Crunchfish announces the architecture of its digital cash wallet – QNT Press Release

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Stockholm, December 20, 2021 /PRNewswire/ – Crunchfish Digital Cash AB (“Crunchfish”) announced a patent-pending digital cash wallet architecture. In addition to the offline integration of Crunchfish’s original digital cash wallet in mobile applications, it also showcases the architecture from the core banking system to digital cash wallets on online or offline, mobile applications or non-mobile devices. This laid the foundation for Crunchfish’s ambition to occupy a global leadership position in the field of digital payments. The digital cash wallet in online and mobile apps is ready for shipment.

Very popular payment services, such as Swish in Sweden And UPI in India Both are very fragile because all back-end payment servers and the payer’s Internet connection must be up and running. Despite service interruptions or server congestion, the online digital cash wallet relaxes these conditions by providing payment availability and load balancing of the core banking system. Digital cash wallets also provide other features for payment services, such as interoperability, privacy, inclusiveness, and flexibility in form factors, mobile operating systems, and proximity interactions.

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The full story can be found on Benzinga.com

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