As innovation in electronic payments accelerates, privacy considerations are becoming ever more important. While the generation and use of data is an intrinsic part of electronic payments and can benefit consumers and businesses, it may also present privacy concerns, particularly if there are not sufficient safeguards.
To study how emerging technology might safeguard consumers’ private information when making payments with a central bank digital currency, we conducted research with staff from the Bank of England over the past year. Our findings, published today, identify options for “Enhancing the Privacy of a Digital Pound.”
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.
What happens when the way we buy, sell and pay for things changes, perhaps even removing the need for banks or currency exchange bureaus? That's the radical promise of a world powered by cryptocurrencies like Bitcoin and Ethereum.
The Digital Currency Initiative is a research community at the MIT Media Lab focused on cryptocurrency and blockchain technology.
We support open source core developers, research scientists, and students committed to harnessing these technologies for the public good.
“empower individuals by making it as fast and easy to move value across the world as it is to move information”
New Paper: Enhancing the Privacy of a Digital Pound by MIT DCI and the Bank of England
The latest DCI news and research:
Neha Narula, Director of the MIT Digital Currency Initiative (DCI), has been selected for the Rockefeller Foundation's 2025 Bellagio Center Residency.
As innovation in electronic payments accelerates, privacy considerations are becoming ever more important. While the generation and use of data is an intrinsic part of electronic payments and can benefit consumers and businesses, it may also present privacy concerns, particularly if there are not sufficient safeguards.
To study how emerging technology might safeguard consumers’ private information when making payments with a central bank digital currency, we conducted research with staff from the Bank of England over the past year. Our findings, published today, identify options for “Enhancing the Privacy of a Digital Pound.”
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.
DCI on Twitter
Neha Narula’s TED Talk
The Digital Currency Initiative is a research community at the MIT Media Lab focused on cryptocurrency and blockchain technology.
We support open source core developers, research scientists, and students committed to harnessing these technologies for the public good.
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