Academic institutions from all corners of the world are offering classes on cryptocurrencies and supporting research initiatives in this burgeoning sector. From New York to Tokyo, universities are spearheading a plethora of crypto-themed courses.
Also Read: The Daily: US Defense Department Probes Blockchain, Singapore Approves 1X
Two New Accelerators at Columbia University
IBM and Columbia University have announced two new accelerator programs for blockchain developers. The programs will support 10 different startups, will last about eight weeks, and give each company access to technology and services valued at approximately $400,000. The academic institution and the technologies giant will not seek equity or a payment in return.
The Columbia Blockchain Launch Accelerator is designed for pre-seed idea-stage companies with an affiliation to New York City-based universities. The IBM Blockchain Accelerator is meant for later stage growth companies from all over the world and is focused on enterprise business networks.
Satish Rao, Executive Director at Columbia Blockchain Launch Accelerator, commented: “Early and late-stage teams will undoubtedly benefit from IBM’s technology resources, expertise and established network coupled with Columbia’s ground-breaking research and talent in blockchain and data transparency, all while benefiting from rapidly growing NYC blockchain communities.”
University of Luxembourg to Improve Crypto Security
VNX Exchange, a Luxembourg-based platform for tokenized venture capital assets, has reportedly partnered with the University of Luxembourg in order to enhance the security of crypto assets. As a part of the cooperation, researchers at the university’s Interdisciplinary Centre for Security, Reliability and Trust will try to create a safer trading environment by developing higher levels of network security and designing new IT frameworks.
Dr Radu State, expert in network security at the center, explained: “Broadly, we need to address two aspects: protecting against criminals who might try to hack the system to steal money or information, and guaranteeing compliance with anti-money laundering and KYC regulations.” Besides better security on the trading exchange, researchers are also challenged by the need to verify that the contracts that control the execution of individual transactions contain no vulnerabilities.
University of Tokyo Receives Blockchain Donation
The University of Tokyo has received a donation of about $800,000 (90 million Japanese yen) to assist a blockchain innovation course for engineering students. The donation was supported by the Ethereum Foundation and several companies participated including Sumitomo Mitsui Financial Group, the holding company behind the second largest bank in Japan by market value.
The purpose of the course, according to the donation announcement, is to teach students interested in entrepreneurship about blockchain technology and startup management knowhow. It will offer intensive lectures and various events to students who have very strong math capabilities. The blockchain innovation course will also encourage the development of a win-win-win business model for companies, users, and society.
Do you think more universities should offer crypto-related courses? Share your thoughts in the comments section below.
Images courtesy of Shutterstock.
Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.
(function(d, s, id)
var js, fjs = d.getElementsByTagName(s);
if (d.getElementById(id)) return;
js = d.createElement(s); js.id = id;
js.src = ‘https://connect.facebook.net/en_US/sdk.js#xfbml=1&version=v3.2’;
(document, ‘script’, ‘facebook-jssdk’));
A new partnership between Luxembourg-based VNX Exchange and the University of Luxembourg aims to improve the security of digital assets, business news outlet Luxembourg Times reported Nov. 23.VNX is a marketplace and trading platform for tokenized venture capital founded in 2017. VNX is a member of fintech incubator the Luxembourg House of Financial Technology (LHoFT), Infrachain and APSI (L’Association des Professionnels de la Société de l’Information).Within the collaboration, the University of Luxembourg will purportedly help VNX develop higher levels of network security for digital assets. The researchers at the University’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) will reportedly design new IT frameworks to improve exchange security, as well as custody of crypto assets.Dr. Radu State, an expert in network security at SnT, said that several issues must be addressed for heterogeneous systems that issue tokens on a blockchain. State reportedly noted that security at “the software layer” must ensure that the contracts that control individual transactions do not contain any vulnerabilities.VNX founder and CEO Alexander Tkachenko reportedly said that the exchange’s development will require regulatory clarity, investor protection, and compatibility with current market standards, adding:”In creating a secure and regulatory compliant marketplace for the transparent trading of tokens representing digital assets we aimed to introduce modern security mechanisms that could totally secure our platform and could impact the global cybersecurity market.”Tkachenko also said he believes that “blockchain technology is the next big step in the financial sector’s evolution.”In October, Luxembourg-registered crypto exchange Bitstamp — Europe’s first fully legal crypto exchange — was acquired by Belgium-based investment firm NXMH, which in turn, is owned by South Korean media conglomerate NXC Corp.The exchange’s CEO noted that while trading volumes declined 60–70 percent this year, the platform has remained profitable due to the fact that cryptocurrency prices are higher on average than they were for most of 2017.In June, a study conducted by research company Ipsos on behalf of Dutch ING Bank B.V. revealed that the lowest (4 percent) rate of people owning cryptocurrency is in Luxembourg. Respondents from Spain, France, and Luxembourg preferred to rely on financial or bank advisors. window.fbAsyncInit = function() FB.init( appId : ‘1922752334671725’, xfbml : true, version : ‘v2.9’ ); FB.AppEvents.logPageView(); ; (function(d, s, id) var js, fjs = d.getElementsByTagName(s); if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = “//connect.facebook.net/en_US/sdk.js”; js.async = true; fjs.parentNode.insertBefore(js, fjs); (document, ‘script’, ‘facebook-jssdk’)); !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=;t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e); s.parentNode.insertBefore(t,s)(window,document,’script’, ‘https://connect.facebook.net/en_US/fbevents.js’); fbq(‘init’, ‘1922752334671725’); fbq(‘track’, ‘PageView’);
Blockchain technology has shown that it can be beneficial to a multitude of industries, and even governments have been looking into ways to utilize and encourage it.
Luxembourg, a small European country located between Germany, France, and Belgium, has become a part of this new blockchain-positive movement, as a delegation from the Luxembourg Ministry of Economy visited the Shanghai office of VeCahain Foundation on Wednesday.
A delegation from the Luxembourg Ministry of the Economy visited the VeChain Shanghai office to learn more about the VeChainThor Blockchain.https://t.co/8eQJg7tBNX
— VeChain Foundation (@vechainofficial) June 13, …
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.