COTI introduces a new Web 3.0 cross chain privacy protocol
Many Blockchains are transparent, offering users little privacy, but COTI's cross chain privacy protocol solves that and is easy to apply.
Key takeaways
- The protocol is designed to cater to enterprises and decentralized applications (dApps), spanning 70 blockchain networks.
- Powered by Garbled Circuits technology, which was developed in collaboration with Soda Labs, the protocol offers robust, on-demand privacy tailored to the diverse needs of dApps.
- COTI’s leadership has highlighted the significance of this launch, noting that it represents a crucial advancement in Web 3.0 privacy solutions.
Cite or link to this article
Griffin, M. (2024) 'COTI introduces a new Web 3.0 cross chain privacy protocol', 311 Institute, 23 November. Available at: https://www.311institute.com/coti-introduces-a-new-web-3-0-cross-chain-privacy-protocol/ (Accessed: 1 October 2026).
Blockchains are increasingly seen as the de facto technology bedrock of all kinds of new applications and use cases that span sectors, but they still have issues - one of which is privacy. But now COTI, a leader in Web 3.0 privacy solutions, has introduced a first of a kind cross-chain privacy protocol aimed at providing customizable and scalable data protection for a wide range of users. The protocol is designed to cater to enterprises and decentralized applications (dApps), spanning 70 blockchain networks. By supporting both EVM and non-EVM chains, this launch significantly broadens the scope of privacy tools available in the decentralized space.
This development follows COTI’s successful proof of concept, marking a major milestone in advancing Web 3.0 infrastructure. The new privacy layer enables developers to integrate advanced privacy features without altering their existing technical frameworks. Powered by Garbled Circuits technology, which was developed in collaboration with Soda Labs, the protocol offers robust, on-demand privacy tailored to the diverse needs of dApps.
COTI’s leadership has highlighted the significance of this launch, noting that it represents a crucial advancement in Web 3.0 privacy solutions. The protocol is positioned as the first to meet the performance demands of consumer applications, allowing multiple blockchain ecosystems to adopt its privacy features directly within their native environments.
Earlier in the month, COTI showcased the viability of its privacy protocol by completing its inaugural cross-chain transaction through Axelar. This achievement sets the stage for further integration with Axelar’s Amplifier technology, which will extend COTI’s privacy capabilities to 71 interconnected networks. The seamless operation across different blockchains enhances the user experience and reinforces the protocol’s versatility.
The launch of COTI’s cross-chain privacy protocol addresses a long-standing issue in the adoption of blockchain technologies: the tension between transparency and privacy. Public blockchains, with their open ledgers, often fall short in meeting privacy and compliance requirements, making it difficult for businesses to integrate decentralized solutions. COTI’s protocol seeks to bridge this gap by offering programmable privacy that can be activated as needed, ensuring data confidentiality without compromising on regulatory standards.
This innovation positions COTI as a key player in the evolution of blockchain technology, offering solutions that enhance the utility of decentralized systems for enterprises. By enabling private transactions and secure data handling, the protocol supports a range of use cases, from confidential DeFi operations to decentralized identity systems.
With its new privacy layer, COTI is set to raise the bar for data protection within the blockchain industry. The protocol’s capabilities are expected to drive broader adoption of blockchain solutions by businesses seeking secure and compliant frameworks. This development not only enhances the functionality of existing blockchain networks but also paves the way for innovative applications in the Web 3.0 ecosystem.
By offering scalable and customizable privacy, COTI aims to empower developers and enterprises to unlock new possibilities in decentralized finance, identity solutions, and beyond. This strategic move underscores COTI’s commitment to driving the next wave of Web 3.0 innovation, solidifying its role as a trailblazer in blockchain privacy.
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Why does this matter?
Many Blockchains are transparent, offering users little privacy, but COTI's cross chain privacy protocol solves that and is easy to apply.
About the author
Matthew Griffin Founder, 311 Institute
Matthew Griffin is a multi-award winning Futurist and expert in Disruption and Innovation, Geopolitics, Leadership, and Technology, who NASA have described as a "walking encyclopaedia of the future" and a "futurist Polymath."
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Matthew Griffin is a multi-award winning Futurist and expert in Disruption and Innovation, Geopolitics, Leadership, and Technology, who NASA have described as a "walking encyclopaedia of the future" and a "futurist Polymath." 15-time best selling author of the "Codex of the Future" series, Matthew is the Founder and Futurist in Chief of the 311 Institute, a global Futures and Deep Futures advisory firm working with royal households, world leaders, G7, G20, and G77 governments, NGOs, and multi-national mid and mega cap firms to help them explore, shape, and lead the next 50 years of business and society.
An award-winning YouTube creator with over a million followers, with an unrivalled global reach and impact, Matthew is a highly sought-after international keynote speaker, lecturer, and mentor who collaborates with global leaders through the United Nations Alliance of Civilizations (UNAOC) and United Nations General Assembly (UNGA) to shape pivotal initiatives such as the UN’s AI for Humanity program, the United Nations Conference of the Parties (UN COP), and the World Economic Forum in Davos.
As the former Global Head of Cloud, National Security, and Enterprise Sales for companies including Atos, Dell-EMC, and IBM, Matthew has a proven track record of building multi-billion dollar business units and turning failing divisions into market leaders. His ability to identify, analyse, and communicate the implications of hundreds of emerging technologies and trends is unparalleled, and his insights are trusted by many of the world’s most respected organisations, including ABB, Accenture, Adidas, AON, ARM, BCG, Centrica, Citi, Coca-Cola, Dentons, Deloitte, Dow Jones, EY, Google, KPMG, Lego, Legal & General, LinkedIn, Microsoft, PepsiCo, Qualcomm, RWE, Samsung, Siemens AG and Siemens Energy, T-Mobile, UBS, VISA, Walmart, Workday, Worldpay and many others.
Regularly featured in the global media including the AP, BBC, Bloomberg, CNBC, Discovery, Forbes, Khaleej Times, Telegraph, TIME, ViacomCBS, WIRED, and the WSJ, Matthews mission is to help organisations create a fair and sustainable future whose benefits are shared by everyone irrespective of their ability, background, or circumstances.
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Source: first published by the 311 Institute on 23 November 2024. Cite as: Griffin, M. (2024). COTI introduces a new Web 3.0 cross chain privacy protocol. 311 Institute. https://www.311institute.com/coti-introduces-a-new-web-3-0-cross-chain-privacy-protocol/
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