The University of Tokyo began offering a blockchain course at its graduate engineering school, thanks to an $800,000 donation from a consortium that includes the Ethereum Foundation and Japanese banking juggernaut Sumitomo Mitsui.
The class — called the “Blockсhain Innovation Donation Course” — was rolled out on November 1 and will run through October 2021, according to a statement by Sumitomo Mitsui.
Other corporate donors included Good Luck Three, JSS Corp., Zipper Corp., Hotlink Co., and Money Forward Inc.
Goal is to Cultivate Blockchain Entrepreneurs
The purpose of the blockchain course is to educate highly motivated, business-minded students with “outstanding talent in information mathematics” about fintech and the game-changing technology underpinning cryptocurrencies.
The University of Tokyo hopes to nurture future blockchain entrepreneurs by teaching them about decentralized networks and how to implement them socially.
Blockchain is a hot, trendy field of study right now, and many corporations are investing substantial amounts of money to promote the development and widespread adoption of blockchain.
Experts say the innovative technology could transform healthcare, banking, supply-chain management, and the entertainment industry.
Ripple Donated $50 Million To Multi-Uni Program
In June 2018, Ripple, the blockchain-based payment network, donated $50 million to 17 universities around the world to launch a partnership called the University Blockchain Research Initiative. As CCN reported, Ripple made the donations in US dollars, not cryptocurrency.
The company said interest in blockchain is soaring as more people are discovering the vast potential of distributed ledger technology, including facilitating speedier cross-border payments.
In April 2018, Ripple also invested $25 million of its XRP cryptocurrency into Blockchain Capital Parallel IV, a $150 million fund that will invest in blockchain ventures.
Even “Old Money” like the Rockefeller family is investing in blockchain startups, as CCN reported.
Many top business schools around the world, including Wharton and Stanford, have expanded their MBA course offerings to include classes on bitcoin and blockchain, as CCN reported.