#offline-payments News & Analysis

2 articles tagged with #offline-payments. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

CryptoBullisharXiv – CS AI · Mar 57/10

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Zero-Knowledge Proof (ZKP) Authentication for Offline CBDC Payment System Using IoT Devices

Researchers propose a new offline CBDC payment system using IoT devices that integrates zero-knowledge proofs and secure elements for privacy-preserving transactions. The system addresses challenges of resource-constrained IoT devices while enabling secure digital payments without internet connectivity, particularly for underserved communities.

CryptoBearishDL News · Mar 46/101

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Crooks may prefer offline euro CBDC over cash, warns report

The Bank for International Settlements has issued a warning that criminals may prefer using an offline digital euro central bank digital currency (CBDC) over traditional cash for illicit activities. This highlights potential security and regulatory challenges that could arise with the implementation of offline CBDC functionality.