eFranc: Is Switzerland abolishing cash in favor of e-currency?

eFranc: Is Switzerland abolishing cash in favor of e-currency?

Swiss franc

The francs may have had their day – instead, the Swiss National Bank is to issue a digital currency, the eFranc.

Hans Gersbach and Roger Wattenhofer, two scientists from the renowned ETH University in Zurich, made a bold demand: The Swiss National Bank should issue its own crypto currency as legal tender, the eFranc.

eFranc could be easier and safer

Consumers could use it to pay anywhere with…

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