Central Bank Digital Currencies (CBDCs) have been one of the most notable innovations in the crypto space in recent years. According to a Bank for International Settlements (BIS) survey, 94% of central banks worldwide are actively researching or using CBDCs. COTI was the only blockchain-based startup to make it to the finals in the Bank of Israel’s Digital Shekel Competition. COTI’s solution stands out by offering privacy and scalability.