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The University System of Georgia (USG) announced the launch of a state-wide fintech academy on on Sept. 11. It is the largest education effort of its kind in the United States. While individual universities have offered blockchain courses, such as Stanford and NYU, Georgia is opening the program to all current students across all colleges
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It often feels like the whole world of crypto is going to hell in a hand-basket. Perhaps we should take refuge in the knowledge that blockchain courses at universities are as popular as ever.
Supply and Demand
According to a recent study, 9 percent of US undergraduates at universities throughout the globe polled had already taken a blockchain related class, and 26 percent intended to. The courses are there, but institutions struggle to keep up with the current demand for them.
According to a recent study, Stanford University boasts the highest number of cryptocurrency classes among top global universities.
A recent study carried out by Coinbase, in conjunction with the research firm Qriously, shows that Stanford University boasts the most crypto related courses among the world’s premier academic institutions.
The study illustrates the proliferation of crypto-related classes across higher education. Also of note is the wide spectrum of disciplines within which crypto is studied, from the sciences to the humanities:
As college students use dorm rooms for their mining efforts, universities and businesses alike are concerned about costs and hazards.
For Penn State University freshman John Cines, a dorm room crypto mining operation was completely justified by tuition prices. For Penn State, the effort means a larger-than-normal bill to foot.
In April, Bitcoinist analyzed the effort to mine for crypto at universities and colleges. Despite an awareness of this issue, universities are still being used as a home base by dorm room miners.
Kegstands… or Crypto Mining?
According to Cines, the operation is what one might expect from a freshman living in a small dorm. According to CNBC, Cines said:
Five universities across three Spanish-speaking countries are now offering crypto courses. Among major topics of studies are Bitcoin, Ethereum, cryptocurrencies, blockchains, initial coin offerings (ICOs), smart contracts, DAOs, and crypto-economics.
Universidad de Alcalá, Spain
Universidad de Alcalá is a public university located in Alcalá de Henares, Madrid. It is a Unesco world heritage site and one of the longest standing European universities, dating back to the year 1293.
The school now offers a course entitled “Master in Ethereum, Blockchain Technology and Crypto-Economics.”
San Francisco-based Ripple has announced a University Blockchain Research Initiative which will include a funding amount of $ 50 million for select academic institutions. Despite the current lethargy in cryptocurrency markets, interest in blockchain is at a fever pitch, especially on campus. Ripple recognizes that students and faculty are key elements for the creation of a more robust and valuable blockchain ecosystem.
In an announcement on the company blog, Ripple — touting itself as “one of the most mature companies in the space” — said it was uniquely suited to partnering with the academic community.
Provider of blockchain solutions, ULedger has announced that it will be offering universities and non-profit organizations the opportunity to utilize ULedger’s blockchain solution at no cost. With the ability to integrate into any legacy technology infrastructure, ULedger allows companies the ability to become blockchain-enabled, providing a reliable and immutable record of data. ULedger was built for the mission of bringing blockchain to the masses, and this new program is designed to afford even more institutions the ability to improve their existing systems and integrate blockchain technology.