Bank of Israel’s Digital Shekel Challenge Highlights COTI’s Blockchain Innovation in CBDC

Quick Summary:

The Bank of Israel’s Digital Shekel Challenge came to an end today at the Tel Aviv Stock Exchange with finaal presentations and awards.

A judging panel was shown a state-of-the-art decentralized marketplace for Real-World Assets (RWAs) enabled by the Layer 2 privacy blockchain COTI.

Developing a two-tier approach for issuing a CBDC with an API layer that offers a set of features for payment service providers was the main objective of the task.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Abdul

Category: Crypto

Markets: United Arab EmiratesIsrael

Topics: Web3 Blockchain Blockchain News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 16:09:02 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 459 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23356439

View Article Analysis

About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 17 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 18 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

Frequently Asked Questions