South Korea is one of the fastest growing crypto economies in the world. Recently two of the South Korean Universities have signed a deal which is more of a partnership agreement with American based cryptocurrency Ripple to provide assistance with financial and technical support for research into blockchain agreement algorithms and smart contracts security. According to the sources Ripple also has similar contract agreements with a range of universities, including the Massachusetts Institute of Technology (MIT).

Korean University ‘s graduate school has developed a new Blockchain Research centre which will train Blockchain experts at the university which is country’s fastest growing market. Similarly, another famous university in South Korea Hanyang University has signed an agreement with Ripple for the training on Blockchain security solutions and the partners will also open a blockchain business incubation course at Hanyang’s Seongdong-gu campus, and say they will plan and operate blockchain-themed networking events.

In Soth Korea, many other institutions are increasingly developing different types of courses on cryptocurrency and Blockchain to increase the efficiency in the market.