Crunchfish Explores Resilient Digital Payments in the Digital Pound Lab
The Bank of England has published an interim update on Phase 2 of the Digital Pound Lab, highlighting the work industry participants undertook to explore future Digital Pound use cases and technical challenges. Crunchfish participated in Phase 2 of the Digital Pound Lab, focusing on resilient digital payments and offline transaction capabilities. The work examined how payment activity can continue when connectivity or infrastructure availability cannot be guaranteed while maintaining institutional control, governance and settlement integrity.[BankofEngland.jpeg]
The challenge of