American university Arizona State announces that it is to partner with the cryptocurrency for a $350,000 deal. The donation is intended to help younger students become involved in blockchain technology, development and research. It is hoped to generate an academic interest of cryptocurrencies and develop the knowledge and access that younger students have when it comes to studying this subject.
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$100,000 will be donated to the Dash Scholars Program in order to bring more money in for undergraduate and graduate research fellowships. Another £100,000 will be donated to the blockchain Research Lab who is researching blockchain application and development. Areas of which they research include banking, retail, smart contracts, debt and equity and even energy. And this new partnership will benefit the extent of which they are able to research the blockchains utilization in these markets.
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Another $100,000 will be donated for creating an online graduate course to that will allow students to participate in courses while they are at home. And also Luminosity labs will receive $50,000, who are a company using neuroscience solutions to enhance games with cognitively challenging abilities. Such technologies could be used to prevent or prolong Alzheimer's disease, and also help to physically rehabilitate those who have suffered physical trauma.
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This is promising as it shows that educational institutions are confident in the creation of jobs in this sector in years to come, and shows how when utilized by society effectively the block chain can be used to bring people and organizations together to solve problems. As the second university after M.I.T to start using a cryptocurrency to enhance their educational programs, it definitely won't be the last and will be very curious to see how these partnerships develop in the future.