Crunchfish Digital Cash in G20 TechSprint 2022

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Crunchfish Digital Cash is shortlisted in the G20 TechSprint 2022 to advance to the prototype development stage. The focus is on solving technology challenges related to wholesale and retail Central Bank Digital Currencies (CBDCs).

 

G20 TechSprint 2022

 

The G20 TechSprint 2022, launched by the BIS Innovation Hub and Bank Indonesia, focuses on CBDCs, and particularly on challenges and opportunities around three problem statement categories deemed to be of high priority areas by the global central banking and regulatory community.

 

  1. Implementing Effective and Robust Issuance, Distribution and Transference
  2. Enabling Financial Inclusion
  3. Enabling Connectivity and Interoperability

 

Participants were asked to submit proposals to one of the above categories. Crunchfish submitted its Digital Cash platform for the category Enabling Financial Inclusion. The organizers state that they received strong and overwhelming interest, with many practical, yet innovative and game changing solutions proposed from teams around the world. Crunchfish’s proposal was shortlisted and advanced to the next stage of the competition. The shortlisted companies have until the end of August 2022 to develop and pitch their solution for a panel of independent judges. Winners will be announced on October 14th, 2022.

 

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

 

This information was provided by the contact person above for publication on 21 June 2022 at 11:45 CET.

 

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

 

About Crunchfish – crunchfish.com

Crunchfish is 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 is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

 

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