Blockchain Enters Academia
Demand for Blockchain Technology Education
The craze of Bitcoin, cryptocurrencies, and blockchain technology bring a wave of change in the relationship between academia and business. It is spreading across college campuses around the world, especially in the United States and Europe. In the US, U.C. Berkeley, Cornell, Carnegie Mellon, Duke, MIT, and Stanford are just a few of the elite American universities also offering courses in cryptocurrencies and the blockchain. In Austria, Vienna University of Technology has launched a multi-blockchain transfer system. Also, the Vienna University of Economics and Business Administration is offering courses. One of the seminars is aptly called “Introduction to Cryptoeconomics: What is it and why should I care”.
Courses are often jam-packed, most having waiting lists. The University of California, Berkeley is currently offering a hybrid “Cryptoeconomics” course, with Technology, Business, Engineering, and Law all integrating the blockchain and elements of .
According to the Chicago Tribune, digital currency and related topics have become an important part of class discussions on finance and money. are also following suit, with some adding entire modules devoted to the subject, while others are changing existing lesson plans to dedicate for time and energy. This year, one of its professors received approval to create a course entirely devoted to the study of cryptocurrency. Plans are underway for inclusion to the 2019 Masters of Business Administration program. In the meantime, students of the Illinois Institute of Technology can take advantage of related summer courses.
Bitpanda, an , is partnering with Vienna University of Technology to develop an open-source platform called “Pantos” for real-time trading between different blockchain tokens, with Research Institute for Future Cryptoeconomics (RAIT) in Austria also participating in the academic program.
Several German universities like FIR at the RWTH Aachen University, Fraunhofer FIT, and Demofabrik Aachen, and research institutions have extended student and apprentice applications to include openings for exploring the use of blockchain technology.
Besides graduate-level courses, blockchain and cryptocurrency student groups are popping up on universities. In fact, demand for memberships to cryptoclubs has been soaring. Students sometimes undergo three-round application processes to compete for very few remaining openings. At Berkeley, students in one crypto club work for Fortune 500 companies like Airbus and Qualcomm. One group formed a hedge fund that raised more than $20 million. However, when polling enthusiastic students, the majority seemed motivated less by money. Their focus was on the blockchain’s ability to change the world as markets are undergoing consolidation.