Stranded Iranian students in the United Kingdom have turned to Bitcoin as a tool to circumvent the economic sanctions placed on their country, according to a Guardian report. Parsa Sadat, a law student at the University of Reading, is among a bevy of Iranian students who can’t pay their tuition fees and are completely stranded at school after Iran was hit with sanctions by U.S. President Donald Trump last month.
Financia Business School, a dedicated financial and business degree awarding institute in Paris, now teaches blockchain and accepts cryptocurrency payments from its students.
Financia’s alumni go on to work for the likes of BNP Paribas, Société Générale, and Crédit Agricole.
ConsenSys Social Impact — a program designed to build blockchain-based solutions for global humanitarian issues — is partnering with MakerDAO and optiMize to launch a new Blockchain for Social Impact Incubator at the University of Michigan in Ann Arbor. It is the first university-sponsored program of its kind.
Students taking part in the course will receive mentorship and guidance from blockchain advisors, as well as potential funding, as they work to build blockchain-based ventures for improving social good. Finalists will be named at the end of the year and will be awarded funding to further their designs.
Almost one-fifth of US university students own cryptocurrency, while 9 percent have already formally studied it — new research from Coinbase released on August 28 reveals.
Together with research startup Qriously, the largest US exchange and wallet provider undertook a poll of 675 US students as part of the project — which also surveyed both US and international learning institutions. In total, almost half of those institutions worldwide now offer at least one course related to cryptocurrency or Blockchain technology.
A majority of U.S. students want to take up a course on cryptocurrency and blockchain technology and twice the country’s average own cryptocurrency. Students Twice as Likely to Own Cryptocurrency as Average Person According to a recent nationwide survey of 675 students conducted by digital currency exchange Coinbase in partnership with Qriously, 18 percent of students said
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Crypto is making its entrance into the world’s academic scene, and students are lining up to learn.
A recent Coinbase study reveals that University students want to learn more about cryptocurrency and blockchain technology. Commissioned by Coinbase in partnership with Qriously, the survey sampled 675 U.S. students, and it found that students across all majors have an interest in blockchain technology.
Swiss blockchain company KryptoPal will be working together with Gulf University in the Kingdom of Bahrain to develop and then implement a self-sovereign student portfolio management system built on smart contract technology. Currently, students must send transcripts and certifications to many colleges when they apply for a new program but can be exposed to instances where transcripts and certifications are tampered with.
Venkat Nallapati, Founder and CEO of KryptoPal, stated: “We’re excited about the potential this technology can bring to academic institutions like Gulf University because the costs and inefficiencies of document management systems can be eliminated using this new blockchain platform. It is our hope that the security and immutability of blockchain technology will protect students’ personal information and grant full time control over their digital identity,”
BitDegree, a Lithuanian cryptocurrency startup, hopes to help change the face of online education through their online platform and cryptocurrency.
So What is BitDegree?
BitDegree is an online platform, with its own native cryptocurrency, that was founded at the start of 2017. BitDegree intends to revolutionize how education functions today and allow prospective users to learn technology-based skills through online courses.
BitDegree utilizes companies looking to hire employees to help fund online courses for such future employees.
In news that will surprise precisely nobody, students have realized that they can abuse college resources for mining cryptocurrency. Following this, criminals realized that they can abuse students’ love of pornography and illegal movie streaming to do the same.
According to the report, a staggering 60% of cryptocurrency mining detections occurred in the higher education sector. This was not so closely followed by healthcare (3%) and financial services (3%).
On March 22, 2018, a report was released by the Student Loan Study that raised a few eyebrows across the space. A survey of 1,000 college students with student debt were asked the simple question:
Have you ever used student loan money to invest in cryptocurrencies like bitcoin?
The results were astounding with 21.2 percent answering in the affirmative.
Although the details of the methodology used in the survey have been kept relatively vague and leave questions as to whether the subset selected could provide a realistic estimation, a case can be madefor these surprising results.
If you thought that student loans were just for well, student expenses, then think again. A recent survey has found that some college students are using their financial aid to invest in the crypto market.
College is expensive and sometimes, opting for financial aid is the only way to cover fees, rent, textbooks and the list goes on. It also leaves you with a future filled with all of these student bills that have unfortunately graduated with you.
However, according to The Boston Globe, some students are doing more with this borrowed money than using it for their college and living expenses.
The most popular courses on campuses in the U.S. and across the globe are on Bitcoin and its blockchain technology. In parallel, educational institutions are creating innovative ways to attract the brightest students. For example, Varna University of Management offers Bitcoin scholarships.
Bitcoin’s Technology Captivates Academia
Student demand for courses on Bitcoin and its underlying technology, the blockchain, is putting elite U.S. universities under pressure.
Students from all disciplines are rushing to sign up for courses that cover technical concepts underlying Bitcoin and Ethereum, such as decentralized consensus, append-only ledgers, smart contracts, and zero-knowledge proof systems. Students are also seeking to gain working familiarity with cryptocurrencies through practical assignments.