Universities all over the world engage in Blockchain
There have been 5 famous Universities that have invested tens of millions of dollars into the development of cryptocurrencies and Blockchain, which was done through the endowments of their funds. The crypto market is for everyone and there are more people that are realizing this each day, today there is a bigger participation of individuals that are interested in cryptocurrencies and its potential to change the world of finance.
The technology is penetrating into our daily human lives, just like any other technology that we need, to make things better and easier. Aside from that, the technology is on a constant development path, bring more activities each day into the “Industry”, as it is called these days.
Universities are always ready to learn new things and staying updated with technology like cryptocurrencies as bitcoin and the Blockchain is a priority, it is very important in almost every field of knowledge.
Many educational centers have begun to offer comprehensive courses on cryptocurrencies and the power of the distributed ledger technology (DLT) or Blockchain that bitcoin brought to the world of finance. The Standford University is a private Californian-based research focused University, where academics learn about the implementations of the Blockchain and are taught by professionals with experience in the industry.
There are people like the general partner at the Andreessen Horowitz, which is a former U.S. Justice Department (DOJ), along with attorney Kathryn Haun, and a consulting economist at Microsoft Dr. Susan Athey, and the chief technical officer at Coinbase, Balaji Srinivasan has made contributions to teaching students to master the skills necessary in the technology.
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Applied cryptography related courses are also taught a the University in California at Berkeley, which the education of Blockchain, Cryptocurrencies and the future of the technology together with Business Law are becoming more and more essential in our daily lives. The Yale University went even further to investing in the crypto market in order to help new crypto fund companies raise more than $400 Million into this decentralized technology.
There were also some investments from the Yale University, followed by world leading Universities like the University of North Carolina and the Dartmouth College are now focused on the technology. These institutions have invested tens of millions of dollars in the development of cryptocurency and funds through the respective enndowments. The organizations will invest in physical crypto and equity in a multitude of firms.
According to a report from an information journalist Jon Victor, these steps will mean that investors attitude towards digital currencies is about to change. As he further stated that:
“A move by endowments into funds that will directly bet on cryptocurrencies signals a major shift in investor sentiment toward the asset class…Backing from such closely watched institutions could help validate cryptocurrencies, which are still considered too risky by many institutional investors.”
A few years back there was a billionaire and cryptocurrency investor and enthusiasts, Mike Novogratz predicted that there would be a herd of institutinal investors that will be powering the bitcoin bull market. Back in April of this year, Ari Paul which is a cryptocurrency fund Manager and a former portfolio manager at the University of Chicago has indorsed endowments made to the technology. The company stated that there are many institutions that had already showed great interest in the crypto markets and have invested in it, however they needed enough understanding people in order to make the first move into the market. A strategy was carried out by the Wall Street firm called Fundstrat that did a research and found out that institutional investors believed more in cryptocurrencies like bitcoin than do prospoects like retail and Bank investors.
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