Tagged: mit

MIT to Collaborate with Another Central Bank on CBDC as Bank of England Enters 12 Month Project on Digital Pound

The Bank of England has enlisted the Massachusetts Institute of Technology (MIT) to engage in a project to review the potential of a digital pound or central bank digital currency (CBDC). The collaboration between the Bank and the MIT Media Lab’s Digital Currency Initiative (DCI)… Read More

Boston Federal Reserve, MIT Publish CBDC Document, Creates Platform Capable of 1.7 Million Transactions per Second

The Federal Reserve of Boston and the Massachusetts Institute of Technology (MIT) have published a whitepaper on the possibility of a central bank digital currency or CBDC. The document has been anticipated for some time as the collaboration was announced in 2020. The initiative has… Read More

Financial Services Platform Evrynet Welcomes Three New Advisors Following $7M Private Round

Evrynet, a financial service platform, is pleased to confirm several additions to its list of project advisors. The team at Evrynet attracts talent from within the blockchain and crypto space and MIT to further expand its reach in the financial industry. More collaborations are “expected… Read More

400 Emerging Technologies or EmTech Scholarships to be Offered by Santander and MIT Professional Education

Banco Santander (NYSE: SAN) (via Santander Universities) and MIT Professional Education are providing 400 “Santander Tech | Emerging Technologies Program by MIT Professional Education” scholarships “geared at courses related to in-demand technologies such as blockchain, AI, and cybersecurity in a job market dominated by digitalization… Read More

Kim Hamilton Duffy Joins Centre, Established by Coinbase and Circle, as Director of Identity and Standards

Centre, the consortium that has been established by global Fintech Circle and digital assets firm Coinbase (COIN: Nasdaq) to offer standards and governance for USD Coin (USDC), which has become one of the  fastest-growing “digital dollar” currencies, reveals that recent MIT Digital Credentials Architect Kim… Read More

Kurt Nielsen: President at Partisia Blockchain Explains Why they’re Developing Web 3.0 Privacy Infrastructure

Partisia Blockchain, the Web 3.0 public (or permissionless) blockchain developed for trust, transparency, and privacy, recently confirmed the appointment of experienced cryptographer Christian Cachin to their team. Dr. Christian Cachin, a former computer scientist working at IBM, has joined the team as a Consensus and… Read More

Quantum Resistant Ledger Partners with Insight’s Quantum Cryptography Research Unit, Hires Senior Marketing Professional

The Quantum Resistant Ledger (QRL) Foundation, which is an organization that has developed a quantum-secure blockchain network and digital asset platform, has teamed up with Insight’s quantum cryptography research division. Both organizations will be working on global standards for QRL’s “quantum-secure” Proof-of-Stake network, which is… Read More

Jerome Powell on Central Bank Digital Currency: We are committed to considering a CBDC and its benefits

Jerome Powell, Chairman of the Board of Governors of the US Federal Reserve, participated in a virtual panel today hosted by the International Monetary Fund (IMF) on the topic of Central Bank Digital Currency (CBDCs). Powell said the Fed is committed to considering a CBDC… Read More

The Federal Reserve Bank of Boston Joins Forces With MIT For Digital Currency Research

The Federal Reserve Bank of Boston announced on Thursday it has formed a multi-year partnership with the Digital Currency Initiative at the Massachusetts Institute of Technology (MIT) for research related to a central bank digital currency. According to the organization, this research project will explore… Read More

MIT Professor Says Digital ID Tech to Monitor Health Status Similar to Digital Payments Could be Key to Opening Up Economy

An MIT professor believes that a new digital identity certifying an individual’s health status could be key to re-opening the economy that has been crushed by the COVID-19 pandemic. MIT Professor Alex “Sandy” Pentland says digital tools can certify a person’s health to create safe… Read More

DLT or Blockchain and Central Bank Digital Currencies Might Enhance Global Financial Systems, According to Monetary Policy Experts

Three industry professionals, who are considered experts on monetary policies and cryptocurrency, recently talked about the current challenges and potential benefits of introducing central bank-issued digital currencies, or CBDCs.  The discussions took place on March 7, 2020, at the Massachusetts Institute of Technology (MIT) Bitcoin… Read More

MIT Fintech Conference – Boston

Welcome to the MIT Fintech Conference The MIT Fintech Conference is a student-led event at MIT Sloan School of Management The 2020 MIT Fintech Conference, one of the nation’s largest student-run fintech events, is the 6th annual conference planned and organized by MIT students. Our… Read More

Christian Catalini: Co-Creator of Libra Explains How the Facebook-led Project Aims to Enable Financial Inclusion

Christian Catalini, co-creator of the Facebook-led Libra payment system and head economist at Calibra, a subsidiary of the social media giant that’s focused on developing a digital wallet for Libra, says he’d been doing research in the cryptocurrency and blockchain space for many years before… Read More

MIT Technology Review’s Business of Blockchain 2019 – Cambridge, MA

We’ve seen how powerful blockchain technology can be, but how disruptive can it really become? Fundamental technological and market-related challenges still stand in the way of potentially world-changing applications. Now that the mania of 2017 and early 2018 has worn off, which projects and ideas… Read More

Going Crypto: MIT Creates a Better Bitcoin with Vault

The Massachusetts Institute of Technology (MIT) has always been an active participant in the crypto industry but typically this engagement has been more in the form of commentary. This week, researchers at MIT have dived into crypto by creating the ability to build a better… Read More

Hope Liu: Eximchain’s Mission is to Become the Blockchain Infrastructure for Supply Chain Applications

From supplier credit to inventory management, Eximchain is developing a Blockchain that combines privacy, accessibility, and security to support enterprise-ready applications. Eximchain looks to leverage the power of Blockchain, so stakeholders within a supply chain can connect, transact, and share information more efficiently and securely…. Read More

Dr. Leonid Kogan, Chair of the Finance Department at MIT Sloan, Joins 55 Institutional Partners

Dr. Leonid Kogan, Chair of the Finance Department at MIT Sloan School of Management, has joined deep data company 55 Institutional Partners as Chief Investment Scientist. 55 Institutional Partners is an “investment science firm” that helps enterprise customers implement tax optimized enhanced portfolios. Kogan’s research covers theoretical and empirical… Read More

MIT Uses Hackathon to Bring Togther Fintech & Traditional Services

MIT’s recent fintech hackathon, its first ever, connected the Fintech industry with more traditional financial services. This combination is yet another signal that Fintech is changing. Priscilla Cherie Koepke, the FinTech Practice Leader at MIT’s Martin Trust Center for Entrepreneurship, is tasked with creating an… Read More

Blockchain: New MIT Research Looks Beyond the Hype

With a market capitalization of approximately $12 billion and with the price of Bitcoin reaching towards its 2016 high, Bitcoin is both the most established and the most secure cryptocurrency. Its ascendancy has triggered both a great deal of enthusiasm and a fair share of… Read More

Christian Catalini & Joshua Gans: Bitcoin & Blockchain will Challenge Existing Models & Incumbent Businesses

Christian Catalini of MIT is out with a new paper – this time on the future of Bitcoin and Blockchain technology.  Catalini may be best known for his work on crowdfunding but with this publication, Catalini has partnered with Joshua Gans of the University of… Read More

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