Curtin University in Australia Launched a Cryptocurrency PhD Program Funded By Cryptocurrency

Curtin University, the largest university in Western Australia with over 58,000 students, launched a cryptocurrency PhD program funded with a cryptocurrency. The news was announced on the Uni’s blog on July 23, 2019.

Targeted mainly at cryptocurrency, blockchain, and data analytics students, the higher education program will be entirely funded with bitcoin or Ethereum — the school’s officials say this will help popularize cryptocurrencies.

To this end, the Uni created The PhD Scholarship Fund that will accept donations entirely in Bitcoin and Ethereum. The new Fund will enable companies and individuals to donate cryptocurrency to fund PhD students interested in pursuing education in the above-mentioned areas. The most generous donors can even choose the field of specialty that the Cryptocurrency PhD Scholarship Fund will sponsor.

Curtin University Associate Deputy Vice-Chancellor Research Excellence Professor Garry Allison notes the fund is a good opportunity for cryptocurrency investors to foster a new generation of PhD graduates who will help develop this new technology.

“By establishing the Cryptocurrency PhD Scholarship Fund, Curtin will provide the opportunity for entrepreneurs who have realized significant benefits from cryptocurrencies such as Bitcoin and Ethereum to give something back to these communities,” said Professor Allison.

In order to support real-time, peer-to-peer payments on both Bitcoin and Ethereum blockchains, Curtin University has partnered with a blockchain startup Centrality and payments services firm Nelnet International who developed a Web 3.0 payment system.

Centrality will also make its Web 3.0 platform and developer toolkits available for students and researchers. This will enable the Curtin community to use real-world software to build decentralized applications that leverage the latest technology, like Industry 4.0.

“These graduates won’t just research technology, they’ll contribute positively to building a more equitable digital economy,” Centrality Group General Manager Jerome Faury said.

In the last few months, other educational institutions like Dublin City University and University of British Columbia have also launched blockchain technology programs.

Related News

Paying for Swiss-secure ProtonVPN with Bitcoin

ProtonVPN is not the flashiest, or even the cheapest of VPNs, but it’s one of the best picks on the market today. The ProtonVPN team’s huge emphasis

Read-more

Monthly Fees Imposed on Crypto Companies in Uzbekistan

According to new laws that officials have suggested, cryptocurrency companies in Uzbekistan would be required to pay fees to the state. The fees differ based on the type of business and might be as high as $11,000

Read-more

ArcBlock ushering in Blockchain 3.0

ArcBlock, often described as a pioneer in Blockchain 3.0 technology, aims to become “the World’s first blockchain ecosystem for building and deploying decentralized

Read-more

SD Bullion now accepts Bitcoin and Bitcoin Cash

Precious metals like gold and silver is still a choice of many investors looking to protect themselves against inflation. PMs have a long history as a long-term solution for keeping funds.

Read-more