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Offline solutions are integral to the future of digital money
The European Central Bank selected providers for five digital euro components and related services in October 2025. The ECB signed a framework agreement with the global security technology company, Giesecke+Devrient, together with its partners Nexi and Capgemini, to deliver an offline solution. OMFIF spoke with Wolfram Seidemann, chief executive officer of currency technology at Giesecke+Devrient, about why digital cash must also work offline, technical aspects to consider and its use cases. OMFIF: From the beginning, you’ve emphasised the necessity for a central bank digital currency to operate offline. Why is ... (full story)
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