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Discussion Paper

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


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.

https://doi.org/10.17016/2380-7172.2737

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File(s): File format is text/html https://www.federalreserve.gov//econres/notes/feds-notes/observations-from-the-foowire-project-experimenting-with-dlt-for-payments-use-20200813.htm

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2020-08-13

Number: 2020-08-13-1