Blockchain firms fund university research hubs to advance growth
Universities implement physical and virtual research hubs dedicated to advancing blockchain technology through scientific and educational knowledge. The demand for organizations to adopt blockchain technology is growing rapidly. Recent findings from market research and advisory firm Custom Market Insights found that the global blockchain technology market size was valued at $4.8 billion in 2021, yet this amount is expected to reach $69 billion by 2030. While notable, it’s become critical for the industry to enable rigorous research into the development of the blockchain sector. Tim....
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A new report has found that London is still leading the way as the global hub for the FinTech sector, which saw 2015 investments in the industry amounting to $19 billion. The report from Deloitte and All Street Research [PDF] looked at 21 of the major FinTech hubs around the world. After working through quantitative research and interviews with local FinTech subject matter experts, the research found there were five hubs that had a leading Index Performance Score of 25 or less, suggesting that they are more conducive to the development of FinTech. These were London, Singapore, New York,....
Those of us who have been closely following the happenings in bitcoin and cryptocurrency industry have heard about National Science Foundation's recent grant to three top universities in the United States for research on cryptocurrencies. University of Maryland is one of the recipients of the total $3 million research grant along with Cornell University and University of California- Berkeley. A lot of us haven't had a chance to know what kind of research these universities will be doing on bitcoin to receive a small fortune. Here is an insight to what the researchers at University of....
The Bank of Finland – the country’s central bank – had recently organized a blockchain seminar to discuss the potential and possibilities presented by the innovation. Held on November 24th, the world’s fourth oldest central bank co-organized the event alongside the Ministry of Finance and drew in a number of participants including researchers, governmental authorities, and executives from industry firms across Finland. The setting offered a platform for a collaborative discussion about blockchain technology and its potential use cases in both private and public industries. Speakers....
Tsinghua University PBC School of Finance and Bitcoin exchange Huobi have launched a joint Digital Assets Research Initiative. With this initiative, Tsinghua University joins MIT and technology giants IBM and Samsung as one of the world's major institutions conducting research and development of blockchain technology, decentralized systems and digital assets. Founded in 1911, Tsinghua University is one of the nine elite Chinese universities, and it is considered the top institution of higher learning in mainland China alongside Peking University. It describes itself as being dedicated to....