The future of central bank digital currencies, part I
Jonathan Dharmapalan, founder and chief executive of eCurrency, and Teunis Brosens, lead economist for digital finance at ING Group, join Bhavin Patel, senior economist and head of fintech research at OMFIF, to discuss the future of central bank digital currencies.
PayLogic and eCurrency partner to deploy a new generation of retail payment solutions globally
PayLogic, a premier payment systems technology company, and eCurrency, a leading Digital Fiat Currency (DFC) technology company, announce a partnership to deploy a new generation of National Retail Payment Solutions (NRPS) comprising the Digital Fiat Currency, payment switch and e-money wallets with unsurpassed security, usability, interoperability, and settlement efficiency.
eCurrency chooses nCipher Security to accelerate its Central Bank Digital Currency (CBDC) solution
Headquartered in Dublin, Ireland, eCurrency is responsible for pioneering a portfolio of solutions that enable central banks to evolve their current paper and coin-based currencies into digital fiat currency.
This discussion note proposes a conceptual framework to assess the case for CBDC adoption from the perspective of users and central banks. It discusses possible CBDC designs, and explores potential benefits and costs, with a focus on the impact on monetary policy, financial stability, and integrity.
eCurrency™ Announces Contribution of its API to ITU Focus Group DFC
eCurrency Mint Limited (eCurrency) announces that it has contributed its Application Programming Interface (API) to the International Telecommunication Union Focus Group on Digital Currency including Digital Fiat Currency (ITU FG DFC).
eCurrency Announces Commercial Launch of ePiso, a digital Philippine Peso
eCurrency Mint Limited (eCurrency) announced today that its partner, Rizal Commercial Banking Corporation (RCBC) has launched its secure digital money product – the ePiso in the Philippines under the regulatory sandbox initiative recently introduced by the Bangko Sentral ng Pilipinas (BSP).
eCurrency Announces Collaboration with ITU on Standardization Guidelines
eCurrency Mint Limited (eCurrency) announced today that it is contributing its seven-layer security architecture to an International Telecommunication Union (ITU) working group’s development of a reference architecture for digital fiat currency (DFC).
Indonesia Takes First Steps Towards a Digital Fiat Currency Solution with eCurrency
eCurrency Mint Limited (eCurrency) announced today that it has partnered with PayPro Indonesia to provide eCurrency’s digital fiat currency (DFC) solution in Indonesia. This partnership is a major step for PayPro, leading Indonesia in delivering a high-security universal digital payment instrument.
India must set benchmarks to ensure future digital security
The Asian Age
Digital fiat currency is being researched as a viable option in not just India, but is being discussed and tested by several central banks globally. As India gets ready to embark on a complete digital journey, there are bound to be questions on security issues that come with such a system.
ITU CREATES NEW FOCUS GROUP TO INVESTIGATE DIGITAL CURRENCY INCLUDING DIGITAL FIAT CURRENCY
International Telecommunications Union
ITU has created a new Focus Group to investigate the emerging questions of how best to standardize and regulate the interoperability and security aspects of digital fiat currency. Titled the ‘ITU-T Focus Group on Digital Currency including Digital Fiat Currency’, the group is open to participation by any interested party and will begin work in the final quarter of 2017
India is marching steadfastly towards a digital economy with Budget 2017 supporting the digitalisation agenda. The December 2016 Watal Committee on Digital Payments recommended testing the digital rupee.
Government needs to create a system where e-wallets and other services work like cash and not bank money
Demonetization triggers a tsunami of digital payment initiatives. There are tidal waves of launches and promotions for payment applications, Aadhaar based identification with finger print authentications, interfaces to bank accounts, and user incentive programs.
Omidyar-backed startup eCurrency Mint, which has pioneered technology that enables central banks issue fiat currency in digital form, has made a strong pitch for using software as a form factor for currency.
Ray Dalio Backs First Above-Ground Digital Currency Company
Ray Dalio (Trades, Portfolio) is seeing digital fiat currency as the wave of the future, making an investment in electronic payment technology slightly more above-ground than bitcoin, as it will be used by the most legitimate of institutions, central banks.
La BRM et eCurrency lancent une monnaie digitale dédiée à l’espace UEMOA
La Banque Régionale de Marchés (BRM) a annoncé aujourd’hui qu’en partenariat avec la société eCurrency Mint Limited (eCurrency), elle a créé une nouvelle monnaie digitale dédiée à l’espace UEMOA, en parfaite conformité avec la règlementation sur la monnaie électronique édictée par la Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO).
Accelerating Financial Inclusion with National Digital Currencies
Imagine a world where all money is digital. Instead of carrying coins and notes in their purse, people would keep digital currency units in electronic wallets on phones, watches or other electronic devices.
Central Banks Globally Respond To Bitcoin With Their Own Digital Cash
Philanthropic investment firm backed by eBay Inc. founder Pierre Omidyar, Omidyar Network, announced today in a press release on PE HUB its investment in eCurrency Mint (eCM), a Dublin-based company that has pioneered a new technology to enable central banks to issue digital fiat currency, called eCurrency.