The Federal Reserve Bank of Boston and the Massachusetts Institute of Technologt Digital Currency Initiative issued its first findings into researching technologies for a central.
Move toward digital dollar gains steam as Boston Fed says its prototype can handle 1.7 million transactions per second morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
The work of creating a possible digital dollar inched ahead Thursday with research by the Federal Reserve Bank of Boston into the code that could eventually support such a currency.
Boston Federal Reserve, MIT Publish CBDC Document, Creates Platform Capable of 1.7 Million Transactions per Second crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
In collaboration with the Federal Reserve Bank of Boston, MIT experts have begun designing and testing a technical framework through which Central Bank Digital Currency (CBDC) research can be performed in the U.S.