The Bank of Israel's Digital Shekel Challenge concluded at the Tel Aviv Stock Exchange. COTI's Layer 2 privacy blockchain enabled a decentralized marketplace for Real-World Assets (RWAs). Teams like PayPal and Fireblocks participated in the challenge.
COTI introduces a decentralized marketplace for RWAs at the Bank of Israel's Digital Shekel Challenge, focusing on privacy and CBDCs.
COTI has proposed a CBDC-powered decentralized marketplace for real-world assets (RWAs) as part of the Bank of Israel’s Digital Shekel Challenge.
The Bank of Israel has launched the 'Digital Shekel Challenge' to explore central bank digital currency (CBDC). Fourteen teams will propose innovative use cases inspired by BIS Innovation Hub's 'Project Rosalind.'
COTI Foundation collaborates with PayPal and Fireblocks for Israel's CBDC project, known as the Digital Shekel.
The Bank of Israel chose COTI for its CBDC project, causing its price to rise.
COTI has been chosen to join the Central Bank of Israel's CBDC project.
The Bank of Israel is considering a digital shekel but is waiting for the European Central Bank to introduce its digital currency first.
The Bank of Israel has launched the 'Digital Shekel Challenge' to explore its own CBDC project, working with service providers to connect via APIs.
The Bank of Israel has embarked on a digital shekel CBDC experiment, drawing from the Project Rosalind by the BIS Innovation Hub.
The Bank of Israel has initiated the Digital Shekel Challenge to encourage innovation in payment solutions by inviting entities to use its API in an experimental environment.
Andrew Abir, deputy governor of the Bank of Israel, shared a new perspective on CBDCs, acknowledging potential innovation for Israel's financial system with the digital Shekel.
The Bank of Israel is introducing a sandbox for experimenting with CBDC use cases to enhance the digital shekel and support advanced applications.