Computer Sciences
For more than half a century, researchers around the world have been struggling with an algorithmic problem known as "the single source shortest path problem." The problem is essentially about how to devise a mathematical ...
Nov 14, 2022
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Computer Sciences
In collaboration with a team at the Federal Reserve Bank of Boston, MIT experts have begun designing and testing technical research through which further examination of a Central Bank Digital Currency (CBDC) can be performed ...
Feb 4, 2022
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Business
The EU on Wednesday took its first significant step towards launching a digital version of the euro, a controversial project that has been questioned by politicians and banks.
Jun 28, 2023
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Business
The Bank for International Settlements (BIS) said Tuesday that decentralized cryptocurrencies are a "flawed system" and instead supported the development of a centralized alternative.
Jun 20, 2023
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Business
Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector's post-pandemic recovery remains fragile, an industry group said on Monday.
Jun 5, 2023
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Business
A defining characteristic of cryptocurrencies is that they are organized in a decentralized system and are not managed by a central bank like conventional currencies. This creates problems when researchers detect security ...
May 8, 2023
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Business
From chatbots and virtual assistants to fraud detection and risk management, artificial intelligence (AI) is now being used in many areas of finance. But what could an AI system like ChatGPT do for your bank balance?
Apr 25, 2023
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61
Business
Like many other countries, the UK has developed a plan for a central bank digital currency (CBDC). A digital pound would essentially act like an online form of cash suitable for everyday payments. It would not earn any interest ...
Feb 24, 2023
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Consumer & Gadgets
Cryptocurrencies are experiencing their worst crisis since the arrival of the first crypto assets and virtual currencies in the 1990s and their democratization in the 2010s.
Jan 18, 2023
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Business
The United States is considering issuing a digital dollar, which would be backed by the nation's central bank and could help reinforce the U.S. role as a leader in the world financial system. Several financial institutions, ...
Nov 21, 2022
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