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Observations from the FooWire Project: Experimenting with DLT for Payments Use

Jillian Buttecali, Zachary Proom and Paul Wong

No 2020-08-13-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: In 2019, a team at the Federal Reserve Board (Board) conducted small-scale experimentation, named the "FooWire project," to build a payment system using distributed ledger technology (DLT). The team built the system using Hyperledger Fabric, a popular DLT platform, because it generally met the team's design requirements of a closed network, mature technology, and enterprise readiness.

Date: 2020-08-13
New Economics Papers: this item is included in nep-pay
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2020-08-13-1

DOI: 10.17016/2380-7172.2737

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