For its blockchain research program, Ripple has joined forces with 10 top universities.
Ripple Labs, Inc. is an American technology company which develops the Ripple payment protocol and exchange network. The firm revealed that the University Blockchain Research Initiative (UBRI) is planning to help build the blockchain technological community.
Collaboration Between Ripple and Ten New Universities
The first 8 are U.S., and the latter 2 international universities currently joining the initiative:
- Carnegie Mellon
- Morgan State
- National University of Singapore
- University of Sao Paulo
Under the UBRI, Ripple likewise collaborated with the Institute for Fintech Research (THUIFR) at Tsinghua University in Beijing a month ago.
The foundations will complete research, create and dispatch course materials, conduct seminars and workshops, and grant scholarships to undergraduates seeking work in blockchain, cryptographic money, digital payments, and other related subjects. All these programs will be supported by Ripple’s UBRI assets.
While the University of Sao Paulo will get financing for a blockchain development program, Duke and Georgetown Universities will bolster “expanding curriculum and teaching, research and technical projects and collaboration across disciplines”.
As per Ripple, the firm now has a sum of 29 education partners with the new recruits.
Ripple dedicated over $50 million to the project and joined forces with 17 universities from around the world when UBRI was launched in June 2018.
In Thursday’s announcement, Ripple’s SVP of worldwide activities, Eric van Miltenburg, said:
“In under a year, our underlying UBRI accomplices hit the ground running with the dispatch of new research ventures, occasions, course contributions and that’s only the tip of the iceberg”. Adding: “Extending the biological community to a progressively worldwide, expanded system of UBRI accomplices will just keep on enhancing these activities”.