diff options
Diffstat (limited to '2021-offline')
| -rw-r--r-- | 2021-offline/offline.tex | 4 |
1 files changed, 4 insertions, 0 deletions
diff --git a/2021-offline/offline.tex b/2021-offline/offline.tex index 218b903..7f5418f 100644 --- a/2021-offline/offline.tex +++ b/2021-offline/offline.tex @@ -232,6 +232,10 @@ digital euro would be the following hybrid: Note that in this proposal, only one of the two parties (payer, payee) needs to have network connectivity. \item A limited and optional offline mode for the first payment system. + The payee must decide whether to accept an offline payment, + based on the counterparty risk. The risk depends on the details + of the offline payment implementation (hardware security vs. fraudulent party + identification). \item Physical cash as a fallback for emergency situations where power outages or cyber attacks render a digital euro temporarily unusable. |