Ripple has concluded a partnership agreement with Toronto University for educational seminars, research and technical developments, associated with blockchain.
Partnership was concluded as part of the Ripple International Initiative on Research Blockchain at universities (Ubri). The program is aimed at, so that students of educational institutions can acquire knowledge and improve skills, which will increase their demand in the crypto industry. Toronto University also announced his readiness to become an independent XRP Ledger validator.
Ripple Vice President Eric Van Milthentburg (Eric Van Miltenburg) told, that over the past five years, Ripple has invested in UBRI more $2 million, So that in leading universities and colleges of Canada, people can get knowledge about blockchain and cryptocurrencies. Around $47 The company has allocated a million for universities around the world, and to 2023 This budget was increased to $80 million.
Miltenburg noted, that mainly the UBRI program is implemented outside the United States. This is due to that, that American regulators tightened measures against crypto companies, while other countries relate to digital assets more loyal.
“More and more cryptocurrency startups are created outside the United States, Therefore, the conduct of educational seminars about the blockchain and cryptocurrencies, as well as the cultivation of new talents is crucial for the long -term development of the industry ", - said Miltenburg.
Recall, what in 2019 year, As part of the UBRI research program, Ripple began to cooperate with 10 leading universities: University of Carnegie Mellon, Cornell University,OM University of Duke, Georgetown University, Morgan University of State, Kansas University, University of Michigan and North-East University, as well as the National University of Singapore and San Paulo University.
