Boston Fed-MIT team hails successful CBDC test

The project’s two open-source systems were able to process large transaction volumes


Researchers in the US released the much-anticipated findings of a joint central bank digital currency (CBDC) infrastructure project on February 3, highlighting significant achievements on processing speed.  

The collaboration between the Massachusetts Institute of Technology and the Boston Fed, called Project Hamilton, began in 2020.

As well as releasing findings from the first phase, researchers opened their code up for alteration, comment and copy. Engineers and the public are encouraged to

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