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Ripple awards universities $50 million for cryptocurrency and blockchain research

Ripple awards universities $50 million for cryptocurrency and blockchain research

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Answer Ripple awards universities $50 million for cryptocurrency and blockchain research

After donating $29 million to American schools, giant Cryptocurrency and technology blockchain, the rebel It gives 50 million dollars, but this time to universities.

The so-called initiative Undergraduate Blockchain Research (UBRI) It will provide $50 million to universities for academic research and initiatives on blockchain technology, cryptocurrency, and digital payments.

In addition to this grant, Ripple promises to provide the necessary expertise and technical resources to universities.

As part of this initiative, universities will provide curricula focused on both blockchain and cryptocurrency in order to motivate students to research and invent in the distributed database, and Ripple will provide universities with the freedom to choose the field of research and modify the curriculum.

Read:Bitcoin hits 10-day high, total crypto market near $2 trillion

Ripple will cooperate with 17 universities in the United States, including many prestigious universities, and this in itself is a big step for the future of cryptocurrency and blockchain, as Blockchain researcher Joshua Lind told Binary Deskrt that the best results will come from the cooperation of industry, academic organizations, the blockchain community and cryptocurrencies together.

Read:Binance overtakes Coinbase as the largest reserve holder of Bitcoin


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