Ripple has reported today, the University Blockchain Research Initiative, a cooperation with top universities around the globe. Ripple will confer over $50 million in funding to facilitate the growth of academic research along with the technological advancements and development in the blockchain, cryptocurrency, and digital payments.

Ripple will cooperate with 17 universities from everywhere throughout the world.

The Princeton University is also one of the colleges associated with the program and it will be conducting the study of policy effects of crypto and blockchain in the US as well as around the globe.

Other colleges associated with the UBRI program are MIT, University of Technology in Delft, Australian National University College of the Law, IIT Bombay, Korea University, Fundação Getulio Vargas, University College Londen, University of Pennsylvania, University of North Carolina at Chapel Hill, University of Luxembourg, University of Nicosia, University of Oregon, University of Waterloo, International Institute of Information Technology Hyderabad and Haas School of Business.

The project has announced that these colleges will decide their own research subjects. Besides that, Ripple will be partnered along by the schools that will fortify innovation and development in the blockchain technology, to make new academic curriculum to take care of the high understudy demand for researching on blockchain, crypto, and fintech , and allow the ideas and thoughts of the students to circulate along with their academics.

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