MIT DCI Releases Project Hamilton, OpenCBDC Papers and Open Source Code Base

Introduction

OpenCBDC is an open source project to engage in collaborative technical research to understand the space of designs for potential central bank digital currencies (CBDC). The first contribution is OpenCBDC-tx, an experimental transaction processor that emerged from joint research with the Federal Reserve of Boston as part of Project Hamilton.

Project Hamilton

Project Hamilton is a multi-year, collaborative research project between the MIT Digital Currency Initiative and the Federal Reserve Bank of Boston. The goal of Project Hamilton is to investigate the technical feasibility of a general purpose CBDC that could support a payment economy at the scale of the United States, as well as to gain a hands-on understanding of a hypothetical CBDC’s technical challenges, opportunities, risks, and tradeoffs.

Learn more about Project Hamilton.

Learn more about our collaborators at the Federal Reserve Bank of Boston.

Contributing to OpenCBDC

OpenCBDC is an open source project and we welcome pull requests to the code and other contributions. Collaborations in OpenCBDC will be structured around open technical working groups. Each themed working group (e.g. Privacy, Architecture, Interoperability, User Experience, etc.) will advance research with technologists, user researchers, central bankers, private sector engineers, and academics (including students). We’re actively seeking contributions to the open-source codebase as well as new working group members. 

To learn more or get involved, please engage with the project on Github or fill out the OpenCBDC interest form.