The programs, funded by a longtime supporter of the university, will teach students about bitcoin and other digital assets.
Cryptocurrencies are getting a lot of attention from academic institutions as they are increasingly accepted as an alternative to traditional assets. The University of Cincinnati (UC) in Ohio, USA, has even introduced cryptocurrency courses as part of its curriculum.
In fact, UC is working on two new programs that will introduce students to cryptocurrencies such as Bitcoin (BTC) and new financial technologies, UC News reported on Wednesday.
According to reports, the projects will be funded by Dan Kautz and Woody (Woody) Juible, who will implement them through the Carl H. Lindner College of Business at the University of California. The funding also included setting up a public-private lab at Digital Future’s new headquarters, which is expected to open later in 2022.
Following the launch of this initiative, Dean Marianne Lewis, Ph.D. stated that students will be able to receive hands-on training in the new field of financial technology, adding:
“Our students will learn how to manage cryptocurrencies and how such digital assets affect our economy, positioning UC as a regional leader and among the best universities in the country with this kind of programs.”
Cryptocurrency education has recently gained popularity, especially among marginalized communities, as new financial frontiers enable people around the world to create, innovate, monetize, and prosper. To help such communities take advantage of these opportunities, Jay-Z and Twitter co-founder Jack Dorsey teamed up to fund the Bitcoin Academy, a program for residents of the Mary House in Brooklyn, New York, where Jay-Z grew up teaching people. about cryptocurrencies.
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Other top universities have also taken to blockchain and cryptocurrencies. For example, the Massachusetts Institute of Technology (MIT), widely known for its pioneering research and rigorous curriculum, is at the forefront of blockchain technology and takes a research approach to a decentralized ecosystem.
Harvard has a vibrant student blockchain network with over 200 members. There are weekly “Crypto 101” discussions and there is an incubator on campus that allows students to develop and scale their crypto projects.