BIS: Digital Cash Offers ‘Cash-like privacy’ but Bank Data Breaches Threaten Users
6 Articles
6 Articles
BIS: Digital Cash Offers ‘Cash-like privacy’ but Bank Data Breaches Threaten Users
BIS said that digital cash can offer “cash-like privacy,” but the technology stack is not yet “production-ready,” due to bank data breach-related contagion concerns.
On October 13, the Bank for International Settlements (BIS) published the "Project Aurum Phase 2" report, which examined privacy protection technologies for digital currencies... The post Digital currencies can achieve the same level of privacy as cash, but challenges remain = BIS first appeared on NADA NEWS.
BIS Warns Digital Cash’s Privacy Gains Face Risk From Bank Breaches
The Bank for International Settlements (BIS) says digital cash can be designed to deliver privacy characteristics similar to physical cash—but its latest research also underlines that significant technical and security questions remain before such systems can be deployed at scale. In a Project Aurum Phase 2 report released Tuesday, BIS describes a privacy-preserving digital cash [...]
The second phase of Project Aurum, published by the BIS on October 13, 2026, explores cryptographic tools to validate digital payments without revealing identities or amounts. The prototype does not yet operate commercially and its authors recognize possible costs for speed, programming and fund recovery.
From “absolute control” to zero-knowledge proofs: the BIS rewrites its CBDC sales pitch
The Bank for International Settlements (BIS) has published results from the second phase of Project Aurum. The second phase of Project Aurum suggests that user privacy should rely on more than the central bank’s pledge not to look. What does the Aurum prototype actually do? The Bank for...
BIS report on Project Aurum assesses privacy in CBDC, points to risk of bank data leak and technology limitations
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