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Bitcoin, Ethereum und Co : Handel, Mining, Wallets - Infos zur Kryptowährung
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n the key scene in the movie The Matrix, Neo realizes that he must choose between the red and the blue pill. Central Banks also have a fundamental choice of how to digitize cash. – Cash can either be digitized as a new currency, using existing payment rails, or as a new format, requiring large investments in the banking sector, says Joachim Samuelsson, CEO Crunchfish.
Crunchfish CEO Joachim Samuelsson shows that the World s Central Banks are facing a decisive choice that will have an enormous impact on the bank infrastructure in their countries.
Money is available in four formats - two physical and two digital. Central Banks issue physical money in the form of coins and banknotes. Digital money exists on bank accounts and constitutes a claim on the bank rather than on the Central Bank. Cryptocurrency is a new digital format, not guaranteed by Central or commercial banks. Instead, authenticity is proven by a blockchain of transactions. One of the key reasons why Central Banks w
Crunchfish introduces Digital Cash business model
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Crunchfish introduces Digital Cash business model
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STOCKHOLM, March 17, 2021 /PRNewswire/ Crunchfish s Digital Cash Wallet offers an exceptionally flexible and interoperable offline payment service that compliments any online payment service with capabilities that replicate the use of physical cash. Crunchfish introduces a subscription-based business model per Digital Cash Wallet deployed, to be charged to the issuing bank or digital wallet provider.
Crunchfish s Digital Cash Wallet is an exceptionally flexible and interoperable solution that compliments any digital payment service on smart cards or in digital wallets with capabilities that replicates paying with cash. A two-step hierarchical architecture makes Digital Cash payments independent from the net, offering instant clearing offline at the moment of payment, followed by settlement online to move money between accounts.
Crunchfish s business model for Digital Cash explained
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STOCKHOLM, March 17, 2021 /PRNewswire/ Västra Hamnen Corporate Finance has today published a video interview with Crunchfish CEO Joachim Samuelsson that lays out the company s business model in Digital Cash.
Crunchfish s business model will be a subscription model charged per deployed Digital Cash Wallet to the issuing bank or digital wallet provider. The business model will be controlled by Crunchfish as a global Certificate Authority, providing signed certificates for use in the Digital Cash Wallets. The business model is well known in the payment industry as it is similar to issuing payment services on smart cards and it does not interfere with the business model of Crunchfish Digital Cash Networks-, Banks-, Processors-, Wallet-Partners. Global
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