The Federal Reserve Bank of Boston is evaluating more than 30 blockchain networks to support digital currency.

On August 24, CoinDesk announced that the Federal Reserve Bank of Boston is measuring more than 30 different blockchain networks to determine if it supports digital currency. The Boston Federal Reserve announced earlier this month that it has committed to experimenting with digital funds with the Massachusetts Institute of Technology. As the study progresses, scientists hope to answer questions about activation, transit, privacy, attacks, and cyberattack prevention, said Jim Cunha, deputy governor of the Boston Federal Reserve.