Ripple has announced the University Blockchain Research Initiative, a collaboration with top unversities around the world. Ripple will commit over $50 million in funding to support and accelerate academic research, technical development and innovation in blockchain, cryptocurrency and digital payments.
Ripple will work together with 17 institutions from all over the world. According to the statement of the project, these universities will determine their own research topics. Next to that, the schools will be partnering with Ripple on research that will stimulate understanding and innovation in blockchain, to create new curriculum to meet high student demand for learning about blockchain, crypto and fintech, and to stimulate ideas and dialog among students and academics.
The Princeton University is one of the universities involved in the program. Princeton will study the policy impact of crypto and blockchain in the US and around the world.
Other universities that are part of the UBRI program are MIT, University of Technology in Delft, Australian National University College of the Law, IIT Bombay, Korea University, Fundação Getulio Vargas, University College Londen, University of Pennsylvania, University of North Carolina at Chapel Hill, University of Luxembourg, University of Nicosia, University of Oregon, University of Waterloo, International Institute of Information Technology Hyderabad and Haas School of Business.