Taler

Taler is an elementary coin system.

The GNU Taler project devises a payment system founded on strong cryptography. Do not get this confused with Blockchain, which is more of a hype with rather light cryptography and mostly inherited properties from peer-to-peer networks.

Taler is strong enough for running a digital government currency. But it can express anything as a Taler currency. The system recognises the various roles that come into play when managing currencies, and it develops software for each of them.

This project builds on Taler by defining currencies and procedures for fully backed values, and allowing international exchange between institutions that follow the same notion of value. It is but one way of using the Taler system.