Blockchain research is set to get a cash injection from Dash as the cryptocurrency collaborates with the Arizona State University’s Blockchain Research Laboratory. As blockchain awareness continues to grow, more and more industries are realizing that it could be a viable solution in their business. However, as with any evolving technology, time and effort need […]
Blockchain research is set to get a cash injection from Dash as the cryptocurrency collaborates with the Arizona State University’s Blockchain Research Laboratory.
As blockchain awareness continues to grow, more and more industries are realizing that it could be a viable solution in their business. However, as with any evolving technology, time and effort need to be put into researching its mainstream benefits.
Dash Offers Financial Support for Blockchain Research
In November last year, Arizona State University (ASU) entered into a collaboration with Dash, a top-20 cryptocurrency with a market cap of just over $6.5 billion, according to CoinMarketCap. The self-funding crypto offers many distinctive characteristics, including instant and private transactions through its InstantSend and PrivateSend features respectively.
According to AZ Big Media, the move came after Dash donated $50k to the ASU’s Blockchain Research Laboratory (BRL) in August last year.
The partnership will introduce the Dash Scholars Program, which will provide $100k to fund undergraduate and graduate research fellowships, and open source projects. The program will also contribute $100k to the BRL and $50k to the Luminosity Lab and blockchain course development. In addition, $100k will be allocated to an ASU online graduate course scheduled …
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