Remove Data Encryption Remove End User Remove Legal Framework
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ECB Publishes First Progress Report on Digital Euro Preparation Phase

Fintech Finance

In recent months, the ECB has agreed on the technical features required to guarantee that online digital euro transactions will provide an even higher privacy standards than current digital payment solutions, while still ensuring robust end-user protection against fraud. The digital euro is a common European endeavour.

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European Central Bank sets out business model for digital euro

NFCW

. “The Eurosystem would use state-of-the-art measures, including pseudonymisation, hashing and data encryption, to ensure it would not be able to directly link digital euro transactions to specific users.” NFC provides a highly convenient end-user experience which consumers in the euro area are already familiar with.