The Institute for Fintech Research (THUIFR) at Tsinghua University in Beijing has reportedly teamed up with Ripple to build a blockchain research program.
According to Ripple’s partnership announcement which was made last week, the cryptocurrency company and the school will work together to create a scholarship program with the Chinese university focusing on global regulatory of crypto assets and blockchain development.
Ivy Gao, director of international cooperation and development at the university, said that the program would provide students a “comprehensive view” of blockchain-related regulatory policies while also allowing them to explore possible “future research or [a] career in the field of blockchain technology.”
Ripple Partnership With Chinese University Creates Opportunities For Students In Blockchain Research
Ripple’s SVP of global operations, Eric van Miltenburg, also commented on the new partnership with the Chinese university, saying, “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.”
THUIFR was established as a collaborative effort by the PBC School of Finance, Institute for Interdisciplinary Information Sciences, School of Software and Law School at Tsinghua University in 2017.
The Institute is committed to becoming a leading platform for interdisciplinary research, policy advisory, collaboration, and innovative developments with the goal of building a healthy, stable and sustainable fintech ecosystem in China.
Ripple’s Network – RippleNet
Ripple is a financial blockchain company that enables banks to efficiently transfer or send money globally. Ripple’s network, RippleNet, allows financial institutions to process customer payments anywhere in the world instantly and at a relatively low cost. Ripple has over 200 institutional customers globally, with offices in San Francisco, New York, London, Mumbai, Singapore and Sydney.
Ripple announced in June its University Blockchain Research Initiative, a $50 million global enterprise aimed at supporting and accelerating academic research regarding the technical development and innovation of blockchains, cryptocurrencies and digital payments. So far, Ripple has partnered with 17 universities, including institutions in the U.S., Australia, Brazil, Canada, Europe, India and South Korea.