Giesecke+Devrient Solution Looks to Remove Connectivity Pain Points for Digital Payment Transactions

Giesecke+Devrient (G+D) has unveiled a novel token-based system, 'G+D Filia Unplugged', designed to enable secure offline digital payments, addressing connectivity issues and promoting financial inclusion. The solution offers a bridge for seamless transactions between online and offline environments without reliable internet, which is particularly beneficial in developing countries with inadequate infrastructure. Filia Unplugged functions independently of internet connectivity, featuring three layers of protection, privacy, and high data security, facilitating P2P and P2B transactions via simple hardware like smart cards. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: The Fintech Times