On the 18th of September, the executives of the global foundation based in Singapore “NEM.io Foundation”: President Lon Wong, Vice President Jeff McDonald and Council Member Christoph Van de Reck visited Kazimieras Simonavičius University (KSU).

“NEM.io Foundation” is the leading Blockchain and digital currency technology company. Guests discussed KSU decision to accept tuition and fees in cryptocurrency and cooperation opportunities in the financial technology sector with KSU Chancellor Darius Verbyla.

“NEM.io Foundation” is the sixth largest Blockchain and digital currency technology company, valued at 1.7 billion euros. The company develops Blockchain technology, called NEM, and the digital currency XEM.

On the 19th of September, Jeff McDonald gave a talk “Blockchain – A New Revolutionary Protocol” at the modern technology and entrepreneurship event #SWITCH! in Kaunas. At the event KSU presented a temporary exhibition called “Cryptocurrency Museum”.

Starting from September 14, 2017, Kazimieras Simonavičiaus University accepts payments in cryptocurrency. The university is the first to offer this way of payment for studies in Lithuania, and one of only a handful in the Baltic Sea region.