{"id":4130,"date":"2021-04-01T07:08:09","date_gmt":"2021-04-01T07:08:09","guid":{"rendered":"https:\/\/afluxcoin.com\/08\/boston-fed-mit-to-release-digital-dollar-prototypes-as-soon-as-july\/"},"modified":"2021-04-01T07:08:09","modified_gmt":"2021-04-01T07:08:09","slug":"boston-fed-mit-to-release-digital-dollar-prototypes-as-soon-as-july","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/es\/08\/boston-fed-mit-to-release-digital-dollar-prototypes-as-soon-as-july\/","title":{"rendered":"Boston Fed, MIT to release digital dollar prototypes as soon as July"},"content":{"rendered":"<p>Kolin LukasCentral Bank Digital CurrencyResearchers at the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) will unveil prototype central bank digital currency systems as early as July, according to a new report from Bloomberg.The researchers, whose collaboration was announced in August 2020, have been \u201cdeveloping prototypes for a digital dollar platform,\u201d according to Bloomberg.James Cunha, who leads the project for the Boston Fed, said that the team will unveil at least two platforms capable of moving, storing, and settling digital dollar transactions. He declined to say whether any of them use blockchain technology.Last month, Federal Reserve chair Jerome Powell told the House Financial Services Committee that 2021 would be \u201can important year\u201d for the digital dollar in that the central bank would be engaging a lot more on the issue with the public.Cunha said the research at the Boston Fed is meant to demonstrate what\u2019s possible. The bank is not advocating for a specific policy. \u201cWe think it\u2019s important that we not wait for the policy debate because then we\u2019ll be a year or so behind,\u201d Cunha told Bloomberg.<\/p>","protected":false},"excerpt":{"rendered":"<p>Kolin LukasCentral Bank Digital CurrencyResearchers at the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) will unveil prototype central bank digital currency<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/4130"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=4130"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/4130\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=4130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=4130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=4130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}