and minimizing risks like front-running and Miner Extractable Value (MEV) exploits. By joining the EEA, COTI is well positioned to be a part of defining the next generation of privacy and interoperability standards for Web3 applications.
“Joining the EEA is a pivotal step for COTI and offers a unique opportunity to exchange ideas and collaborate with some of the brightest minds in the Ethereum ecosystem. We’re eager to learn from others and contribute our expertise in return, with the shared purpose to bridge the gap between innovation and real-world adoption.” Shahaf Bar-Geffen, CEO, COTI
Enhancing Privacy in the Web3 Era: A Path to Mainstream Adoption
Privacy has become increasingly important for businesses building on Web3. While blockchain transparency provides benefits, it also introduces risks and as AI adoption accelerates in 2025, the need for robust and compliant Web3 privacy standards will become even more urgent.
In recent months, the importance of privacy for Web3 adoption has gained significant attention. Vitalik Buterin recently emphasized the need to address privacy issues in Ethereum, particularly regarding wallet technology, urging developers to take privacy more seriously.
COTI will bring a deep expertise in Web3 privacy to support the EEA. By collaborating with Ethereum’s top developers and thought leaders, COTI can combine its technical strengths with the ecosystem’s collective insights to address the privacy challenges crucial for mainstream Web3 adoption.
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GitHub: https://github.com/coti-io
