In three important and latest partnerships with Axelar, Halborn, and Buidlbox, COTI strengthens its privacy and scalability in Web3. These partnerships are key to COTI’s growth as a privacy-centric platform. Everyone has something to offer in the system and this generates new possibilities for development.
COTI Builds Secure and Scalable Layer 2 with Soda Labs, Axelar, and Halborn Partnerships
Layer 2 of COTI is developed with Soda Labs, and it uses garbled circuits, a new concept in the industry. It also guarantees the privacy of data and the possibility of using it in different blockchains. Axelar is instrumental in this, and COTI can scale across more than 70 EVM and non-EVM networks. Because of the features that Axelar provides, COTI is able to move native tokens from one chain to another without having to wrap them. This makes problems of token incompatibility and asset management across blockchains no longer relevant.
Apart from Axelar, COTI has also secured collaboration with Halborn, a premier cybersecurity company around the globe. Halborn will act as the COTI’s Security Advisor as a Service partner. This partnership will guarantee that COTI’s privacy technology, smart contracts, and decentralized applications (dApps) are safe. Under the partnership, Halborn will offer services such as penetration testing, ongoing advisory, and protection for its assets. This alliance shows that COTI has been dedicated to achieving a reliable Layer 2 infrastructure.
COTI Partners with Buidlbox to Boost Developer Engagement and Ecosystem Growth
COTI also has another useful partner in its side, called Buidlbox. It is a developer engagement platform that is mainly aimed at the expansion of the ecosystem. Buidlbox hosts hackathons, bounties, and workshops to source the Web3 talent the company needs. Therefore, COTI wants to encourage developers to create new tools and solutions for the ecosystem within this partnership. COTI will benefit from Buidlbox’s experience in organizing hackathons as it plans to use it for reaching more developers with its platform experience of running more than 160 hackathons.
These three partnerships are a major step towards COTI’s vision of creating a confidential, chain-agnostic version of Web3. As a partner with Axelar, Halborn, and Buidlbox, COTI is in a strategic place to expand its ecosystem. Together, they will create awareness in the blockchain world by focusing on the aspects of privacy, security and engaging developers.
