Ripple’s Partnership with Top Chinese University for Blockchain Development
Director of international cooperation and development at the Tsinghua University, Ivy Gao, said that the program will provide the selected students an all-round view of the global regulatory policies regarding blockchain technology. He went on to emphasize that this program will help the students in their future research oriented endeavors or career in blockchain technology.
When asked about the partnership and the program, Ripple’s SVP of global operations, Eric van Miltenburg, said:
“The program’s goal – to provide students with opportunities in blockchain research – closely aligns with that of Ripple’s University Blockchain Research Initiative; we’re thrilled to support THUIFR in this endeavor and look forward to its launch.”
Ripple’s Fund for Academic Research
In June 2018, Ripple announced that it was allocating more than US$50 million for academic research in the development of blockchain by tieing up with the universities. Reports say since then Ripple has entered into partnership with 17 universities globally. The company has partnered with universities in South Korea, India, Europe, Canada, Brazil, Australia, and the United States.
Educational institutions’ blockchain research projects are receiving funds not only from private companies and organizations but also from government agencies. The US Department of Energy has recently allocated US$4.8 million federal funds for universities that are working on research and development projects, including those that are dedicated to blockchain only.
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