Humanity has always tended to over-trust the computer. Simply put, we have a long history of misplaced, often naïve faith in next-big-thing technologies. This should...
A U.S. digital dollar is possible, and researchers have built the framework to prove it. That’s according to a multi-year project from the Federal Reserve...
As consumers have returned to shopping in physical stores, scammers have stepped up their use of card-present threats. For example, between June and November 2021,...
There has been a widespread assumption that central bank digital currencies (CBDCs) would be built on blockchain — or at least the distributed-ledger technology (DLT)...
For many years, Google, Meta, Amazon and other Big Tech companies have been the dominant players of Web 2.0, the traditional way we use the...
The quest for a digital dollar plodded along this week, with the Boston Fed and Massachusetts Institute of Technology’s (MIT) Digital Currency Initiative announcing results...
A digital dollar experiment by the Boston Fed and MIT was able to produce a functioning and fault-tolerant central bank digital currency (CBDC) design that...
In today’s top news, Boston’s Federal Reserve and MIT could reveal digital dollar prototypes this summer, and Jumio raised $150 million to expand its digital...
MIT’s Digital Currency Initiative has launched a new four-year bitcoin software and security effort research and development program, according to a company announcement. The program...