These days, there is a rapid growth in academic institutions offering classes on cryptocurrencies and supporting research initiatives from different locations around the world. Academic institutions from New York to Tokyo, are leading ton of crypto-themed courses.
Not long ago IBM and Columbia University have announced two new accelerator programs for blockchain developers. These courses will last up to eight weeks, consisting of 10 different startups, also give each company access to technology and services worth around $400,000. The academic institution and the technologies giant will not seek equity or a payment in return.
The Columbia Blockchain Launch Accelerator is designed for pre-seed idea-stage companies with an affiliation to New York City-based universities. The IBM Blockchain Accelerator is meant for later stage growth companies from all over the world and is focused on enterprise business networks.
The Executive Director at Columbia Blockchain Launch Accelerator, Satish Rao stated: “Early and late-stage teams will undoubtedly benefit from IBM’s technology resources, expertise and established network coupled with Columbia’s ground-breaking research and talent in blockchain and data transparency, all while benefiting from rapidly growing NYC blockchain communities.”
Also, the University of Luxembourg partnered up with VNX Exchange, a Luxembourg based platform for tokenized venture capital assets. This partnership is to enhance the security of crypto assets. As a part of the cooperation, researchers at the university’s Interdisciplinary Centre for Security, Reliability, and Trust will try to create a safer trading environment by developing higher levels of network security and designing new IT frameworks.
However, Dr. Radu State, an expert in networking security at the center, detailed “Broadly, we need to address two aspects: protecting against criminals who might try to hack the system to steal money or information, and guaranteeing compliance with anti-money laundering and KYC regulations.”
Regardless of better security on the trading exchange, researchers, a put to the test to verify that the contacts that control the execution of individual transactions contain no vulnerabilities.
The University of Tokyo has received a donation of about $800,000 (90 million Japanese yen) to assist a blockchain innovation course for engineering students. The donation was supported by the Ethereum Foundation and several companies participated including Sumitomo Mitsui Financial Group, the holding company behind the second largest bank in Japan by market value.
According to the donation announcement, the main goal of the course is to teach students interested in entrepreneurship about blockchain technology and startup management know-how.