Massachusetts Institute of Technology (MIT) - MIT is helping the Boston Fed build a CBDC that can be scaled for consumer use

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.”

Federal Reserve Bank (FED) & Massachusetts Institute of Technology (MIT) - Fed partnering with MIT to develop "hypothetical digital currency"

Title:
Fed partnering with MIT to develop "hypothetical digital currency"

Author:
Paul Best

Published:
Fox Business, 13 August 2020
https://www.foxbusiness.com/money/fed-partnering-with-mit-to-develop-hypothetical-digital-currency

From the article:
The Federal Reserve Bank of Boston is partnering with the Massachusetts Institute of Technology to develop, test, and research a hypothetical digital currency over a two to three year period.

Federal Reserve Board Governor Lael Brainard said that the Fed is investigating whether a central bank digital currency (CBDC) would be safe and efficient for widespread use.