MIT DCI releases "Designing payment tokens for safety, integrity, interoperability and usability” with Kinexys by J.P. Morgan

Massachusetts Institute of Technology Digital Currency Initiative (MIT DCI) and Kinexys Digital Payments at J.P. Morgan collaborated on the research and development of a prototype for payment tokens on EVM-based blockchains. This research focuses on the additional capabilities required to meet compliance and regulatory requirements, identifies gaps in existing token standards and proposes two new sets of capabilities to address these gaps. Produced by a joint research team composed of staff from MIT DCI and Kinexys, this report captures the research journey and findings, serving as a valuable reference for the financial services ecosystem in their work on blockchain and tokenization.