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The Daily Hodl 2022-02-07 23:01:54

Federal Reserve and MIT Begin Developing a New Digital Dollar

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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