The latest DCI news and research:
Why does innovation in financial services matter to everyone, and how can the public sector support its advancement? On Thursday, September 26, MIT’s Digital Currency Initiative was privileged to host a visit and fireside chat at the Media Lab on these questions and on the future of money with Dr. Agustín Carstens, General Manager of the Bank for International Settlements in Basel, Switzerland.
Madars Virza SM '14, PhD '17, a Research Scientist at the MIT Media Lab's Digital Currency Initiative (DCI), is the recipient of an IEEE Symposium on Security and Privacy Test of Time Award for “Zerocash: Decentralized Anonymous Payments from Bitcoin,” a paper he co-authored in 2014.
On April 16, Dr. Joachim Nagel, President of the Deutsche Bundesbank, the central bank of Germany, visited the MIT Media Lab. There, he announced this new collaboration between the Bundesbank and the DCI for central bank digital currency design research.
In November, MIT Digital Currency Initiative research scientist Daniel Aronoff participated in a panel discussion along with Ed Golding, Executive Director of the MIT Golub Center for Finance, on fintech and the digitization of finance at the MIT Research and Development Conference. The lively conversation touched on many topics relevant to DCI’s work, including safeguarding privacy in central bank digital currencies, decentralizing repo markets through smart contracts, and the future of cash.
MIT DCI research scientist Daniel Aronoff shared his work on US Treasury repo markets on two occasions this fall. He spoke on the “Repo on chain and collateral mobilization” panel at the 2023 Rates & Repo North America, and participated in the NBER Market Design Working Group Meeting. You can find information about his ongoing research on this topic here, and watch a video of the panel below.