A new blockchain research center based in Stanford University is funded by a set of crypto startups and organizations.
Dan Boneh and David Mazières, two professors having specialties in blockchain and cryptocurrencies, are the two heads of the Center for Blockchain Reseach.
According to a report published by Stanford Engineering on June 20, the research center projects to “build best practices” for blockchain by getting the university researchers and the industry’s top frontrunners together.
The website for the center provides the initiative’s benefactors, such as the Ethereum Foundation, Protocol Labs, and the Interchain Foundation. OmiseGO, DFINITY Stiftung, and Polychain Capital are also supporting the research center.
Ethereum builder Vitalik Buterin, who co-founded the Ethereum Foundation, wrote this on Twitter, on June 20, regarding the project, “Stanford computer scientists have developed the center for blockchain research, an initiative dedicated to researching and understanding the blockchain technology…”
Boneh, who is additionally a professor in Stanford’s School of Engineering, said of the center’s launch:
“Blockchains will grow to be progressively essential to doing business throughout the world. Stanford should be at the forefront of efforts to boost, implement and understand the many ripple effects of this technology.”
The center will concentrate on creating a blockchain program for both students and working professionals – a step which is probably not surprising, due to reports that such classes have seen major interest at some U.S. universities.