Crunchfish and Tata Consultancy Services (TCS) have entered into an alliance agreement targeting Central Bank Digital Currency (CBDC) projects around the world where Crunchfish will augment the Quartz solution for CBDCs with offline payments capabilities. A part of the Tata group, India's multinational business group, TCS has over 601,000 of the world's best-trained consultants in 55 countries. Quartz(TM) provides foundational technology, tools and business components that harness the power of next-gen technologies including DLT, AI/ML for organizations across varied industries.

As a highly resilient technology, DLT can seamlessly integrate CBDCs with data-intense banking operations in a secure manner and enable a retail digital payments transformation. Crunchfish complements by providing resilience on the edge by device-agnostic trusted client applications that may be used for offline payments in both CBDCs and commercial payments systems. Crunchfish and TCS have entered into an alliance agreement to augment the Quartz solution for CBDCs with offline payments enabled by Crunchfish's patented Digital Cash solution. Offline payment availability is considered essential in CBDC projects to enable cash-like functionality in digital form.

Crunchfish and TCS will work together to offer this combined solution for customers looking to integrate CBDCs into their business landscape.