Project Hamilton – DIGIT INFO

US Lawmakers Say Any Digital Dollar Must Be Open, Permissionless, and Private

DIGIT — Sat, 03 Dec 2022 02:30:31 +0000

Nine U.S. lawmakers have raised concerns regarding the U.S. central bank digital currency project led by the Federal Reserve Bank of Boston. The lawmakers stressed: “Any U.S. CBDC must be open, permissionless, and private.” Congressmen Say Any US CBDC Must Be Open, Permissionless, and Private U.S. Congressman Tom Emmer (R-MN) announced Thursday that he has […]

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‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’

DIGIT — Fri, 04 Nov 2022 19:00:31 +0000

The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses a wholesale digital dollar in order to improve financial transactions. Michelle Neal, head of the bank’s Markets Group remarked on Friday that the research “indicated that settlement could occur in fewer than 10 seconds […]

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Fed and MIT’s CBDC research: Distributed Ledger tech has ‘downsides’

DIGIT — Fri, 04 Feb 2022 03:37:58 +0000

The researchers published results from “Project Hamilton,” which was first announced in 2020 to explore the use of existing and new tech to build and test a hypothetical CBDC platform.

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