Korea - Digital Pound Foundation

Bank of Korea and Korea Exchange Embark on Groundbreaking DLT and CBDC Trials for Carbon Trading

Bank of Korea and Korea Exchange are initiating a comprehensive exploration of Distributed Ledger Technology (DLT) and Central Bank Digital Currency (CBDC) within the carbon trading sector. This venture is set to unfold through a series of experimental trials, planned for the second half of 2024. Both the central bank and the exchange are well […]

Samsung is exploring an ‘offline’ digital currency that works with Galaxy phones

Source: CNBC Consumer tech giant Samsung is looking into launching a central bank digital currency in a collaboration with the Bank of Korea. The South Korean electronics firm said Monday that it had signed a memorandum of understanding with the country’s central bank to conduct technical research on the digital currency. Samsung said such a CBDC, which […]

Korea CBDC research to include 10+ banks

Original Source: Ledger Insights The Bank of Korea has completed the first and second phases of its retail central bank digital currency (CBDC) simulations and is now progressing to real-world tests involving at least ten commercial banks, Aju Economy reported. Those banks will include Shinhan Bank and NH Nonghyup Bank. The central bank plans to publish a report on […]

Bank of Korea Says First Phase of CBDC Test Completed Successfully

Rise of the central bank digital currencies: drivers, approaches and technologies

Proceeding with caution – a survey on central bank digital currency

CPMI Markets Committee Report

About the Foundation

Whilst most CBDC experiments have involved private sector technology providers, the overwhelming majority of these experiments, to date, have not involved participation from other private sector actors. The Digital Pound Foundation is unique in proposing a model whereby the public and private sectors can fully engage in the design, development and adoption of a digital Pound, thus contributing to its successful roll-out and helping drive forward the UK’s transition to a digital economy.

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Collaborate with other members through our various working groups, discussing and building concepts around use cases and payments, innovative approaches to privacy, identity, and sustainability, and addressing legal and regulatory concerns collaboratively. Join our events, both in-person and online, and participate across our panel discussions, roundtables, and webinars. Meanwhile, our audience is large and growing quickly, providing members with additional outlets to share and amplify their latest news and developments.