Project Polaris - Digital Pound Foundation

BIS Unveils Comprehensive Guide on Offline Payments for CBDCs

The BIS Innovation Hub has recently published a pivotal high-level design guide for Central Bank Digital Currencies (CBDC) as a part of its ongoing Project Polaris, focusing on the intricate realm of offline payments. Creating an effective offline payment system using CBDC is a formidable task, fraught with challenges and requiring careful consideration of various […]

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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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