statement
Digital cash can offer cash-like privacy under the right technical design.
A statement by BIS. Statements are as reported by the cited publishers — not verified by DecisionGateway.
Digital cash can offer “cash-like privacy” under the right technical design
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BIS published a new Project Aurum report focused on privacy-preserving digital cash.BIS · statementDigital money still operates across different networks, regulations and banking systems.Crypto Showcase · statementAndroid apps are separated from sensitive wallet operations to reduce security risks.Crypto Showcase · statementThe prototype aims to balance user privacy with the ability to prevent full anonymity in the system.BIS · statementThe $849 device combines crypto wallet security with a smartphone-like design and everyday apps.Crypto Showcase · statementNo financial data was compromised.post author · denial
More claims by BIS
The prototype aims to balance user privacy with the ability to prevent full anonymity in the system.statementBIS published a new Project Aurum report focused on privacy-preserving digital cash.statementThe technology is not ready for full production yet.statementIdentities from other counterparties would not automatically be revealed.statementIf one bank is compromised, customer data at that bank could be exposed.statement
All claims by BIS