eCurrency chooses nCipher

Considering there are more than $5 trillion of banknotes and coins in circulation worldwide, there is enormous potential for the eCurrency technology and CBDC, which is the digital form of that fiat currency. But, the potential also comes with major risks, as any form of security breach or compromise to CBDC will have massive global consequences.

Using hardware-based cryptography across the entire eCurrency infrastructure is key to the company’s security strategy, as the technology ensures all CBDC is protected by the highest levels of cryptography available. Well aware of the challenges inherent in financial digital transformation, the eCurrency team honed in on the hardened, tamper-resistant HSM environment as the best option for fulfilling key management and cryptographic duties – and opted for the nShield HSM.

In addition to delivering some of the highest cryptographic transaction rates in the industry, nShield HSMs offers a robust, FIPS-compliant platform that allows organizations to meet critical regulatory audit and compliance requirements. nCipher’s solutions and services, which are used by 5 of the top 10 Fortune 100 and 10 of the top 20 FTSE 100 companies, enable organizations to keep pace with innovation while protecting their business critical assets from security breaches.