Researchers from MIT and Princeton University have found that flooding events will become much more common by the end of the century, especially in New England, reports Evan Bush for NBC. “The researchers used computer modeling to stimulate thousands of ‘synthetic’ hurricanes toward the end of this century and in a scenario where greenhouse gas emissions are very high,” writes Bush.
Zero-knowledge proof (ZKP), a cryptographic method invented by three MIT researchers in 1985, enables authentication of private information without revealing information that could be compromised, reports Victor Shilo for Forbes. “ZKP has the potential to protect privacy in a wide range of cases,” writes Shilo. “By implementing ZKP, businesses and society can evolve to ‘open data 2.0’ where daily transactions are completed in today’s digital economy but without disclosing unnecessary sensitive information.”
New York Times reporter Amanda Morris speaks with Eric Baker, an avid outdoorsperson with chronic debilitating joint diseases, about the GRIT Freedom chair, an all-terrain wheelchair invented by MIT researchers. “With the new chair, Mr. Baker hops curbs, hunts, visits the beach, and can cross mud, rocks and gravel,” writes Morris.
Forbes reporter Bryan Robinson spotlights a report by researchers from the Sloan School of Management, which found people are quitting their jobs because of toxic workplace culture, not low pay. “The report says toxic workplace culture is 10.4 times more likely to contribute to an employee quitting,” writes Robinson.
Boston Globe reporter Jim Puzzanghera writes that researchers from MIT’s Digital Currency Initiative and the Federal Reserve Bank of Boston have developed experimental open-source software, called OpenCBDC, to help further examine a potential Central Bank Digital Currency. Neha Narula, director of the Digital Currency Initiative, said she was optimistic that they could develop a system that “can help preserve strong privacy for users.”
Boston Business Journal executive editor Doug Banks highlights new research from MIT’s Digital Currency Initiative and the Federal Reserve Bank of Boston in developing two sets of computing source code for a hypothetical Central Bank Digital Currency. The researchers “selected concepts from cryptography, distributed systems, and blockchain technology to build and test platforms that would give policymakers substantial flexibility in the potential creation of a CBDC,” writes Banks.
Reuters reporter Jonnelle Marte writes that researchers from MIT’s Digital Currency Initiative and the Federal Reserve Bank of Boston have developed two different approaches to processing transactions in a hypothetical digital currency. “The first phase of the multi-year project, dubbed ‘Project Hamilton,’ resulted in code that is capable of handling 1.7 million transactions per second,” writes Marte. “Researchers also found the ‘vast majority’ of transactions settled in under two seconds.”
Bloomberg reporter Allyson Versprille spotlights how researchers from MIT and the Federal Reserve Bank of Boston have released a new paper and open-source code, called OpenCBDC, aimed at furthering understanding of how a hypothetical central bank digital currency might be developed. Of the importance of making the software open-source, Neha Narula, director of the MIT Digital Currency Initiative, explains that “we believe that this is the best way to ensure that OpenCBDC is vetted by a large number of people--all of whom will bring unique knowledge, skills, and ideas for improvement.”
Researchers from MIT and the Federal Reserve Bank of Boston have released a new paper and open-source code to help further understanding of how a hypothetical central bank digital currency might be developed, writes Tory Newmyer for The Washington Post. Neha Narula, director of the Digital Currency Initiative, explains that they aimed to “create a flexible system that can work with a variety of models.”
Olympian Alexis Sablone ’16 will be the new head coach for the United States women’s skateboarding team in the upcoming Olympic Games, reports Michelle Bruton for Forbes. Sablone “has one of the most decorated careers of any female street skater, with seven X games medals and a 2015 World Skateboarding Championship,” writes Bruton.
MIT has been named the third highest-ranked private college in the Northeast, according to the Wall Street Journal/Times Higher Education College Rankings, reports Gerard Yates for The Wall Street Journal.
Forbes reporter Nili Peretz spotlights MIT Sloan School of Management researchers who suggest that moments of silence in negotiations can lead to a better outcome for both parties. “We often perceive negotiation as a daunting task or fierce competition between two sides that always leaves one a winner and the other a loser,” says Peretz. “However, a brief pauses and silence can be incredibly effective in empowering negotiators to shift from a fixed pie mentality to a more reflective state of mind.”
MIT researchers have developed a transparent, degradable medical dressing that could be used to help gut wounds heal more quickly and efficiently without leaking bacteria, reports Alex Wilkins for New Scientist. The researchers “designed their dressing to work like duct tape, which is only sticky on one side,” writes Wilkins. “Once it covers the wound, it quickly forms a hydrogel, an adhesive layer that can help the wound to heal.”
Physics World reporter Tim Wogan writes that MIT researchers used machine learning techniques to identify a mysterious “X” particle in the quark–gluon plasma produced by the Large Hadron Collider. “Further studies of the particle could help explain how familiar hadrons such as protons and neutrons formed from the quark–gluon plasma believed to have been present in the early universe,” writes Wogan.
Fortune reporter Tristan Bove spotlights a study led by economists from MIT, Stanford, the University of Chicago and Mexico’s ITAM on how workers are spending their time while working from home. “Pandemic habits give Americans around 70 minutes of extra free time a day,” writes Bove. “The lion’s share of this, around 60 minutes, comes from getting rid of commuting, but workers have also spent around nine minutes less on average doing daily activities such as grooming or picking out fresh clothes.”