The City of New York has inaugurated its first investment in blockchain infrastructure with NYC Node.
Through the New York City Economic Development Corporation (NYCEDC), and in collaboration with NYC Talent and CUNY Queens College, NYC Node, a blockchain learning program, has been launched.
Summary
New York City and the NYC Node: the Blockchain learning program
New York City Economic Development Corporation (NYCEDC), the Tech Talent Pipeline within the Mayor’s Office of Talent and Workforce Development (NYC Talent) and the Tech Incubator at CUNY Queens College (TIQC) announced today the launch of NYC Node.
“With @talent_nyc and @TechIncubatorQC, we launched NYC Node, a program to introduce @CUNY students and faculty to hands-on learning and opportunities offered by blockchain, such as facilitating compliant and direct connections for highly regulated institutions.”
Basically, NYC Node will provide hands-on learning, workshops, and research resources on blockchain to over 200 students and faculty in the CUNY network.
Specifically, NYCEDC, NYC Talent, and CUNY Queens College have invested in creating the NYC Node program, including funding for the Ethereum node equipment, the central processing unit (CPU), motherboard, and graphics card.
Blockchain nodes are devices that participate in a blockchain network for data decentralization and security.
New York City and the first investment in blockchain learning with NYC Node
The new NYC Node program represents the first investment in blockchain infrastructure by New York City.
In this regard, Andrew Kimball, President and CEO of NYCEDC, commented:
“New York City is the financial capital of the world and with programs like NYC Node we provide students with the tools and practical experience necessary to pursue a career in the blockchain sector, as well as to stimulate new cutting-edge research and innovations in this field. NYCEDC is eager to see our partners at NYC Talent and CUNY prepare the next generation of New Yorkers with the relevant skills and experience needed to contribute to the future of finance and continue to grow the blockchain sector in New York City.”
Even Abby Jo Sigal, Executive Director of the Mayor’s Office of Talent and Workforce Development in New York, wanted to release her comments on the matter:
“NYC Node is an innovative partnership with the Tech Talent Pipeline, NYCEDC, and Queens College that will enhance the current CUNY 2X Tech portfolio by creating pathways in New York City for careers in the Blockchain industry. This will grow and expand our agenda for technological innovation in education, offering CUNY students the opportunity to learn and earn by working on cutting-edge blockchain technology and providing employers access to top talent for the most in-demand jobs”.
Joan Nix, director of the Queens College program, highlighted that the storage node offers researchers and students a powerful tool to access and analyze historical data on the Ethereum Blockchain.
The involvement of NFTs at MoMA
Apparently, as New York City enters the world of blockchain by supporting the NYC Node student learning project, there have been other cases of organizations opening up to the world of NFTs.
And indeed, in mid-November 2023, the news leaked that at the Museum of Modern Art (MoMA) in New York, works of art in NFT format were included for the first time in its permanent collection.
Basically, the acquisition of these NFTs represents the museum’s first participation in the on-chain and AI field.
Therefore, in addition to New York City’s commitment to the students of the NYC Node, the museum has instead emphasized MoMA’s long-term commitment to supporting artists who explore emerging technologies, to expand their visual languages and foster creative exploration.
