Ripple has partnered with a top Chinese university for a blockchain research program.
The Institute for Fintech Research (THUIFR) at Tsinghua University in Beijing announced last week that the scholarship program would focus on global regulatory policies and blockchain development. Selected students will also get to participate in corporate visits and events.
Ivy Gao, director of international cooperation and development at the university, said that the initiative is aimed to provide students a “comprehensive view” of global blockchain regulatory policies, adding that he believes it would help students with their “future research or career in the field of blockchain technology.”
Eric van Miltenburg, Ripple’s SVP of global operations, said:
“The program’s goal – to provide students with opportunities in blockchain research – closely aligns with that of Ripple’s University Blockchain Research Initiative; we’re thrilled to support THUIFR in this endeavor and look forward to its launch.”
Back in June, Ripple announced it was putting over $50 million into academic research into blockchain through the university initiative. It partnered with 17 universities from across the globe at the time, including institutions in the U.S., Australia, Brazil, Canada, Europe, India and South Korea.
Blockchain research projects from educational institutions around the world have received funding support from government agencies as well. Earlier this month, the U.S. Department of Energy announced federal funding of up to $4.8 million for universities working on R&D projects, including those related to blockchain.