Collaborating on the innovative electronic payment system GNU Taler for the benefit of European citizens

A new online payment system that is socially, ecologically, and fiscally responsible, to make finance easy for common people. That’s the aim of the Next Generation Internet pilot named NGI TALER. This project, coordinated by the Eindhoven University of Technology (TU/e), is operated by a consortium of eleven partners from eight European countries with the objective to roll out an innovative electronic payment system for the greater benefit of European citizens, merchants, and banks.

  • coolmojo@lemmy.worldEnglish
    2·
    10 months ago

    in that it offers privacy for the buyer: neither merchants (payee) nor banks can trace or link the payments to the payer

    How does the product gets delivered then, if the merchant does not know who the buyer is?

    • smileyheadEnglish
      4·
      10 months ago

      The merchant would know via form filled on checkout, just like it is done today. Payer can also create a cryptographic proof of payment. But there still would be a benefit of payment processor itself not knowing what you bought.