Tezos (XTZ) Funds Cornell University Research, Three Other Institutions.

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Iterating the mission to back long-term success of Tezos (XTZ) protocol and its ecosystem, Tezos Foundation, has announced the release of grants to four top-class tertiary institutes.

The blockchain technology foundation, in a press release issued today, disclosed that it has granted the University of Beira Interior, Cornell University (Emin Gün Sirer), France-IOI and Decet Consulting fund for development purpose.

The University of Beira Interior located in Covilhã city of Portugal will use the fund to work on two projects that are centred on Tezos blockchain technology and smart contract.

The first project involved a masters research thesis for events sorting of robots in work environment, while second is targeted towards working around tools for statistical analysis of smart contracts.

Led by an associate professor who is also a Co-Director of the Initiative for Cryptocurrencies and Smart Contracts, Emin Gün Sirer, the team at Cornell University will use the fund handed to them for a two-year research program on consensus algorithms which focuses on sharding in blockchain protocols.

Added to the task, the team will develop protocols that could be applied to Tezos, at the completion of the research.

The duo Decentralized Et Consulting, LLC. (“Decet”) and France-IOI that also received contribution will be using theirs in like manner to empower the Tezos community by educating and training developers.

The research institute founded by Gordon Speagle, Decet will work on building a full-bodied, vibrant, and a handy online developer documentation resource for the blockchain technology ecosystem.

France-IOI will partner Institut Mines-Télécom to develop educational tools, activities and content to help groom early students learning programming, high-level algorithmics and the technology at the premise of Tezos.

While reinstating its commitment for institutions and educational initiatives support which will help develop Tezos protocol and ecosystem, the foundation calls for new prospective grantee through the interim grantmaking form.

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