The ECB is investigating the deployment of the digital euro’s offline functionality on an embedded Secure Element (eSE) and embedded SIM (eSIM) of end-user’s devices.
To improve its understanding of market, technical, and business aspects of such a deployment, it is calling for input from Original Equipment Manufacturers of mobile devices, Mobile Network Operators and specialised Trusted Service Managers.
The ECB is currently almost mid-way through a a two-year preparation phase aimed at laying the foundations for the potential issuance of a digital euro.