Ripple Partners with Top Universities
Blockchain is entering universities around the world. Ripple (XRP) just released their University Blockchain Research Initiative (UBRI). The focus is to help expand blockchain technological development and cryptocurrency development through academic research. The initiative is far reaching, Ripple currently has around 20 partnerships with educational institutions.
Some of the university partners include The University of Pennsylvania and Princeton University. Most notably they have partnered with MIT’s Computer Science and Artificial Intelligence Lab to work on solving problems in financial institutions.
So far, Ripple has allotted $50 million dollars in funding. Each partner has the freedom to decide which research topics they will focus on. According to Ripple the main goals are to:
“Collaborate on research and technical development that will stimulate widespread understanding and innovation in blockchain.
Create new curriculum to meet high student demand for learning about blockchain, cryptocurrency and other FinTech topics.
Stimulate ideas and dialog among students, faculty, technologists and business leaders on topics of shared interest.”
Ripple views universities as innovation hubs and will continue to grow the UBRI program as a way to solve the “world’s hardest financial problems.”