Invest in Taler!

We have created a company, Taler Systems SA in Luxembourg.
Please contact invest@taler.net if you want to invest in Taler.

The Team

Our team combines world-class business leaders, cryptographers, software engineers, civil-rights activists and academics. We are unified by a vision of how payments should work and the goal of imposing this vision upon the world.

We are currently supported by Inria, the French national institute for research in informatics and automation, and the Renewable Freedom Foundation.

The Technology

All transactions in Taler are secured using modern cryptography and trust in all parties is minimized. Financial damage is bounded (for customers, merchants and the exchange) even in the case that systems are compromised and private keys are stolen. Databases can be audited for consistency, resulting in either the detection of compromised systems or the demonstration that participants were honest. Actual transaction costs are fractions of a cent.

The Business

The scalable business model for Taler is the operation of the payment service provider, which converts money from traditional payment systems (MasterCard, SEPA, UPI, Visa, Bitcoin, ACH, SWIFT, etc.) to anonymous electronic coins in the same currency. The customer can then redeem the electronic coins at a merchant, who can exchange them for money represented using traditional payment systems at the exchange. The exchange charges fees to facilitate the transactions.

The Business Case

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Our financial news page explains in English how Taler can impact current developments in the global payment market.

Running a Taler payment service operator

The payment service operator runs the Taler exchange. The exchange charges transaction fees to customers or merchants. Its operational expenses are from wire transfers with the banking system and the operation of the computing infrastructure.

  • Cryptographic operations, bandwidth and storage costs are less than 0.01 cent per transaction.
  • Multiple Taler transactions can be aggregated into larger wire transfers to merchants to minimize wire transfer costs.
  • Protocol allows the exchange to charge fees for any expensive operation (withdraw, deposit, refresh, refund or aggregated wire transfers).
  • Partnership with banks establishes consumer trust.
  • Partnership with free software community enables rapid deployment.