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 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 Joi Ito, who earlier this week suggested an imminent announcement regarding the future of bitcoin at MIT, expressed his enthusiasm at the appointment while praising the technology.
