Thefastmode Telefónica and Minsait to Build Secure Infrastructure for Digital Euro
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- •Telefónica and Minsait selected for ECB's digital euro infrastructure.
- •The project will enhance secure communications among financial intermediaries.
- •Deployment begins on May 3, 2027, with a focus on technological sovereignty.
Telefónica and Minsait have been selected by the European Central Bank (ECB) to develop the communications and security infrastructure for a future digital euro. This 10-year project aims to interconnect public and private financial intermediaries, including banks and payment service providers. The infrastructure will combine cybersecurity, data center capabilities, and technology integration to ensure secure transactions and communications. The contract is set to begin on May 3, 2027, and aims to enhance Europe's technological sovereignty. Minsait will provide digital identity solutions and cybersecurity services, while Telefónica will deploy a secure MPLS network and SD-WAN capabilities. The project is expected to facilitate transactions without requiring an internet connection, thereby broadening access for European citizens and businesses.
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