Telefónica and Indra will develop the security network for the digital euro

Published 2026-10-31

Spanish companies Telefónica and Indra are going to work together on developing the security network for the digital euro. According to information published by El Nacional.cat, the two companies will take part in a project related to the future digital currency of the European Union.

The digital euro is an electronic version of the euro that aims to complement cash. The idea is that citizens and businesses can make digital payments easily, in any country in the eurozone. The European Central Bank has been promoting this project for several years, and security is one of the most important aspects of the initiative.

Telefónica is one of Spain's major telecommunications companies, with a presence in several countries. Indra, for its part, is a technology company specialising in defence, transport and digital solutions. The participation of the two companies in this project shows the importance of Spanish technology in European financial infrastructure.

The security network will be a key element in protecting transactions and users' data against fraud and cyberattacks. Although the available information is still limited, this work is expected to help ensure that the digital euro has a reliable system ready for widespread use.

Development of the digital euro is ongoing, and there is still no definitive date for its full launch. For now, the announcement by Telefónica and Indra is one more step in the process that seeks to modernise payments in Europe and adapt them to digital life.

Sources: El Nacional.cat

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