Boston Fed & MIT Publish Initial Findings of Their CBDC Research

Yusra3

VIP Contributor
The Federal Reserve Bank of Boston and the Digital Currency Initiative at the Massachusetts Institute of Technology (MIT) delivered the underlying discoveries of their central bank digital cash (CBDC) research on Thursday.

This exploration is discrete from the computerized dollar research led by the Federal Reserve Board. The Federal Reserve additionally as of late distributed its hotly anticipated CBDC report.The coordinated effort between the Boston Fed and MIT, known as Project Hamilton, "centers around mechanical trial and error and doesn't expect to make a usable CBDC for the United States," they clarified. The drive was reported in 2020.
 
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