Project Hamilton – MIT experts test technical research for a hypothetical central bank digital currency in the U.S.

The researchers developed two complete sets of computing source code, or “codebases,” for the software systems. One codebase was capable of handling 1.7 million transactions per second, with 99 percent of those transactions finishing in less than a second. Collaboration with Federal Reserve Bank of Boston yields progress in understanding how a digital currency might be developed in the future. In collaboration with a team at the Federal Reserve Bank […]