Delivering the promise of decentralized electronic cash

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Payments is the ‘killer application’ for blockchain

Our first project is the cryptocurrency Unit-e.

Today there are thousands of cryptocurrencies, but they all have limited use. Technology improvements are needed to unlock adoption by merchants and users, creating an economic network effect.

Unit-e’s unique design is backed by the research DTR is funding, delivering the scalable performance needed to enter mainstream use.

Further announcements coming soon.


Over the last decade, blockchain technology has grown from a novel idea to a research field studied by academics and developers globally. However, the technical challenges of scalability remain unsolved, holding back the real-world adoption of cryptocurrencies.

“Decentralized Payment Systems: Principles and Design”, published in November 2018 by the DTR research collaboration, set out a vision for an academic research program on blockchains to address these technical challenges.

This research program forms the architecture of a new cryptocurrency: Unit-e.

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The one thing that’s missing, but that will soon be developed, it’s a reliable e‑cash. A method where buying on the Internet you can transfer funds from A to B, without A knowing B or B knowing A.

Milton Friedman
Economics Nobel Prize winner, 1999