Offline payments for smartphones – New whitepaper by Crunchfish
Crunchfish Digital Cash is pioneering offline payments with a secure and uniquely scalable solution for smartphones without any dependencies on device manufacturers or mobile operators. This new whitepaper outlines the challenges to implement offline payments on smartphones and how to mitigate the risks.
In the dynamic landscape of mobile payments, offline payments for smartphones have gained traction. Offline payments allow users to conduct transactions without a real-time connection to a central server, offering convenience but also introducing unique challenges in terms of security and reliability.
How can a payment application add offline payment capabilities? What are the distinct risks of introducing these types of payments? And how can you build trust that enables secure and reliable offline payments? This whitepaper addresses these questions and proposes practical requirements for system operators considering an offline payment implementation.
The whitepaper is an independent continuation of the series “Enabling offline payments in an online world” with six whitepapers released in 2023 in partnership with Lipis Advisors and may be downloaded with the link above.
You can also find it attached to this communication.
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 are listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.