Crunchfish announces and patents Digital Cash programmability

Crunchfish announces today that the next version of the Digital Cash SDK will enable programmable money for offline / online payments for Central Bank Digital Currencies (CBDC) and commercial payment systems. In parallel, Crunchfish has applied for a patent for payee-controlled programmable payments, enabling layer-2 programmable payments that can be verified offline with conditional settlement online. Programmability is an important new feature for CBDC and commercial payments systems that enables money control and payments flexibility.


Programmability is an important feature in modern payments systems. CBDC used to direct social benefits for specific purposes implements this by programmable money. This is supported in the next version of Crunchfish Digital Cash by means of handling multiple balances in the wallet. There are also use cases for multiple balances for commercial payments systems. Programmable payments, often referred to as smart contracts when implemented on a blockchain, enable more complex transactions to be implemented. This is based on conditional settlement when one or more specified conditions have been met.


In parallel to this announced Digital Cash version, Crunchfish applied yesterday for a patent application for programmable payments with the novel aspect of having the settlement conditions specified and verifiable by the payee. This offers a wide range of use cases within payments, enabling automation, transparency, and security in financial transactions and services. Use cases include international money transfers, escrow services, subscription services, micropayments, and peer-to-peer payments. The patent, if granted, is valid for 20 years until June 2044.


“We continue to evolve the Crunchfish Digital Cash solution and we are now adding programmability as well, both in terms of programmable money in the next version of Digital Cash as well as payee-controlled programmable payments as a patent-pending feature.”, says Joachim Samuelsson, CEO at Crunchfish


For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88 


This information is such information as Crunchfish AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 01:00 CET on June 12th, 2024.


Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: Telephone +46 40 200 250.



About Crunchfish –

Crunchfish is a deep tech company developing a device-agnostic generic trusted client application platform for offline payments, tokenized card payments as well as other mobile client / server systems. Crunchfish has been listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.


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