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Nothing less than 11 new universities have joined Ripple’s University Blockchain Research Initiative (UBRI).
Launched in 2018, UBRI now supports 29 schools that are poised to accelerating academic research, technical development and innovation in blockchain, cryptocurrency and digital payments.
The Ripple initiative has contributed to increasing the rate of interest in blockchain technology by funding academic activities in some topnotch institutes, post-doctoral and graduate researches of world’s respected universities.
Among the universities that newly joined the initiative are top-tier institutes and colleges including:
Carnegie Mellon University
University of Kansas
University of Michigan
Morgan State University
National University of Singapore
University of Sao Paulo
Institute for Fintech Research, Tsinghua University.
The supported institutions are to use UBRI resources in different ways, develop curricula Partners will utilize UBRI resources in unique ways, developing curricula and course, while also staging conferences and awarding scholarships to students and faculty researching in cryptocurrency, blockchain and digital payment related fields.
The initiative is to furnish future generation technicians, engineers, business leaders and entrepreneurs on how to apply this technology.
While the initiative is expected to increase the awareness of blockchain technology, Eric van Miltenburg, SVP of Global Operations at Ripple said:
“In less than a year, our initial UBRI partners hit the ground running with the launch of new research projects, events, course offerings and more. Expanding the ecosystem to a more global, diversified network of UBRI partners will only continue to enrich these projects”.
Meanwhile, Laura Tyson, Faculty Director at Berkeley Haas Blockchain Initiative who also spoke on the development said: “We are excited by the momentum that the Ripple UBRI Partnership has fostered at Berkeley Haas and throughout UC Berkeley in the development of blockchain, digital payments and cryptocurrency-related research and innovation.”
“In December, we awarded the first round of Ripple-funded faculty and student blockchain, digital payments and cryptocurrency-focused research grants. Also, we are sponsoring numerous student-led activities this semester, including partnering with Blockchain at Berkeley to host a blockchain/fintech industry Spring speaker series at Haas.”