DFMI Begins Preparations for CBDC Tests in the UK

It has been announced that a cross-industry consortium has been established in the UK to design and test new ways of payment for the global financial system, the DFMI (Digital Financial Market Infrastructure) Consortium.

According to the information in the press release dated 17 August, special digital pound (dSterling) Project New Era, the group behind it, was founded by actors from many different sectors. DFMI (Digital Financial Market Infrastructure) consortium, of global currencies, current digital assets and Digital Central Bank Coins (CBDC) together an ecosystem projection that will allow to create and to evaluate will begin real-world testing for

Between them banks, payment providers, of telecommunications providers, financial technology companies and technology companies Members of the consortium will be announced as the pilot launches in the UK. However IBM, Finastra, FinClusive and Trust Payments There is already information that companies such as companies that have an important place in their own sectors are involved in the project.

The managers of the companies that are members of the consortium are generally quite satisfied with the project. hopeful states that it is. They state the common benefit that they think the project will provide as enabling more effective use of payment systems.

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