Bank Frick Funds a Blockchain Research Center at the University of Liechtenstein

To mark two decades of its existence, Bank Frick is sponsoring a blockchain research and certificate program at the Liechtenstein University. Specifically, the bank will provide financial support for blockchain and fintech-related research at the university for five years. In addition, the college will also introduce a short course on blockchain technology.

The collaboration with the college is seen as a means of giving back to the community. Ultimately, the two partnering entities intend to develop a hub for blockchain and fintech. The facility will be constructed within the Finance School at the campus.

As of now, the university has already designed the curriculum for a certificate course on fintech and blockchain technology. The program is scheduled to start early next year and will discuss topics such as Bitcoin and altcoins, fintech, distributed ledger technology and most importantly, how these can be used in real-world situations. The course instructor will be Martin Angerer, a professor at the institution of higher learning.

The objective of the program mentioned above is to equip learners with knowledge on fintech, digital currencies and blockchain technology. The course will admit a minimum of six students and a maximum of twenty-two. To qualify for the course, individuals must have worked in the commercial services industry or demonstrate sufficient knowledge on the same. After paying the $9,800 fee, students must attend at least three-quarters of the classes to get a certificate of completion.

According to Edi Wögerer, the CEO of Bank Frick, the university will tackle blockchain from both a legal perspective as well as a financial point of view. Edi believes that learners will benefit greatly from the blockchain and fintech course provide by the university.

The investment in the University of Liechtenstein is not the first time that Bank Frick has demonstrated an interest in digital currencies and blockchain technology. In fact, the institution is among the few European banks that allow their clients to transact in virtual currencies. Overall, a majority of banking institutions in Europe have maintained a conservative approach with regard to adopting crypto-related transactions.

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