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Boston Fed Is Looking at '30 to 40' Blockchain Networks for Digital Dollar Experiments

The Federal Reserve Bank of Boston is evaluating more than 30 different blockchain networks to determine if they would support a digital dollar

By Nikhilesh De

Updated Sep 14, 2021, 9:47 a.m. Published Aug 24, 2020, 2:00 p.m.

The Federal Reserve Bank of Boston is one of 12 regional Federal Reserve banks in the U.S., and is evaluating more than 30 blockchain platforms for a possible future central bank digital currency. (Beland/Wikimedia Commons)