MIT DCI Hosts a Fireside Chat with Dr. Agustín Carstens, General Manager of the Bank for International Settlements
Blog Ashley Jacobson Blog Ashley Jacobson

MIT DCI Hosts a Fireside Chat with Dr. Agustín Carstens, General Manager of the Bank for International Settlements

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.

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The DCI at the 10th MIT Bitcoin Expo
Blog Ashley Jacobson Blog Ashley Jacobson

The DCI at the 10th MIT Bitcoin Expo

On April 22-23, the MIT Bitcoin Club hosted the 10th MIT Bitcoin Expo. DCI director Neha Narula gave a keynote speech, Cryptoeconomic Systems managing editor Reuben Youngblom presented a talk titled "The 70 Megaton Gorilla: Addressing the PoW climate narrative," and DCI software engineer Sam Stuewe presented an asynchronous talk titled "Are We CBDC Yet? A Healthy Dose of Skepticism." Sam also mentored participants in the Expo's Hackathon.

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In the Face of Fragility: Central Bank Digital Currencies
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In the Face of Fragility: Central Bank Digital Currencies

On Tuesday, January 17th at the World Economic Forum in Davos, Switzerland, Axios markets reporter Courtenay Brown and MIT Media Lab Digital Currency Initiative director Neha Narula considered the most pressing issues facing cryptocurrency today including how (and if) the industry should be regulated, how governments and financial institutions should interact with the sector, and how investments could be safeguarded. The View from the Top sponsored segment featured Ripple chief executive officer Brad Garlinghouse.

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Axios Reception at Davos: Crypto’s Crossroads
Blog Ashley Jacobson Blog Ashley Jacobson

Axios Reception at Davos: Crypto’s Crossroads

On Tuesday, January 17th at the World Economic Forum in Davos, Switzerland, Axios markets reporter Courtenay Brown and MIT Media Lab Digital Currency Initiative director Neha Narula considered the most pressing issues facing cryptocurrency today including how (and if) the industry should be regulated, how governments and financial institutions should interact with the sector, and how investments could be safeguarded. The View from the Top sponsored segment featured Ripple chief executive officer Brad Garlinghouse.

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The MIT Digital Currency Initiative bids farewell to Tadge Dryja
Blog Ashley Jacobson Blog Ashley Jacobson

The MIT Digital Currency Initiative bids farewell to Tadge Dryja

Five years ago, I was in the Boston area for a week and I hung out at the DCI.

It wasn't much of a space back then—really more like a closet. But there were ethernet ports in the walls, assorted cables, and computer accessories, and a couch with occasional undergrads hanging out, coding, or discussing the finer points of cryptocurrencies. It was welcoming, and a lot of fun. I brought a computer and started working, and talking to people about Bitcoin, and helping some students with their projects…

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MIT Digital Currency Initiative (DCI) announces research collaboration with the Bank of England on central bank digital currency
Blog Ashley Jacobson Blog Ashley Jacobson

MIT Digital Currency Initiative (DCI) announces research collaboration with the Bank of England on central bank digital currency

The Bank of England announced an agreement to collaborate on a twelve-month Central Bank Digital Currency (CBDC) research project with MIT Digital Currency Initiative. The agreement supports and builds on DCI’s ongoing research into CBDC, while also contributing to the Bank of England’s wider research and exploration of central bank digital currencies. While no decision has been made on whether or not to introduce a CBDC in the UK, the work will investigate and experiment with potential CBDC technology designs and approaches, and evaluate key tradeoffs, opportunities, and risks. This type of research can help inform wider policy development by contributing important technical ideas and questions.

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MIT Digital Currency Initiative (DCI) announces research collaboration with the Bank of Canada on central bank digital currency
Blog Ashley Jacobson Blog Ashley Jacobson

MIT Digital Currency Initiative (DCI) announces research collaboration with the Bank of Canada on central bank digital currency

Today, the Bank of Canada announced an agreement to collaborate on a twelve-month CBDC research project with the MIT Digital Currency Initiative. The agreement supports and builds on the DCI’s ongoing research into CBDC, while also contributing to the Bank of Canada’s wider research agenda into digital currencies and fintech. The work will investigate and experiment with potential CBDC technology designs and approaches, and evaluate key tradeoffs, opportunities, and risks. While no decision has been made on whether or not to introduce a CBDC in Canada, this type of research can help inform wider policy development by contributing important technical ideas and questions.

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Joining MIT DCI to lead our Bitcoin Software and Security Effort
Blog Ashley Jacobson Blog Ashley Jacobson

Joining MIT DCI to lead our Bitcoin Software and Security Effort

We’re excited to share that AJ Towns is joining the Digital Currency Initiative to lead our Bitcoin Software and Security Effort (please find his announcement below). This four-year research and development program is designed to continue to harden the Bitcoin network and steward the industry’s commitment to funding open source software. The effort will include contributing to Bitcoin Core development as well as longer-term research, such as investigations into the stability of rewards and software to provide strong robustness and correctness guarantees. It will also include attracting talent in network and operating system security, compilers, programming languages, testing, and more to join the effort.

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