With the crypto sector continuing to witness an immense amount of innovation in recent years, one breakthrough that has caught the attention of governments as well as digital asset enthusiasts worldwide is Central Bank Digital Currencies (CBDCs). As things stand, approximately 134 countries — representing approx. 98% of the global economy — are exploring this digital medium. Furthermore, a recent survey by the Bank for International Settlements (BIS) revealed that a whopping 94% of central banks globally are actively using or researching the implementation of CBDCs. Most recently, COTI, a confidential computing platform, emerged as the only blockchain-based initiative to
