Crunchfish Patents Await Approval in India and China—Offline Payments Could Go Global

Image Source: Crunchfish

Swedish deep-tech firm Crunchfish AB is advancing its global intellectual property footprint with patent applications currently pending in India and China. These filings pertain to the company’s Digital Cash offline payment architecture, which enables secure transactions even without internet connectivity—a breakthrough for financial inclusion and payment resilience.

Patent Scope & Innovation

The pending patents cover Crunchfish’s Reserve, Pay, and Settle (RPS) model, a layer-2 payment solution that allows digital IOUs to be exchanged offline and settled once connectivity is restored.
The technology is designed to work across real-time payment networks (like UPI), card systems, CBDCs, and mobile money platforms, making it network-agnostic and highly interoperable.
The solution enhances security, scalability, and survivability in both online and offline environments.

Global Momentum

Crunchfish has already secured patents for this innovation in the United States, Europe, and most recently Taiwan, where the patent is valid until January 2041.
The company received a positive International Preliminary Report on Patentability, boosting confidence in approvals from Indian and Chinese patent offices.
A hearing in India is scheduled for late July, while communications with China’s patent office are ongoing in writing.

Strategic Significance

Approval in India would be a major win, especially given Crunchfish’s ongoing pilot with HDFC Bank and interest from the Reserve Bank of India (RBI).
China’s vast mobile payments ecosystem presents another high-impact opportunity for deployment of Crunchfish’s offline payment tech.

Leadership Commentary

“It’s extremely gratifying to see our foundational patent application progressing globally. Taiwan’s grant strengthens our optimism for India and China,” said Joachim Samuelsson, CEO of Crunchfish AB.

Sources: Crunchfish, Cision, MarketScreener, Placera

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