Big news for Cardano DeFi! The most significant upgrade to Djed since launch is now live 💫
These updates take Cardano's overcollateralized stablecoin to new heights in stability, accessibility, and efficiency
Let's explore the key improvements 🧵
@InputOutputHK
1/7
Recently we announced participation in the Central Bank of Israel’s #CBDC project, alongside companies like @PayPal and @FireblocksHQ!
Let’s dive deeper into how COTI V2 can solve compliant privacy in CBDC design.🛡️
Read the full article here: https://t.co/1T1J31eM6q
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The article announces $COTI's involvement in the Central Bank of Israel’s CBDC project, alongside PayPal and Fireblocks, to explore a digital Shekel. CBDCs offer benefits like financial inclusion and improved payment efficiency but raise privacy concerns due to blockchain transparency.
$COTI V2 addresses these concerns with Garbled Circuits, a technique ensuring transaction confidentiality while maintaining regulatory compliance. This technology allows encrypted yet verifiable CBDC transactions, benefiting corporations, financial institutions, and government agencies.
$COTI V2's approach balances privacy and compliance, promoting broader CBDC adoption.
Details here: https://t.co/n2SYlmOmGb
Okay, now you can take a minute to think about this: $ADA, $COTI, and other altcoins are recognized as not being securities, just like $BTC and $ETH. So why not invest your funds into $ADA, $COTI, and other altcoins for potentially massive profits compared to $BTC and $ETH?
Very interesting.
With $coti having already been de-risked by ways being invited to the CDBC sandbox in Israel, this now removes the last bit of risk overhang if you're looking for a provider of a privacy/confidentiality solution for your #RWA or #CBDC project.
Goldilocks territory...😎
1/8 $COTI 1M
Technical analysis is not exact math but the patterns usually follow the theory. It's hard to get exact targets but it is surely relevant to set targets.
Quick note: I count the wicks on my technical analysis.
Let's break this down with Elliott waves and Fibonaccis:
The $BTC price saw wild swings on Saturday as former U.S. President Donald Trump unveiled his plans to make #bitcoin national strategic asset during Bitcoin 2024 in Nashville. By @shauryamalwa
https://t.co/k6p92KCVUd
Trump speech recap:
- US to become crypto capital of the world
- To create strategic Bitcoin reserve for US
- To fire Gary Gensler on day 1
- Views stablecoins as pro dollar
- To end Operation Chokepoint 2.0
- To bring Bitcoin mining to the US