New DPF Working Group launches to uncover real-world use cases for a digital Pound

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Published: January 12, 2023

The Digital Pound Foundation (DPF) is delighted to announce the launch of its Use Case Working Group co-led by Andrew Dare, CGI, and William Lorenz, DPF Expert Contributor, and would like to invite existing – and new – DPF members to participate. This is a practical Working Group looking to uncover real-world use cases for a digital Pound that will be valuable to UK citizens.

DPF Use Case Working Group Co-Leads: Andrew Dare of CGI, and William Lorenz, Expert Contributor for the Digital Pound Foundation

The Working Group will begin by defining the universe of possible use cases and quickly progress to focus on leading opportunities, which will be fully worked up with the intention for members to build actual demonstrations and proof-of-concept services. All of our work will be backed by the power of the DPF network, hosting sessions with regulators, banks and other stakeholders held as necessary.

If you are interested in joining this exciting new Working Group, and have yet to join the DPF, please contact us for further information. If you would like to learn more about the use cases and applications of a digital Pound, the DPF is also holding a webinar on this topic, entitled “What is a digital Pound really useful for?”, open to the general public, on 26 January 2023 at 4pm GMT.

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.

Join our community

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.