How Fluency and ECB are Revolutionizing Digital Euro with Programmable Payments

Fluency Partners with ECB to Innovate Digital Euro

In the forefront of the digital currency landscape, Fluency, a London-based deep-tech firm, has recently been appointed as an Innovation Technology Pioneer by the European Central Bank (ECB). This collaboration marks a significant leap towards shaping the future of the digital euro, particularly through the development of sophisticated offline and programmable payment functionalities.

Fluency's mission is clear: to pave the way for a digital euro that is not only versatile but also resonates with the needs of modern financial transactions. At the heart of this initiative is their cutting-edge experimentation on conditional payments. This groundbreaking feature enables digital euros to be programmed to execute transfers only under specific, predefined conditions. As a result, this will facilitate the creation of a new generation of automated financial services that abide by rules-based guidelines, fostering a seamless user experience.

Beyond conditional payments, Fluency is set to contribute its patented technology for offline payments. This innovation allows for the secure execution of digital euro transactions without the necessity for internet connectivity or specialized hardware, catering to both advanced economies and underserved regions alike. This approach aims to increase accessibility and reliability, ensuring that financial transactions can occur anywhere and anytime.

Inga Mullins, CEO of Fluency, expressed pride in the partnership with the ECB, stating, *