Federal Reserve and MIT Begin Developing a New Digital Dollar

02.07.2022 " data-image-caption="" data-medium-file="https://i0.wp.com/dailyhodl.com/wp-content/uploads/2022/02/develop-new-digital-dollar.jpg?fit=300%2C176&ssl=1" data-large-file="https://i0.wp.com/dailyhodl.com/wp-content/uploads/2022/02/develop-new-digital-dollar.jpg?fit=1024%2C600&ssl=1" /> The United States Federal Reserve and researchers at the Massachusetts Institute of Technology (MIT) are collaborating on a central bank digital currency (CBDC) initiative called Project Hamilton. Project Hamilton has now tested a digital dollar that the Fed claims can process 1,700,000 transactions per second. According to the project’s whitepaper, “Our primary goal was to design […] The post Federal Reserve and MIT Begin Developing a New Digital Dollar appeared first on The Daily Hodl.

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