MIT Releases Source Code for CBDC Architecture
This week, MIT's Digital Currency Initiative (MIT DCI) unveiled the code of its latest research project, PArSEC (Parallelized Architecture for ...
Tag: MIT
Discover how MIT drives innovation in technology, science, and finance, shaping advancements in payments and banking through cutting-edge research, education, and global collaboration.
Will Generative AI Revolutionize the Payments Industry?
Artificial Intelligence (AI) and machine learning (ML) are advanced technologies that are used by the payments industry to detect fraud attacks. ...
Could MIT’s Open Source CBDC Code Enact Closed Loop Payments?
The CBDC code was released just yesterday by MIT and the Boston Fed, so it is too early to say ...
As MIT/Fed Release of Info on US CBDC Pilot Nears, Fed Official Shares Significant Reservations.
The rumor is that the Fed and MIT will release the results of their Central Bank Digital Currency (CBDC) research ...
Thanks, MIT, We Know Credit Cards Can Make You Feel Good
We probably did not need rocket scientists to tell you that credit card purchasing makes you feel good, but the ...
Fed Partners with MIT to Develop a Hypothetical Digital Coin
The Fed is currently committed to developing FedNow, a real-time payments system, but it has just announced it partnered with ...
AI Gets Closer to Writing Software
Mercator Advisory Group predicted AI would assist in software development in its 2017 report “Bringing AI into the Enterprise: A ...
Speeding up Crypto Using a New Payment Channel Network Design (Faster Than Lightning)
The topic of payment channel networks is arcane but also required to speed up blockchain transactions. Bitcoin uses Lightning and ...
Cash Is Almost Dead. MIT Measures the Trend by Country and Warns of Consequences.
We frequently hear that cash is almost dead. This article is worth reading and provides a quick review of the ...
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