📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
ECB's Digital Euro Project Taps COTI as Pioneer Partner
Although the general conception of CBDCs has slowed down in recent years, especially since the arrival of US President Trump, who vowed to ban such a product in the US, the European Central Bank continues to make attempts to launch a digital version of the widely used currency within its jurisdiction – the euro.
The latest news on the topic informed that the central bank has picked COTI as a Pioneer Partner in its Digital Euro project.
The press release shared with CryptoPotato indicated that both parties will collaborate with other organizations to develop a solution for a euro-wide central bank digital currency.
The idea behind Europe’s CBDC is to complement cash and facilitate secure, fast, and even private payments across the region’s economy.
The role of a Pioneer Partner will allow COTI to use and improve existing ECB infrastructure to “test its privacy solution for conditional payments.” According to the PR, this will help ensure that “asset provenance can be verified without exposing sensitive user information,” which is a key requirement for a CBDC system.
COTI, which introduced its V2 developer network last year, has already worked on similar projects with the Bank of Israel’s Digital Shekel. It developed a proof-of-concept for “confidential, trustless cross-border transactions using garbled circuits.”