The Paypers - Digital Pound Foundation

Phase 2 CBDC Pilot Transitions to Offline Payments, with JCB, IDEMIA, and Soft Space

The JCB Digital Currency (JCBDC) initiative, spearheaded by JCB in collaboration with IDEMIA and Soft Space, has entered its second phase. This project is focused on enhancing Central Bank Digital Currency (CBDC) transactions. During the initial phase, the team developed a CBDC payment system that allowed merchants to accept digital currency payments without altering their […]

Reserve Bank of Australia and Digital Finance CRC Conclude Study on CBDC Implementation

The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) have collaboratively presented the findings from their joint research initiative, which focused on evaluating the viability of introducing a central bank digital currency (CBDC) in Australia. The report outlines conclusions drawn from the endeavour, which entailed active involvement from the industry […]

Monoova executes a cross-border settlement using the Australian CBDC

Source: The Paypers Australia-based Monoova has successfully completed the first real-world cross-border settlement using the Australian dollar CBDC. The feat was achieved during an invitation-only event held by the Reserve Bank of Australia (RBA) in collaboration with the Digital Finance Cooperative Research Centre for participants in the Australian Central Bank Digital Currency (CBDC) pilot project. The pilot […]

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.