The country’s digital currency ‘e-cedi’ will support offline transactions during the Ghana Economic Forum on Monday. Offline functionality will allow Ghanaians who lack reliable access to electricity and internet connectivity to embrace the country’s CBDC. The e-cedi would also be capable of being used in an offline environment through smart cards.
A smart card is a plastic credit card-sized card with a chip that allows its user to transact using a pre-loaded balance. A similar system has been trialled by Oxfam to facilitate payments using the decentralised stablecoin Dai to provide relief from environmental disasters.
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