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COTI Unveils ETH L2 Developer Network and Growth Fund Use Cases

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COTI announces an ETH L2 Developer Network to leverage its $100M fund, targeting key use cases like Confidential DeFi and encrypted data management.

COTI Foundation has taken a significant leap forward in its commitment to enhancing privacy and scalability in the blockchain space by announcing an upcoming ETH Layer 2 (L2) Developer Network. This initiative is aimed at harnessing its nearly $100 million development fund, to be disbursed in COTI tokens, to drive innovation and growth within the COTI ecosystem.

The blockchain industry, heralded for creating borderless finance and trustless interactions, has often grappled with the challenge of privacy. The transparency inherent in Web3 has been a double-edged sword—beneficial for democratizing organizations but proving to be a stumbling block for numerous other applications due to privacy concerns.

COTI V2 is poised to address these issues with Garbled Circuits, a pioneering privacy solution that is both 1000 times faster and 250 times lighter than existing technologies, allowing for operation on any device. This breakthrough offers a significant edge over ZK-based solutions, which are typically limited to two-party transactions, by enabling secure multi-party transactions that are crucial for both Web3 and traditional Web2 industries.

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The COTI Foundation aims to supercharge the growth of its ecosystem, starting with the Developer Network (Devnet) slated for launch in early Q2 of this year. The COTI V2 Devnet, coupled with an upcoming grant program, will empower developers to build and improve upon the technology, rewarding their contributions to the ecosystem. Developers will find familiarity in using Solidity for smart contracts, which will allow them to integrate privacy into existing applications or innovate entirely new use cases.

Key target use cases for the COTI V2 platform include:

Confidential DeFi: Addressing the privacy compromise in DeFi, COTI V2 will enable novel primitives like private AMMs, dark pools, and under-collateralized lending, which hinge on user privacy and transaction content confidentiality. Additionally, COTI V2’s technology is set to tackle the persistent issue of Miner Extractable Value (MEV) exploits in Ethereum DeFi, by encrypting transactions and thwarting frontrunning bots.

Confidential Transactions: In the realm of payments, stablecoins, and real-world assets (RWA), COTI V2 offers a solution that upholds confidentiality akin to traditional finance systems. This will enable the mainstream adoption of Web3 by ensuring secure transactions that comply with regulatory standards.

Confidential Machine Learning (GCML): The platform’s encrypted on-chain data storage and confidential query capabilities are a game-changer for sensitive data management, such as medical records. It also introduces GCML for large language models (LLMs) like ChatGPT, facilitating service enhancement without compromising privacy or intellectual property.

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Dynamic Decentralized Identification (DID): COTI V2’s DID system allows for personal information to be used and verified without actual data disclosure. This supports trustless global interactions within a regulated framework without sacrificing sensitive information.

As the blockchain industry evolves, COTI’s innovative approach with Garbled Circuits technology is timely, aiming to resolve the privacy limitations of Web3 and offering superior solutions to those available in Web2. The upcoming COTI V2 Devnet represents a promising opportunity for developers worldwide to contribute to this evolution.

The post COTI Unveils ETH L2 Developer Network and Growth Fund Use Cases appeared first on HIPTHER Alerts.

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Blocks & Headlines: Today in Blockchain – May 20, 2025

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Blockchain innovation continues to accelerate, weaving together emerging technologies, sustainability goals, and new financial models. In today’s Blocks & Headlines briefing—May 20, 2025—we explore five groundbreaking stories: Cerebra Supernova’s AI-blockchain energy convergence, Chainlink/Kinexys/Ondo’s blockchain DVP trial, the launch of Blockchain Cloud Mining’s “Master” digital-gold platform, Sakhila Mirza steering Responsible Gold’s blockchain expansion, and Automobili Estrema’s NFT-powered “Dizzy Viper” art drop. Each development signals how Web3, DeFi, and NFTs are reshaping finance, supply chains, and creative industries. Below, we strip away hyperlinks, offer concise coverage, and provide op-ed insights on the broader implications for blockchain’s next chapter.


1. AI & Blockchain Convergence for Sustainable Energy Systems

Key News: Cerebra Supernova, a French startup, has unveiled a pilot platform that combines AI-driven grid optimization with a blockchain-enabled energy-credit marketplace. By using reinforcement-learning algorithms to forecast renewable output and smart contracts to automate peer-to-peer energy trades, the system aims to reduce curtailment and incentivize prosumers.

Details:

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  • Reinforcement Learning Grid Management: AI agents predict wind and solar generation with 98% accuracy, dynamically adjusting dispatchable assets (batteries, gas turbines) to maintain stability.

  • Energy-Credit Tokens: Green-energy surplus is tokenized as “SolarLoop” ERC-20 tokens, tradable among households, businesses, and utilities with settlement on an Ethereum Layer-2 network.

  • Sustainability Impact: Early trials on Corsican microgrids reported a 12% reduction in fossil-fuel use and a 20% increase in renewable utilization.

Opinion & Implications:

The fusion of AI and blockchain in energy grids marks a pivotal shift toward decentralized, citizen-driven utilities. Traditional power markets struggle with intermittent renewables; embedding autonomy via smart contracts democratizes access and aligns incentives for cleaner output. However, real-world rollouts must address interoperability (across protocols), token volatility, and regulatory clarity on digital asset classification. Cerebra Supernova’s initiative may well set the template for community microgrids worldwide, but scaling will require standardized APIs, robust cybersecurity measures, and policy frameworks to integrate tokenized energy credits into broader carbon-pricing schemes.

Source: SiliconANGLE


2. Chainlink, Kinexys & Ondo Test Blockchain DVP Settlement

Key News: Chainlink Labs, Kinexys, and Ondo Finance have jointly piloted a Distributed Delivery-Versus-Payment (DVP) settlement mechanism on a public blockchain, targeting institutional bond and ETF trades. By leveraging Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Kinexys’ settlement-oracle mesh, the trial achieved atomic settlements: assets and payments exchanged simultaneously, irrevocably on-chain.

Details:

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  • Atomic DVP Workflow: Upon trade execution in an off-chain matching engine, settlement instructions trigger on-chain via CCIP messages; Kinexys oracles confirm balances, and Ondo’s tokenized cash-equivalent stablecoins (nUSD) finalize payment.

  • Performance Metrics: End-to-end latency clocked at 3 seconds per transaction, with sub-$0.50 gas costs due to Rollup-level batching.

  • Risk Reduction: Eliminates counterparty and settlement-fails risk inherent in T+2 markets, enabling real-time finality and freeing collateral faster.

Opinion & Implications:

Bridging traditional capital markets and public blockchains has long been the Holy Grail of institutional DeFi. This DVP pilot demonstrates that rigorous market-standard settlement can coexist with open-ledger transparency and composability. Yet, regulatory acceptance remains the linchpin—securities regulators must endorse on-chain finality as equivalent to legal settlement. Moreover, interoperability across permissioned and permissionless networks will determine whether tokenized securities truly scale. If such trials proliferate, expect incumbent custodians and clearinghouses to partner with decentralized-oracle providers, laying the groundwork for a 24/7 global settlement infrastructure.

Source: The Paypers


3. Blockchain Cloud Mining’s “Master” Digital-Gold Platform Launch

Key News: Blockchain Cloud Mining has released Master, a turnkey cloud-mining and staking portal enabling users to allocate fiat and crypto into diversified mining assets—Bitcoin, Ethereum PoS, and a curated basket of altcoins—via a single, web-based dashboard.

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  • Encrypted Wealth Strategy: Master abstracts miner procurement, hosting, and maintenance; users simply choose “Digital Gold,” “Ethereum Yield,” or “DeFi Basket” plans.

  • Revenue Sharing: Monthly returns distributed as tokenized dividends (DCM-TOKEN), tradable on major DEXs.

  • Security & Compliance: KYC/AML integrated Sign-in, cold-storage custody of mined coins, and quarterly third-party audits published on-chain.

Opinion & Implications:

As retail investors seek passive crypto exposure, cloud-mining platforms promise hands-off rewards but often lack transparency. Blockchain Cloud Mining’s audited model and tokenized dividend structure could elevate trust—but token economics must guard against dilution and rug-pull risks. Moreover, the environmental debate around proof-of-work mining persists; integrating renewable-energy credits or carbon offsets into mining-assets offerings could be a differentiator. As staking yields compress and DeFi bear cycles loom, platforms like Master will need to innovate risk-adjusted return products and perhaps incorporate algorithmic governance to align user incentives.

Source: GlobeNewswire


4. Responsible Gold Taps Sakhila Mirza to Lead Blockchain-Powered Expansion

Key News: Responsible Gold, the tokenized-asset platform enabling fractional, KYC-compliant gold ownership, has appointed fintech executive Sakhila Mirza as Chief Growth Officer. Her mandate: scale the “Trusted Gold” ecosystem and forge partnerships with bullion exchanges, central banks, and luxury-goods providers.

Details:

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  • Trusted Gold Tokens (TGT): ERC-721 tokens representing audited, insured physical gold bars stored in vaults across Switzerland and Singapore.

  • Expansion Strategy: Under Mirza, the platform aims to integrate with central-bank digital currency (CBDC) pilots, enabling gold-backed CBDC overlays. Plans include white-label solutions for jewelry retailers to mint fractional gold tokens at point-of-sale.

  • Governance & Audits: Monthly on-chain proof-of-reserve updates via Merkle-proof contracts; annual audits by Big Four firms.

Opinion & Implications:

Tokenizing real-world assets like gold has been heralded as blockchain’s killer app—but adoption hinges on regulatory trust, custodial transparency, and consumer education. Mirza’s track record in partnerships could bridge the gap between crypto-natives and traditional finance, positioning TGT as a credible store-of-value for both investors and commerce. CBDC integration is particularly visionary: by tethering digital fiat to gold reserves on-chain, central banks could assuage inflation concerns and experiment with programmable money. However, geopolitical tensions around reserve asset denial and cross-border gold transfers may challenge such initiatives—making governance frameworks and legal clarity paramount.

Source: Business Wire


5. Automobili Estrema & Fabian Oberhammer’s “Dizzy Viper” NFT Collaboration

Key News: Italian hypercar maker Automobili Estrema has partnered with digital artist Fabian Oberhammer to launch “Dizzy Viper”, a limited-edition NFT art series minted on the NEAR Protocol, celebrating the brand’s cutting-edge “Fulminea” electric supercar.

Details:

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  • Collector Drops: 333 dynamic NFTs featuring generative-art viper motifs synchronized to real-time telemetry data from a Fulminea test run.

  • Utility Perks: NFT holders receive VIP track day invites, factory tours, and a fractional stake in a bespoke Fulminea prototype.

  • Environmental Offset: Minting energy consumption offset via NEAR’s carbon-neutral consensus and direct funding of reforestation projects in Italy.

Opinion & Implications:

Luxury automotive brands entering the NFT arena exemplify Web3’s fusion with experiential marketing. By linking on-chain art to real-world perks and data streams, Automobili Estrema deepens fan engagement while tapping new revenue from digital collectibles. NEAR’s eco-friendly blockchain underscores the need for sustainability in NFT minting—a growing concern among high-net-worth audiences. The fractional ownership model hints at broader use cases: tokenized access to exclusive assets (cars, yachts, art) could spur secondary markets and novel governance rights. For blockchain enthusiasts, this collaboration showcases how tokenomics and experiential utility can elevate brand loyalty beyond traditional merchandising.

Source: PR Newswire


Conclusion & Key Takeaways

Today’s headlines reflect a blockchain ecosystem maturing across multiple dimensions:

  1. Sustainability & Decentralization: AI-blockchain energy grids and carbon-neutral NFT minting demonstrate a commitment to environmental stewardship.

  2. Institutional Integration: DVP settlement trials and tokenized gold underscore blockchain’s encroachment into capital markets and reserve assets.

  3. Democratized Access: Cloud-mining platforms and fractional gold tokens lower barriers to crypto and real-asset investing, while highlighting the need for transparency.

  4. Experiential Web3: Luxury brands and community microgrids leverage tokenized incentives to forge deeper user connections.

  5. Regulatory & Governance Frontiers: From Massachusetts-style AI commissions to CBDC-gold overlays, legal frameworks will shape the pace and direction of blockchain adoption.

As blockchain transcends niche use cases, cross-sector collaboration and robust governance will determine whether these innovations realize their transformative promise. Today’s stories are more than headlines—they’re signposts pointing to a decentralized, tokenized future where AI, finance, sustainability, and creativity converge on the distributed ledger.

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The post Blocks & Headlines: Today in Blockchain – May 20, 2025 appeared first on News, Events, Advertising Options.

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BloFin CEO Unveils Roadmap for a Future of Global Finance

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SecureTech Announces Major Milestones in Strategic Growth Plan

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