currency

MIT Digital Currency Initiative introduces at-scale, programmable CBDC platform

MIT Digital Currency Initiative introduces at-scale, programmable CBDC platform

The Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI) has introduced the experimental PArSEC platform. PArSEC — short for “parallelized architecture for scalably executing smart contracts” — is open source and developed with central bank digital currency (CBDC) in mind. The developers highlighted the platform’s speed. It performed 118,000 ERC-20 transactions per second on

Japan’s currency diplomat says Tokyo in constant FX dialogue with US

Japan’s forex diplomat says Tokyo in fixed FX dialogue with US

2/2 © Reuters. Japan’s vice minister of finance for international affairs, Masato Kanda, poses for a photograph during an interview with Reuters at the Finance Ministry in Tokyo, Japan January 31, 2022. Picture taken January 31, 2022. REUTERS/Issei Kato/File Photo 2/2 By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Japan’s top financial diplomat Masato Kanda