Ripple is Funding 11 Prestigious Colleges To Conduct Cryptocurrency Research

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One way or shall we say one necessary step to promote cryptocurrency and blockchain technology adoption is to impart knowledge about them. Working on the lines Ripple is funding 11 prestigious universities and colleges across the globe for academic research and development in blockchain technology and cryptocurrency.

As per the official announcement on Ripple’s website, some of the most highly regarded and ranked universities, such as Cornell University, Duke University, Tsinghua University, National University of Singapore, among others are part of the initiative dubbed as the University Blockchain Research Initiative (UBRI).

We’re committing $50M to top, global universities to further #blockchain research, tech and talent for our new University Blockchain Research Initiative! https://t.co/G70YxFAZlj

— Ripple (@Ripple) June 4, 2018