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article imageRipple gives universities $50M to fund cryptocurrency research

By Lisa Cumming     Jun 5, 2018 in Technology
The University Blockchain Research Initiative (UBRI) is a $50M fund that Ripple has created to collaborate with "top universities around the world" to encourage research, development and innovation in blockchain, cryptocurrency and digital payments.
Their "first wave" of university partners, according to a company blog post that made the announcement, includes "17 prestigious institutions around the world."
For the most part, Ripple says, the universities will be tasked with building a curriculum related to blockchain, cryptocurrency and digital payments, but it's up to the individual university to figure out their own particular research and focus areas within the sphere.
Professors from the universities that are partnered in this initiative are also praising Ripple.
"Very proud that @tudelft is one of the partners of @Ripple's new University Blockchain Research Initiative. Looking forward to a great collaboration!" wrote Arie van Deursen, a professor in software engineering and the head of the Department of Software Technology at Delft University of Technology, on Twitter.
"As the traditional backbone of innovation, universities uniquely offer an independence and rigor that the private sector cannot, reads the Ripple blog post. "They also are responsible for training the workforce of the future, helping to address the demand for technological solutions and talent to solve the world’s hardest financial problems."
Here are the universities:

CITP at Princeton
Haas School of Business, University of California, Berkeley
McCombs School of Business, UT-Austin
The University of North Carolina at Chapel Hill
The University of Pennsylvania
University of Oregon

IIT Bombay
International Institute of Information Technology, Hyderabad (IIIT-H)

Australian National University College of the Law

University of Waterloo

UCL (University College London)

Delft University of Technology

Fundação Getulio Vargas

Korea University

University of Luxembourg

University of Nicosia (Cyprus)

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