Former White House Advisor to Head MIT Digital Currency Initiative
MIT Media Lab has announced the launch of Digital Currency Initiative, a three-pronged program aimed at increasing awareness of the technology on campus and abroad while providing research to promote policy and standards initiatives. The news was first detailed in a post penned by former White House senior advisor and Digital Currency Initiative director Brian Forde, who today officially joined the university-run research laboratory. Forde previously worked with the administration of current US president Barack Obama to help the government leverage emerging technologies. Media Lab director....
Related News
A former senior White House advisor has become the latest authority to speak out in favor of Bitcoin and blockchain technology. Brian Forde, previously active for the White House Office of Science and Technology Policy, told Forbes in an interview that digital currencies “have immense potential to improve human welfare,” particularly as regards banking and security. “[B]ecause [they are] an open-source protocol for innovation, a wide range of services and products can be built by entrepreneurs and non-profits on top of it,” he explained. “If you think bitcoin is just for money transfer,....
A few days ago Bitcoin Magazine reported that Joi Ito, director of the prestigious Massachusetts Institute of Technology (MIT) Media Lab, was about to unveil a plan for the institute to become what he called an independent, neutral home to help with Bitcoin standards development. "I think within a couple of weeks we'll be announcing something which will be a little bit more substantive," said Ito. "And I'm not pushing it, but I'm offering MIT as a neutral academic home for some of the conversations and the technical coordination." MIT has now formally announced the launch of a Digital....
In a recent interview with Coindesk, former White House senior advisor John Farmer said he believes bitcoin as a currency is less interesting compared to blockchain. Although he concedes that the cryptocurrency deserves praise for uplifting the digital currency industry and bringing blockchain to the limelight, he maintained that blockchain technology has a bigger potential in transforming the world. John Farmer is currently working with Microsoft as the company's director of technology and civic innovation. He used to play the shortstop position for the Los Angeles Dodgers and has joined....
Lead Bitcoin developer Gavin Andresen, chief scientist of the Bitcoin Foundation, has announced that he and other Bitcoin Core developers are joining the MIT Digital Currency Initiative. A few days ago Bitcoin Magazine reported that the prestigious Massachusetts Institute of Technology (MIT) Media Lab announced the launch of a Digital Currency Initiative, to be directed by former White House senior adviser for mobile and data innovation Brian Forde. The MIT Digital Currency Initiative will integrate researchers across the institute and leading experts at other universities around the world....
White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” he stressed. In addition, White House Press Secretary Karine Jean-Pierre said there are no meetings or anything happening in preparing for a recession. White House Dismisses Recession Concerns White House Chief of Staff Ron Klain, President Joe Biden’s top aide, shared his economic outlook in an interview with MSNBC Thursday. He said: We are not in a recession … Unemployment claims remain at a historical low … The economy is growing. It is strong.....