Privacy
Taler ensures strong privacy protection for users by not recording their identity during transactions. Only the merchants have to identify themselves, which limits the exposure of personal data.
Security
Taler uses cryptographic protocols to secure transactions and mitigate fraud, providing a safe platform for both merchants and customers.
Compliance
Taler is designed to comply with regulatory requirements, such as anti-money laundering (AML) and tax regulations, due to its design which ensures taxable payments and reporting.
Cost Efficiency
The platform aims to offer low transaction fees compared to traditional banking and other payment systems, making it cost-effective for both merchants and consumers.
Open Source
Being open-source software means that Taler's code is available for public scrutiny, which fosters transparency and allows developers to contribute to its improvement.
Microtransactions
Taler supports efficient microtransactions, which are beneficial for digital content providers and services that involve small payments.
> Moving to a cashless society has some real drawbacks when it comes to privacy and freedom. As I understand it, the people developing GNU Taler, are trying to solve this problem and have come up with a promising system. https://taler.net/en/. - Source: Hacker News / over 1 year ago
GNU Taler is an example of the third possibility. If Bitcoin is "digital gold," Taler is digital banknotes. Source: about 2 years ago
You should check out GNU Taler[1]. Literally attempting to solve this problem. [1]: https://taler.net/en/. - Source: Hacker News / about 2 years ago
Beyond 2FA, some type of chaumian cash like https://taler.net/en/ might help too. But the problem is really downgrade attacks. There are multiple payment systems (bank wire, check, credit card ) and if there is one insecure way to make payments, then the whole system is broken. - Source: Hacker News / over 2 years ago
GNU Taler comes to mind but the adoption is not there. Source: over 2 years ago
GNU Taler? https://taler.net/en/ - Actually designed for payments - Doesn't use silly blockchain token nonsense - Allows for collecting taxes easily. - Source: Hacker News / over 2 years ago
> There have been plenty of times that I didn't want to hand over my name and address for an online purchase, but the traditional payment systems aren't set up for privacy. Private payments can easily solved without a blockchain. For private payments you don't need a completely trust-less system. Taler[1] solves this quite elegantly: they provide completetly anonymous payments for the customer but still require... - Source: Hacker News / almost 3 years ago
But you don't need cryptocurrencies for a local currency. In fact, you better not use one because you don't need the distributed part of it, and you definitely want to be able to control the money supply. A centralized electronic system or a paper-based system are all you need. Or maybe use Taler[1] if you want some cool tech with bleeding edge cryptography. [1]: https://taler.net/en/. - Source: Hacker News / about 3 years ago
That is true, and I believe crypto will end up either occupying a quasi-(il)legal niche or superseded by something like Taler. Source: over 3 years ago
I got an update: while asking the same question on Aether (OS social media, check it out), someone proposed the use of Taler. Seems buggy, but it's very recent as well, and it seems to be promising. Please let me know what you think. Source: almost 4 years ago
How does this compare to GNU Taler[0] ? [0] https://taler.net/en/. - Source: Hacker News / almost 4 years ago
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