Japanese Banking Giant And Others Donate $800K for Blockchain Course at University of Tokyo

According to a report by cointelegraph, the University of Tokyo will release a blockchain course following a donation of almost $800,000 from many companies which include Sumitomo Mitsui (SMBC) and ethereum foundation.

According to a press release this month, SMBC lists more contributors excluding itself and the ethereum foundation who contributed to the donation: Good Luck 3, JSS, Zipper, Hotto link, and Money Forward. The banking group hasn’t revealed the information of 90 million yen donation, nor did it disclose the main contributor.

The education course named “Blockсhain Innovation Donation Course,” in the graduate school of engineering at the University of Tokyo will last three years. It will start from November 1st, 2018 to October 31st, 2021.

The course has been established for students who are intending to become blockchain related entrepreneurs. It is centered on the development of decentralized solutions, their social implementation, and human resources. The class will join lectures and practice like establishing an information and communications technologies (ICT) service or developing a blockchain-driven business model.

The blockchain is of interest for many universities worldwide. According to a recent study by coinbase, 42 percent of the world’s main 50 universities provide for at least one crypto related class, while blockchain related courses enjoy the most popularity at Stanford and Cornell in the USA.

Recently, many blockchain related course has been launched by the University of Gibraltar, New York University and German Frankfurt School.

The ethereum foundation, which is a non-profit launched to support projects on the ethereum blockchain, declared the fourth wave of its grants awarded to 20 different persons and entities mid-October. The accumulated amount of awards are more than $3 million with the biggest grants worth $500000 given to Prysmatic Labs and Status, both operating on the Ethereum 2.0 ecosystem first declared by co-founder Vitalik Buterin in November last year.


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