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OFS partnering with AUGENTIC GmbH on solutions for Central Bank Digital Currency

Central Banks and Governments feel an ever-increasing pressure to explore the world of Central Bank Digital Currency (CBDC). In many countries, CBDC is close to being introduced and many complex matters are being discussed. Legislation, Governance, Research and testing of appropriate software solutions as well as inclusion of the conventional currency solutions are put on the agenda. Obviously, everyone wants to mitigate adverse impacts the introduction of a new CBDC might bring.

AUGENTIC GmbH, a technology leader in Central Bank Digital Currency Solutions and Orell Füssli Ltd. Security Printing, one of the world’s oldest banknote and security printers are proud to announce their partnership in driving the next generation of currency solutions and CBDC. This partnership’s core lies in unifying the strengths of the two companies in both conventional and digital worlds. It enables Governments and Central Banks to thrive in their digital transformation agenda.

“It is fantastic to see how a renowned security printer and a provider for Central Bank Digital Currencies can join forces and offer unique, customizable solutions for Central Banks and Governments. By merging our know-how, we can contribute to an introduction of a CBDC solution in the best possible way” says Dr Michael Kasch, Managing Director of Orell Füssli Ltd. Security Printing.

Labinot Carreti, CEO of AUGENTIC GmbH states: “This partnership is unique and capable to cover the entire spectrum of next generation currency solutions for Central Banks and Governments. We have put together all needed ingredients to prepare Central Banks for a convenient and successful launch of CBDC”.

AUGENTIC GmbH and Orell Füssli Ltd. Security Printing serve a dual mandate: provide Central Banks and Governments with a secure, digital and conventional currency solution as well as maximise the control of it.