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Taler for local currencies.

Free software banking backend for local currencies

This project is about extending LibEuFin to make it suitable as a core banking system to implementing local or regional currencies in combination with the GNU Taler payment system. The innovation comes from employing FLOSS technology, and having a centrally managed and yet privacy-preserving payment system. Our focus will be on creating interfaces to allow regional currency administrators to control the platform, including account creation, controlling money supply, analyzing transactions, and setting of relevant policies. Additionally, we will support onboarding of customers, including offering them a way to trade fiat currency (e.g. EUR) for the local currency or vice versa (if permitted by the currency conversion policies of the platform). We will work with cities and regions that have deployed regional currencies (or are planning to do so) to better understand their needs and adapt our plans according to their use-cases.

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This project was funded through the NGI0 Entrust Fund, a fund established by NLnet with financial support from the European Commission's Next Generation Internet programme, under the aegis of DG Communications Networks, Content and Technology under grant agreement No 101069594.

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