Ripple announced that other universities will support the network and this will accelerate progress in academia and industry.
#UBRI expands to new global markets and announces support for more than 35 university partners, accelerating academic progress and innovation in the industry. Read more. https://t.co/VAzsklBovQ
– Ripple (@Ripple) August 26, 2020
The project, which is part of the University Blockchain Research Initiative (UBRI), was created in 2018 with the aim of financing development related to the use of blockchain and its possible applications. So far, it has resulted in more than 180 researches and 95 courses in more than 15 countries, which shows how this sector is constantly active.
The newest universities supporting Ripple are ETH Zurich, the University of Zurich, Ryerson University, and the Instituto Tecnológico Autónomo de México (ITAM), bringing the total number of universities to 37.
Ripple and universities
Refering to University of Zurich, starts the Fintech Innovation Lab which will be the first interdisciplinary research center in this field, according to its director, Thomas Puschmann:
"What we are doing at the University of Zurich is not only special, it is the future."
ETH Zurich, on the other hand, is currently engaged in research on security and cryptography and new payment systems, as the systems security professor explains, Srdjan Čapkun:
"As we prepare to embark on a new journey, UBRI's support will be important in unlocking the power and potential of fintech in Switzerland and beyond."
In Canada There is the Cybersecurity Research Laboratory of Ryerson University (CRL), which is working on Mosaïque, a data-based system for decentralized networks, as the director of the CRL explains, Atefeh Mashatan:
"We see our partnership with UBRI as an opportunity to leverage Ripple's expertise in blockchain innovation to build a token-based payment method for Mosaïque."
Finally, in Mexico The blockchain sector has grown 90% since 2018 and several companies are beginning to adopt this technology because the country is too dependent on cash that is increasingly difficult to collect.
That is why the Mexican government is in the process of digitizing and many courses are being developed.
The teacher Gustavo Salaiz explained:
"We want to ensure that students have the right mix of skills for a world where data and transactions take place in distributed ledgers, and Ripple's UBRI will help us prepare our students for the digital future of financial service." .