Imagine a digital wallet that works exactly like cash; the shop doesn't know who you are, but the government can still verify the shop is paying its taxes. It removes the middleman's ability to spy on your shopping habits while ensuring the seller gets their money instantly. It's basically a digital version of an anonymous banknote that is impossible to fake.
Current digital payments often force a choice between total surveillance of consumer habits or a lack of transparency for tax authorities. Merchants also face high transaction fees and risks of fake payment methods.
A secure, open-source electronic payment system (GNU Taler) that provides buyer privacy and seller transparency. It includes software compatible with Windows, MacOS, and Linux.
If you are an independent publisher dealing with high subscription fees or intrusive ad models — this project developed GNU Taler that allows you to sell books and content via micro-payments with very low overhead.
If you are an e-Health provider dealing with sensitive patient data and payment privacy — this project developed a payment system that guarantees the privacy of the payer during transactions.
If you are a software developer dealing with fragmented donation systems — this project developed a secure payment tool for donations and pledges within the ICT supply chain.
The system uses efficient and scalable computations that allow banks to pass on lower transaction costs to both consumers and merchants.
Yes, the project aims to bring the technology to TRL 9 by making it available through retail banks such as GLS and MAGNET Bank.
The system is based on open standards and free software, specifically developed by the GNU community and Taler Systems SA.
It provides privacy for the buyer but enforces transparency on sellers, allowing States to ensure businesses are held accountable for income and taxes.
The project integrates GNU Taler into various business workflows through open calls and ensures compatibility with Windows, MacOS, and GNU/Linux.
The consortium is well-balanced for commercialization, consisting of 11 partners across 8 countries. With a 45% industry ratio and 4 SMEs, the group combines academic research from 2 universities with practical market deployment capabilities, specifically targeting the financial sector via retail banks.
Contact the Technical University of Eindhoven (TU/e) regarding the GNU Taler rollout.
Contact us to identify integration partners for privacy-preserving payment systems.
