‘Ripple VP to Speak at Digital Pound Webinar on CBDC Use Cases and Benefits’

• Ripple’s Vice President of Central Bank Engagements and CBDCs, James Wallis, will be delivering the keynote at a webinar on the potential use cases and benefits of a digital pound in the UK.
• The webinar is hosted by the Digital Pound Foundation, which Ripple joined in October 2021.
• The panel will focus on the potential benefits of CBDCs, and how they can be used in the UK.

Ripple is actively working to drive the agenda of Central Bank Digital Currencies (CBDCs) across the globe, and one country where the company is particularly active is the United Kingdom. On Thursday, January 26, James Wallis, Vice President of Central Bank Engagements and CBDCs at Ripple, will be delivering the keynote at a webinar addressing the potential use cases and benefits of a digital pound.

The webinar is hosted by the Digital Pound Foundation, which Ripple joined in October 2021. The foundation is focused on the development and launch of a digital pound in the United Kingdom. Susan Friedman, Head of Policy at Ripple, is part of the foundation and serves as a board member to help strengthen Ripple’s initiative to engage with central banks worldwide on technical and policy issues related to CBDCs.

Participating in the discussion will be William Lorenz (co-leader of the Digital Pound Foundation’s use case working group), Chris Ostrowski (CEO and co-founder, SODA), Jakub Zmuda (strategy officer, Modulr), Andrew Dare (CTO banking and financial markets director advisory expert, CGI), Claire Conby (managing director at Billon), and David Karney (head of digital assets, Worldline).

The panel will focus on the potential benefits of CBDCs, and how they can be used in the United Kingdom. It will look at the use cases and benefits they can offer, such as increased financial inclusion, improved access to financial services, and the potential for reduced transaction costs. The discussion will also address the wider implications of CBDCs, such as new economic models, and the impact on global payments.

In its predictions for 2023, the Ripple leadership team highlighted Central Bank Digital Currencies as one of the biggest trends, and the webinar will provide a great opportunity to explore the potential of CBDCs in the UK. With the participation of industry leaders, the webinar will be a valuable resource for those interested in learning more about CBDCs and their potential applications.