TCS and Deeptech Co. Crunchfish Join Hands for Digital Currency (CBDC) Projects Around the World

Deeptech company Crunchfish and Indian IT giant Tata Consultancy Services (TCS) have recently formed an alliance agreement to enhance the Quartz solution for Central Bank Digital Currency (CBDC) projects.

The collaboration aims to provide offline payment capabilities for CBDCs, allowing cash-like functionality in digital form.

Crunchfish, a Swedish company specializing in digital cash solutions, has been listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden, and a subsidiary in India.

Together, Crunchfish and TCS will target Central Bank Digital Currency (CBDC) projects around the world where Crunchfish will augment the Quartz solution for CBDCs with offline payments capabilities. Developed by TCS, Quartz provides foundational technology, tools, and business components for CBDCs. It harnesses the power of next-gen technologies, including DLT (Distributed Ledger Technology) and AI/ML.

Quartz enables secure integration of CBDCs with data-intensive banking operations.

Crunchfish complements Quartz by providing device-agnostic trusted client applications for offline payments. These applications can be used in both CBDCs and commercial payment systems. Offline payment availability is crucial for CBDC projects.

The combined solution enhances both the backend and frontend of CBDC implementations. It ensures resilience, scalability, and security for CBDCs. Crunchfish and TCS will collaborate to offer this solution to central banks around the world, and other entities integrating CBDCs into their business landscape.

Several companies and organizations are actively involved in the development and exploration of Central Bank Digital Currencies (CBDCs).

China's digital yuan pilot is the largest in the world, reaching 260 million wallets across 25 cities. It has been used for various purposes, including transit, healthcare, and even purchasing crude oil.

The New York Federal Reserve has launched a Digital Dollar Pilot Program in collaboration with major banks and global payments provider Swift . Participants include BNY Mellon, Citi, HSBC, Mastercard, PNC Bank, TD Bank, Truist, U.S. Bank, and Wells Fargo.

BRICS founding members (Brazil, Russia, India, China, and South Africa) are exploring CBDCs. Several new members (Saudi Arabia, Iran, and the UAE) are also exploring cross-border wholesale CBDCs. Just a couple of month back, Iran has confirmed its collaboration with Russia on developing Central Bank Digital Currencies (CBDC) and tokenized assets for payments.

Mastercard, PayPal, Fiserv, and Stripe have weighed in on CBDCs, with their comments publicly available for viewing on the Fed's website.

The European Central Bank is actively preparing for the launch of the digital euro, conducting practical tests and settling transactions in a controlled environment.

Notably, CBDC development involves collaboration between governments, financial institutions, and tech companies. The landscape is dynamic, with ongoing exploration and pilots worldwide.

Take Selfies Pictures without touching phone screens with GoCam App

Happy? Click! Sad? Click! Hungry? Click! Angry? Click! To all the selfie addicts out there, who just love clicking their photographs in every mood possible, your life has now been made easier by Crunchfish, a Swedish start-up.

The Swedish Start-up has come up with a unique app which lets the user take selfies or photographs of themselves without even touching the screen of their Smartphone. The application uses touchless technology for making this possible. Photographs can be taken from a distance of up to 3m.

This unique app has been appropriately named GoCam for iOS devices.  By using gestures to control your camera, the app provides an amazing camera for taking selfies and groupies without touching your phone screen. Now the user doesn't need to rush into her favourite pose or hold it for long time intervals just to get that perfect click. With GoCam, you just have to set your phone and click a photograph whenever you are ready with the app intelligent detect your gesture and click the photo.

In order to function properly, the mobile app accesses all the photographs on your Smartphone. To allow this, the user will have to go to settings, then click privacy, then select photos and then finally click GoCam.

The app is currently available only for iOS users. It can be downloaded free of cost right now but the offer is valid only for a limited time duration. The app was released on July 1, 2014 and is 24.9 MB in size.



Crunchfish, the company behind the app is based in the southern Swedish city of Malmo. It has a vision of simplifying interaction with mobile devices by providing a more intuitive touchless interface. The start-up was founded in 2010. Gesture recognition is considered as one of the best innovations made by the company till date. The company was even awarded as 2013 Red Herring 100 Europe Winner and recognized as a cutting edge technology company.

The company boosts that GoCam is the very first touchless camera application in the market with video recording, which allows the user to record videos touchless. The app lets the user capture spontaneous moments and then make the photos personal with filters and editing tools before sharing it with friends and family.

The app requires iOS 7.0 or later and is compatible with iPhone, iPad, and iPod touch.  GoCam has been specially optimized for iPhone 5.

[Top Image - Flickr]

Take Selfies Pictures without touching phone screens with GoCam App

Happy? Click! Sad? Click! Hungry? Click! Angry? Click! To all the selfie addicts out there, who just love clicking their photographs in every mood possible, your life has now been made easier by Crunchfish, a Swedish start-up.

The Swedish Start-up has come up with a unique app which lets the user take selfies or photographs of themselves without even touching the screen of their Smartphone. The application uses touchless technology for making this possible. Photographs can be taken from a distance of up to 3m.

This unique app has been appropriately named GoCam for iOS devices.  By using gestures to control your camera, the app provides an amazing camera for taking selfies and groupies without touching your phone screen. Now the user doesn't need to rush into her favourite pose or hold it for long time intervals just to get that perfect click. With GoCam, you just have to set your phone and click a photograph whenever you are ready with the app intelligent detect your gesture and click the photo.

In order to function properly, the mobile app accesses all the photographs on your Smartphone. To allow this, the user will have to go to settings, then click privacy, then select photos and then finally click GoCam.

The app is currently available only for iOS users. It can be downloaded free of cost right now but the offer is valid only for a limited time duration. The app was released on July 1, 2014 and is 24.9 MB in size.



Crunchfish, the company behind the app is based in the southern Swedish city of Malmo. It has a vision of simplifying interaction with mobile devices by providing a more intuitive touchless interface. The start-up was founded in 2010. Gesture recognition is considered as one of the best innovations made by the company till date. The company was even awarded as 2013 Red Herring 100 Europe Winner and recognized as a cutting edge technology company.

The company boosts that GoCam is the very first touchless camera application in the market with video recording, which allows the user to record videos touchless. The app lets the user capture spontaneous moments and then make the photos personal with filters and editing tools before sharing it with friends and family.

The app requires iOS 7.0 or later and is compatible with iPhone, iPad, and iPod touch.  GoCam has been specially optimized for iPhone 5.

[Top Image - Flickr]