Xbox officially announced the disc to digital program

[BraLoD]

Zippy6 said:

I'm just hoping that an Xbox One can be used to digitise Xbox Series discs. After all it doesn't have to be able to play the game, just read the license on the disc. But I have a feeling that while it would be technically possible MS won't support it.

Would be useful to get your disc games playing on a Series S if you already have an Xbox One.

Likely will only be the case if the game is compatible with both the One and Series, not if its Series exclusive, I believe you'll need a Series X for that.