In a recent interview, Piero Cipollone, a member of the European Central Bank's executive board, shed light on the privacy features of the upcoming digital euro. According to the conclusions drawn in the analytical report, his comments come as the ECB gears up for a pilot program involving multiple payment providers, with the aim of launching the digital currency by 2029.
Приоритет конфиденциальности цифрового евро
Cipollone reassured users that the digital euro will prioritize privacy, offering the highest level of confidentiality permitted by current technology. He highlighted that offline transactions would be conducted directly between individuals, meaning that only the payer and payee would have access to the details of their transactions.
Онлайн-платежи и доступ к информации
For online payments, Cipollone clarified that the Eurosystem would not have the capability to identify the individuals involved in transactions. Instead, only the banks participating in the transaction would have access to this information. This statement is part of the ECB's effort to address privacy concerns as it moves forward with its digital euro initiative.
As the European Central Bank emphasizes privacy in the upcoming digital euro, Ethereum developers are also focusing on enhancing privacy and transaction efficiency within their network. For more details, see the proposals for privacy pools in Ethereum's upcoming upgrade here.
