Significant changes in payments transactions?
Our founder and CEO, Sandro Pittalis, LL.M., MBA, recently took part in a high-profile panel discussion at the Deutsche Bundesbank on the digital euro to shed light on the perspective of a payments start-up and the digital euro.
🔍 In the discussion, Sandro emphasized the transformative power of the digital euro as a signal for the ongoing digitalization of payment processing and financial markets. He emphasized that the final design of the digital euro will be crucial to evaluate the project and unleash the full potential of a digital central bank currency. It is essential that the digital euro is implemented as an overall construct. Consequently, citizens, businesses, banks and central banks must experience benefits. This can be achieved if retail and wholesale CBDC are in harmony with each other. Blockchain technology should be used for both cases, as this is the only way to generate added value that goes beyond that of fiat money or other private industry developments. It also emphasized that risks associated with the introduction of the digital euro must be minimized and focused in particular on the privacy and data protection of users in its argumentation.
💼 Our CEO also discussed how our company is at the forefront of shaping these changes and developing innovative solutions to the challenges of this new age.
🌍 Participating in this discussion was a great opportunity to share ideas with leaders in business, government and technology. It was an honor to contribute to a topic that can be of immense importance to the future of the European and global economy.
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