> Examples of current experiments include > building a hypothetical CBDC that would leverage existing technologies and systems: The Board's Technology Lab has

> Examples of current experiments include > building a hypothetical CBDC that would leverage existing technologies and systems: The Board's Technology Lab has been assessing the potential of a centralized CBDC design that leverages existing infrastructure and technology; > exploring a CBDC design that would leverage newer technologies, such as blockchain: The Federal Reserve Bank of Boston is collaborating with the Massachusetts Institute of Technology's Digital Currency Initiative to explore the development of alternative platforms; So, it could be centralized, it could be block-chain based. The potential range of what they could be talking about is so broad that it's hard to make anything specific of it. But an interesting area of concern that they kind of skate by is how to safeguard against future innovations in cryptography. Will quantum computers be effective enough in 10 years to break a lot of public key cryptography? How long should people have an expectation that their financial activity remains private?