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Joachim Samuelsson

CEO på Crunchfish AB

Joachim Samuelsson is the CEO of Crunchfish AB, a position he has held since March 2020. Prior to becoming CEO, he served as the Chairman of the Board from 2012 to 2020. Samuelsson has a rich background as a serial entrepreneur, starting his career in 1996 and founding several successful companies, including ComOpt AB, Actix Ltd, and Biomain AB. He has been involved in various roles within Crunchfish, including being a board member since 2012 and holding executive positions in other companies like Blippit AB and Crunchfish Digital Cash AB.13

Education and Experience

Samuelsson earned a Master of Science degree in Industrial Engineering and Management from Linköping University in 1988. His professional journey includes significant experience at Ericsson from 1989 to 1996, where he contributed to technological advancements and holds numerous patents in digital payments and proximity-based interaction.12

Innovations and Achievements

As a pioneer in the field of digital cash, Samuelsson has been instrumental in developing technologies that replicate the properties of physical cash in a digital format. He has also contributed to gesture control technologies for augmented reality applications. His entrepreneurial efforts have led to the successful sale of several ventures for over a billion Swedish Krona, and he has received multiple accolades for his contributions to entrepreneurship, including being named the most entrepreneurial person in Southern Sweden in 2012.23

Current Roles

In addition to his role as CEO, Samuelsson is active in various ongoing assignments, including being a board member in Crunchfish Digital Cash AB and Crunchfish Gesture Interaction AB, among others.1 His extensive experience and innovative approach continue to drive Crunchfish's mission in the digital payments sector.

Highlights

Aug 3 · linkedin

European Central Bank (ECB) seeks to engage the mobile industry to discuss how to deploy offline payment applets on hardware-based Secure Elements. https://lnkd.in/dXznBN68 This request confirms Crunchfish’s long-standing view that there is no ecosystem in place for provisioning third party applets to all mobile devices in the market.

At the same time Crunchfish has a ready Digital Cash solution, already approved by the Reserve Bank of India https://lnkd.in/gchXZAhN, built within a virtual Secure Element that can be deployed to all mobile devices as it is distributed using the standard app ecosystem (iOS Appstore and Android Google Play).

For offline payment it is key have a secure isolated runtime to avoid double spending. This is the function that must be delivered. It is a mistake to assume that this function must be delivered by hardware-based Secure Element, when superior forms using virtual Secure Elements exist that are deployable in practice.

Crunchfish latest whitepaper - Function before form: Assumptions to avoid in designing retail CBDC systems - published in the July edition of Central Bank Payments News highlights the issue. https://lnkd.in/d9umpzzm

Jul 29 · linkedin

Central Bank Payments News July 2024 edition was published today with a whitepaper from Crunchfish - Function before Form: Assumptions to Avoid when Designing Retail CBDC Systems

https://lnkd.in/d9umpzzm

The whitepaper discusses two pre-mature design decisions on form for retail CBDC systems that has negative consequences on function. First, the assumption of representing retail CBDC as a digital banknote. A layer-2 approach which improves privacy and has better ability to pay with exact amounts is discussed in the whitepaper. The second example of pre-mature assumptions on form relates to hardware-based secure elements. The whitepaper discusses trusted client applications in virtual secure elements as a better form for implementing the retail CBDC function.

Here is a link to Crunchfish whitepapers: https://lnkd.in/dQd9Xhgb

Related Questions

What are some of Joachim Samuelsson's most notable achievements at Crunchfish AB?
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Joachim Samuelsson
Joachim Samuelsson, photo 1
Joachim Samuelsson, photo 2
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Location

Greater Helsingborg Metropolitan Area