Boston FED and MIT collaborated on a digital dollar experiment that resulted in a functional and fault-tolerant central bank digital currency (CBDC) architecture capable of handling 1.7 million transactions per second, with 99 percent completed within one second. It is also not based on a blockchain. The preliminary research findings were undertaken as a cooperation The post FED Experiments New Digital Currency But Its “Not A Blockchain”; Here’s Why appeared first on CoinGape.