Crunchfish receives European patent for its initial fundamental offline payment innovation
Crunchfish Digital Cash AB (“Crunchfish”) has received a Notice of Allowance from the European Patent Office (EPO) for its initial Digital Cash patent application. Europe is the second major jurisdiction to grant a patent for this innovation following the grant in the US earlier this year. The patent with application number EP 20 916 267.6 is valid until January 2040, 20 years from the original filing date.[A diagram of a cloud computing system Description automatically generated] This patent protects many fundamental aspects of offline payments. The basic premise is that the