Fed shares FooWire best practice guide

On August 14, The Block announced that the Fed had announced details of its 2019 payment plan which includes the distribution of technology products, specifically the Hyperledger Fabric blockchain software. As the review was announced yesterday, an experiment called "FooWire" was designed to measure the adequacy of payment devices. FooWire described it as a "small" system that only selects participants to make changes. This approach "refers to the most common payment method used today and in some cases offers more network security than unauthorized networks," the article says. The Fed said it is always learning more about the use of technology to identify the risks and vulnerabilities associated with its use. "