Ripple Adds 11 New Universities and Extends UBRI Footprint

February 7, 2019 by admin 0 Comments

Ripple has added 11 new universities to its University Blockchain Research Initiative (UBRI). With a strong emphasis on developing the upcoming generation of developers, the UBRI is designed to develop blockchain-focused academia and research.

Ripple is extending its footprint globally by adding 11 new universities to its program.

11 New Universities to UBRI

The UBRI launched in June 2018. With a $50 million USD self-funded investment, Ripple committed to 17 prestigious universities around the world. As stated, the course aims to accelerate academic research, technical development, and innovation in the blockchain and cryptocurrency space.

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Providing the necessary tools and resources, Ripple is effectively preparing the next generation of blockchain developers whom the technology relies on not only to maintain itself but to evolve.

11 New Institutions

With the additional 11 new universities, Ripple now supports a total of 29 partners in the UBRI program.

Today, it announced the latest institutions to the program:

Carnegie Mellon University
Cornell University
Duke University
Georgetown University
University of Kansas
University of Michigan
Morgan State University
National University of Singapore
Northeastern University
University of Sao Paulo
Institute for Fintech Research, Tsinghua University

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Blockchain Future

Eric van Miltenburg, SVP of Global Operations at Ripple, said the following on UBRI:

“Blockchain is an incredibly transformational technology and helping advance the best minds in the world, who are already showing interest in this field, is sure to benefit the entire ecosystem […] Expanding the ecosystem to a more global, diversified network of UBRI partners will only continue to enrich these projects.”

Blockchain technology is being utilized across the globe by multiple industries. It is having a transformative impact on businesses and, as such, preparing for the increasing demand for this technology is not only smart but necessary. In an industry rife with hype, coin-related drama, major financial losses, gains, and prolific exchange hacks, thinking beyond the now and developing the core technology will ensure its survival.

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