Taler
The NGI TALER project is funded under Horizon Europe (Pilots for the Next Generation Internet) with the aim of bringing GNU Taler (a new secure electronic payment system) to market across Europe.
Factsheet
- Lead school School of Engineering and Computer Science
- Institute Institute for Cybersecurity & Engineering (ICE)
- Research unit ICE / FinTech Security Group
- Strategic thematic field Thematic field "Humane Digital Transformation"
- Funding organisation Europäische Union
- Duration (planned) 01.12.2023 - 30.11.2026
- Project management Christian Grothoff
- Head of project Christian Grothoff
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Partner
E-SENIORS
HOMO DIGITALIS
Stichting NLnet
MAGNET MAGYAR KOZOSSEGI BANK ZRT
CODE BLAU GMBH
VISUALVEST GMBH
Taler Systems S.A.
PETITES SINGULARITES
TECHNISCHE UNIVERSITEIT EINDHOVEN (TUE) (Leading House)
GLS GEMEINSCHAFTSBANK EG (GLS) - Keywords Digital cash, payment, privacy
Situation
GNU Taler (Taxable Anonymous Libre Electronic Resources) is a new secure electronic payment system based on open standards, free software, and advanced cryptography. GNU Taler provides privacy guarantees to the buyer while offering the possibility to audit merchants, making sale incomes transparent and fraud difficult. To online merchants and retailers, GNU Taler offers instant transaction clearance without risks of fake payment methods. Computations needed to clear the payments are efficient and scalable so that banks can pass on lower transaction costs to consumers and merchants. Consumers can withdraw money from their existing bank account into their GNU Taler wallet, detaching their spending habits from scrutiny, in the way cash does.
Course of action
To make GNU Taler accessible to European citizens, we need a commercially viable use of the GNU Taler technology. We will achieve this through the four key project objectives: 1) We will make GNU Taler available to the European public as a commercial payment system. This will create the globally first software-based payment solution that offers strict technical privacy assurances for buyers in e-commerce. Additionally, GNU Taler's design offers real-time external auditing of the payment service provider by independent third parties based on cryptographic signatures covering all processes in the entire payment system, thus creating a milestone in accountability. 2) We will provide merchants with an open payment standard with lower prices. End-consumers will enjoy improved shopping experience and preservation of personal data. Besides these two benefits, merchants can better protect their market expertise and shield it from potential competitors by avoiding competitor platforms which abuse their knowledge and/or data. We will integrate GNU Taler into the diverse work-flows of a multitude of businesses through open calls' integration and other interested parties. 3) We will perform security reviews of key components of the GNU Taler system and then ensure that relevant components are available for Windows, MacOS and various GNU/Linux distributions. We will automate packaging for these platforms and port the WebExtension to additional browsers. We will furthermore implement vario
