Crunchfish CEO comments on today’s launch of Digital Cash 2.0 – a paradigm shift in payments
Crunchfish CEO Joachim Samuelsson comments on the launch of Digital Cash 2.0 in an interview with analyst firm Emergers. Whereas an offline payments protocol may work online, the reverse is not true. Online payments systems are by design only capable of handling online payments. Hence, the underlying protocol for digital payments must be an offline scheme as it supports both offline and online payments.
Crunchfish have today launched Digital Cash 2.0 to drive a paradigm shift in payments. Watch the interview with Crunchfish CEO Joachim Samuelsson commenting on the announcement via this link.
The internet protocols fundamentally changed digital communications by their resilient design. Digital payments must also be upgraded to deliver a robust, inclusive and private service that should be required by any public good. Neither token-based nor account-based payment applications of today can deliver this unless they are supported by an underlying protocol designed to offer interoperability, scalability, and security. Crunchfish Digital Cash is that reliable end-to-end protocol and destined to become the standard protocol for digital payments as the internet protocols are for digital communications.
“Whereas an offline payments protocol may work online, the reverse is not true. Online payments services are by design only capable to handle online payments. Hence, the underlying protocol for digital payments must be an offline scheme as it supports both offline and online payments”, says Joachim Samuelsson, Crunchfish CEO
For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com
Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.
About Crunchfish – crunchfish.com
Crunchfish are a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.
