In December 2017 there was a news on the Jerusalem Post that the Finance Ministry and Bank of Israel are considering issuing a digital currency, a possible response to the frenzied cryptocurrency and bitcoin craze. The decision was taken considering the rise in Bitcoin trading inside the country.

The digital shekel would record every transaction by mobile phone and make it more difficult to evade taxation, according to a finance official who spoke to The Jerusalem Post on condition of anonymity.

The present value of a Shekel is US$ 0.025130. It is hard to predict what it's future will be? But it's developers say, Shekel is a peer-to-peer Internet currency that enables fast, zero cost payments to anyone in the world. It is global payment network, fully decentralized. Mathematics secures the network and allow individuals to control their finances. Shekel features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With industry support, volume and liquidity, Shekel is a proven medium of commerce.