Ripple funds Universities: the cryptocurrency dedicated to the banking world donates 50 million dollars to education in order to improve blockchain research.
Ripple, the centralized cryptocurrency dedicated mainly to the banking world and direct payments, launches a new initiative called University Blockchain Research Initiative (UBRI) specifically dedicated to the university world.
It is a programme that will involve 17 universities all over the world and that, with a fund of 50 million dollars, will finance blockchain teaching and blockchain research activities. More specifically:
- Collaborate on research and dissemination of the blockchain concept;
- Create new curricula and study paths focused on the blockchain, cryptocurrencies and the fintech;
- Activate a fruitful dialogue between teachers, students and companies in the field able to provide on the one hand intellectual stimuli, on the other immediately implement possible applications.
The main technological partner of these initiatives is naturally Ripple, which hopes to be technologically enriched by these collaborations.
The selected universities are very prestigious. For example, University of Princeton participates with its Center for Information Technology Policy (CITP) in a program to study the influence of blockchain technology in the US and around the world.
University of Pennsylvania, on the other hand, will offer a two-year master’s degree in collaboration with the prestigious Wharton, which will study the economic implications of using cryptocurrencies.
In Europe, it collaborates with Universities of Luxembourg and Delft in the Netherlands, but collaborations are also planned in Brazil and Australia.