Boom for

Governments & Central Banks

90% of all transactions in Africa, Latin America and South East Asia are cash based. This means that Governments are losing out of VAT revenue. On Boom, VAT is collected off all transactions

Boom for merchants

Why is Boom interesting for Governments and Central Banks?

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VAT Revenue Collection

On Boom, all transactions are subject to VAT collection, an important source of revenue for your treasury.

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Cashless Economy

By fostering a cashless economy, Boom lowers the costs of minting, printing, transporting and storing cash for Central Banks

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Liquidity Provision & Fiat Custody

As the issuer of banknotes, the sole risk-free asset in the financial system, Central Banks are Boom’s Liquidity Provider partners and the custodians of the cash deposits that serve as 1-to-1 collateral for all the tokenised currencies within the Boom DeFi Ecosystem. Thus, all transactions within Boom are ultimately settled in central bank money via RTGS interoperability with the Boom blockchain.

Our Ecosystem

Jacquemus
Chanel
LGR
Fireblocks
La French Tech
Apple
Mirai
Burberry
Nike
Audemars Piguet
Nintendo
Samsung
Northface
Cremieux
Hermes
Sony
Dior
Carhartt
La French Tech
Jacquemus
Chanel
LGR
Fireblocks
La French Tech
Apple
Mirai
Burberry
Nike
Audemars Piguet
Nintendo
Samsung
Northface
Cremieux
Hermes
Sony
Dior
Carhartt
La French Tech
Jacquemus
Chanel
LGR
Fireblocks
La French Tech
Apple
Mirai
Burberry
Nike
Audemars Piguet
Nintendo
Samsung
Northface
Cremieux
Hermes
Sony
Dior
Carhartt
La French Tech

Whether it’s ordering a pizza or booking your next holiday, all online payments require a bank account—yet over 2 billion adults worldwide remain unbanked, limiting their participation in the digital economy. They rely solely on cash, which cannot be spent online.

Boom Technologies Ltd (“Boom”) bridges this gap by digitising cash and connecting it to the global digital economy, empowering everyone to securely spend, accept, and save cash online—without ever needing a bank, while maintaining robust compliance with AML/KYC regulations. Each transaction is traceable, verified, and compliant with local and international financial regulations.

Digital assets are generally subject to high volatility, regulatory uncertainty, and operational risk. Users should conduct their own due diligence and may wish to seek independent financial advice before engaging in any digital asset activity.

Tokenised Cash on Boom — including the tokenised GBP (bGBP) — should not experience volatility because they are backed 1:1 by GBP-denominated reserves held in-country for the benefit of bGBP holders. These reserves are managed in a Boom Reserve Fund, custodied by regulated financial institutions, and may consist of short-term Government bonds, gold, Bitcoin, and cash.

Boom Technologies Ltd, registered in England & Wales (Company No. 15034868), is not a bank, does not operate as one, and does not intend to become one. Boom is not authorised or regulated by the UK Financial Conduct Authority (FCA).

Over 2 billion adults worldwide remain unbanked, limiting access to the digital economy. Most online payments require a bank account, but many still rely on cash, which can’t be used online.

Boom Technologies Ltd (“Boom”) digitises cash, enabling anyone to securely spend, accept, and save it online—without needing a bank account. Transactions are verified, traceable, and compliant with AML/KYC standards.

While digital assets involve volatility and regulatory risk, Boom’s tokenised GBP (bGBP) is backed 1:1 by GBP reserves held by regulated custodians. These may include government bonds, gold, Bitcoin, and cash.

Boom is not a bank and is not authorised or regulated by the UK Financial Conduct Authority (FCA).

BOOM Technologies (UK) Ltd © 2025 All Rights Reserved