Published on June 15th, 2018 | by bitcoin0
Ripple planning to Invest over $2,000,000 in TX University´s Blockchain Investigation
The company pledged to invest $2 million over the next five years in the university’s McCombs School of Business to support its Blockchain Research Initiative, according to The Daily Texan.
The funding by Ripple is part of the $50 million it pledged to invest in blockchain research by universities around the world, as previously reported by CoinDesk.
Fracassi, who also runs the school’s Blockchain Initiative program, told CoinDesk that the school plans to call for proposals later this year.
For example, the medical school expressed interest in blockchain research,” Fracassi said.
According to the Blockchain Initiative website, its purpose is to “support faculty and graduate students research on blockchain,” as well as “teach students the main concepts related to blockchain, cryptocurrency, and digital payments.”