Stanford University can quickly come up with cutting-edge blockchain innovations through a new $4.5 million partnership with Cardano (ADA) developer Input Output Global (IOG).
the company is fund A so-called blockchain research hub was set up at the university for three years, with an eight-person steering committee made up of six Stanford University professors and two IOG staff to determine the workload.
Proposals are open to faculty, undergraduates, and graduate students.
IOG CEO Charles Hoskinson says the investment will accelerate the evolution of blockchain technology.
We have been dedicated to strenuous research since the beginning of our business, and our work forms the foundation on which Cardano has been built. Working with leading academic institutions like Stanford. , setting up these blockchain research hubs is key to our vision.With research hubs, blockchain development can grow even more rapidly based on new findings, and the hubs will be It adds a new layer of effectiveness never before available to our sector.
The Steering Committee is chaired by Professor David Tse of Stanford University’s School of Engineering.
Research Hub will be a huge boost to interest in both basic and applied blockchain research at Stanford University.
The first round of proposals for funding closes by November.
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