The European Central Bank chooses COTI to assist in the development of digital euro technology

According to Bitcoin.com, the European Central Bank (ECB) has chosen the Ethereum Privacy Layer Protocol (COTI) as a pilot partner for the digital euro, working with institutions such as KPMG and Accenture to develop a CBDC technology solution to be launched in early 2026. COTI will utilize its proprietary Garbled Circuits encryption protocol to build core privacy features for the digital euro. Nearly 70 selected institutions are required to complete the technical validation of the conditional payment system before 2026. Shahaf Bar Geffen, CEO of COTI, stated that this is the second CBDC collaboration after the Israeli Digital Shekel project, focusing on researching how to embed privacy protection into the underlying architecture of the system. The European Central Bank will provide technical specification support such as APIs to its partners, and the pilot results will form an evaluation report by the end of the year.