Title:
MIT is helping the Boston Fed build a CBDC that can be scaled for consumer use
Author:
Michael Kapilkov
Published:
Cointelegraph, 3 September 2020
https://cointelegraph.com/news/mit-is-helping-the-boston-fed-build-a-cbdc-that-can-be-scaled-for-consumer-use
From the article:
The MIT Digital Currency Initiative, or DCI, is helping the federal reserve bank of Boston build a digital currency with the goal of scaling for consumer use. The DCI’s director Neha Narula told Cointelegraph:
“We're trying to build a high throughput, low latency transaction system that could be used by consumers and could handle the security and resilience required for a national currency.”