Theoretical research into a Central Bank Digital Currency (CBDC) in the U.S. has found that distributed ledger architecture has “downsides.” The Federal Reserve Bank of Boston and the Digital Currency Initiative at the Massachusetts Institute of Technology published their findings of their initial research into a CBDC on Feb 3. The research project, dubbed “Project Hamilton,” … [Read more...] about Distributed Ledger tech has ‘downsides’
Tech
No, Tech Stocks Aren’t Driving Crypto Prices
Yet the narrative of bitcoin offsetting the devaluing dollar is even weaker than the one about it being a tech-related investment. The correlation coefficient between bitcoin and the U.S. Dollar Index is just -0.13. Against U.S. bonds, represented by the iShares 20+ Year Treasury Bond ETF (TLT), it is just -0.02. In other words, no relationship at all. Source link … [Read more...] about No, Tech Stocks Aren’t Driving Crypto Prices
FinCEN, FDIC to Hold ‘Tech Sprint’ for Digital Identity Tools
In the upcoming tech sprint, which doesn't yet have a specific start date, participants will be asked to come up with a “scalable, cost-efficient, risk-based solution to measure the effectiveness of digital identity proofing to ensure that individuals who remotely (i.e. not in person) present themselves for financial activities are who they claim to be.” Source link … [Read more...] about FinCEN, FDIC to Hold ‘Tech Sprint’ for Digital Identity Tools
Zero-knowledge scaling tech Plonky goes live on Polygon
On Monday, Polygon (MATIC), a layer two Ethereum (ETH) scaling solution known for its fast transaction times and negligible gas fees, announced the launch of Plonky2, a zero-knowledge scaling technology claimed to be the fastest in the world. Zero-knowledge algorithms ensure everything is correctly computed on layer two and return the succinct proof to Ethereum without sending … [Read more...] about Zero-knowledge scaling tech Plonky goes live on Polygon
UK air traffic tech firm uses Hedera Hashgraph to track drones
Hedera's public ledger consensus service was recently used to “gather, store, and order” millions of data points in a drone data trial sponsored by the United Kingdom government.As per an announcement, Hedera worked with Neuron Innovations, a London-based aviation technology company, to trial safe sharing of long-distance airspace by commercial, military, and government … [Read more...] about UK air traffic tech firm uses Hedera Hashgraph to track drones