Contracts Finder · Award
MIT Digital Currency Initiative
A public procurement published by Bank of England via Contracts Finder.
- £75k
- Award value
- £75k
- Tender value
- 1
- Suppliers
- 1
- Awards
- 1
- Notices
- Award
- Stage
Overview
In February 2022, the Bank of England and the Massachusetts Institute of Technology (MIT) agreed to collaborate on a twelve-month research project on Central Bank Digital Currency (CBDC). The Bank will partner with the MIT Media Lab's Digital Currency Initiative (DCI) team to explore potential technical challenges, trade-offs, opportunities and risks involved in designing a CBDC system. The collaboration forms part of the Bank's wider 'research and exploration' into CBDC, and will be focused on exploration and experimentation of potential technology approaches. This work is focused on exploratory technology research and is not intended to develop an operational CBDC. No decision has been…
Key details
- Buyer
- Bank of England
- Source
- Contracts Finder
- Lifecycle stage
- Award
- Status
- complete
- CPV classification
- 66110000 — Banking services
- Currency
- GBP
- Total award value
- £75,000
- Tender value
- £75,000
- First published
- 28 Mar 2022
- Last updated
- 28 Mar 2022
Awards
1 award recorded on this procurement.
| Supplier | Companies House | Awarded | Status | Value |
|---|---|---|---|---|
| Massachusetts Institute of Technology | — | 31 Jan 2022 | active | £75k |
Notice timeline
Every published notice in this procurement's lifecycle.
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FAQs about this procurement
Who is the buyer for "MIT Digital Currency Initiative"?
MIT Digital Currency Initiative is a UK public-sector procurement published by Bank of England via Contracts Finder.
Has "MIT Digital Currency Initiative" been awarded?
Yes — 1 award is recorded, with a reported total value of £75,000. The current lifecycle stage is "Award".
Which suppliers are involved in "MIT Digital Currency Initiative"?
1 supplier is linked: Massachusetts Institute of Technology.
What is "MIT Digital Currency Initiative" worth?
The reported award value is £75,000.
When was "MIT Digital Currency Initiative" published?
It was first published on 28 Mar 2022 and last updated on 28 Mar 2022, across 1 notice.
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