Digital US dollar edges towards reality as code developed by Boston Fed, MIT exceeds requirements

Source: Tech – South China Morning PostThe work of creating a possible US digital dollar inched ahead on Thursday with initial research by the Federal Reserve Bank of Boston into the code that eventually could support such a currency.The Boston Fed, in collaboration with the Massachusetts Institute of Technology’s Digital Currency Initiative, released a 35-page white paper on the findings of its technological research, which focused on developing software to process transactions. The researchers created and examined two possible…Read More

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