Unlocking the Potential of a Digital Pound: Ripple VP to Headline Webinar

– Ripple’s Vice President of Central Bank Engagements and CBDCs, James Wallis, will be delivering the keynote at a webinar addressing the potential use cases and benefits of a digital pound in the United Kingdom.
– The panel is hosted by the Digital Pound Foundation, which Ripple joined in October 2021, and includes various industry leaders discussing the benefits of CBDCs.
– The webinar is crucial to Ripple’s leadership team’s predictions for 2023, which highlighted Central Bank Digital Currencies (CBDCs) as one of the biggest trends.

On Thursday, January 26th, Ripple’s Vice President of Central Bank Engagements and CBDCs, James Wallis, will be delivering the keynote at a webinar addressing the potential use cases and benefits of a digital pound in the United Kingdom. Wallis will be joined by various industry experts and leaders to discuss the benefits of CBDCs, and the potential implications they may have for the future of digital payment systems.

The webinar is hosted by the Digital Pound Foundation, which Ripple joined in October 2021. Ripple’s Head of Policy, Susan Friedman, was appointed to the foundation’s board to strengthen Ripple’s initiative to engage with central banks worldwide on technical and policy issues related to CBDCs. Participating in the discussion with Wallis 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 webinar is crucial to Ripple’s leadership team’s predictions for 2023, which highlighted Central Bank Digital Currencies (CBDCs) as one of the biggest trends. To drive this agenda, Ripple continues to actively work with the private and public sectors. Through its involvement in the Digital Pound Foundation, Ripple is aiming to develop and launch a digital pound in the United Kingdom, which will provide a variety of benefits for digital payment systems.

During the webinar, Wallis and the panel of experts will discuss the potential benefits of CBDCs, such as increased efficiency and cost savings for financial institutions, better access to financial services for underserved populations, and improved economic stability. They will also touch on the challenges that come with the implementation of CBDCs, such as security, privacy, and scalability.

The webinar is an important step in Ripple’s mission to help shape the future of digital payments and make them more accessible to everyone. With CBDCs becoming increasingly popular, the panel of experts will be able to provide valuable insight into the potential uses and implications of a digital pound. The webinar is sure to be an informative and engaging event that will provide attendees with a better understanding of the potential of CBDCs.