Connecticut’s Holberton School In New Haven Gets A $10,000 Donation In Bitcoin By A Philanthropist Alumni
$10,000 Worth Of BTC Donated To Holberton School In New Haven By A Philanthropist Alumni
Cryptocurrency donations are slowly becoming an avenue for corporate philanthropists to support Tech oriented research institutions. Holberton School in New Haven is the latest recipient of a large crypto donation after Scroll founder who is also an alumni of the school donated $10,000 worth of BTC. Nathan Pitruzello made this generous donation in a bid to support Hoberlton’s mission of driving the digital era transformation.
The $10,000 Bitcoin Grant Set For Allocation To Connecticut’s Holberton School
This institution in New Haven announced at the beginning of this week that its two-year software engineering program was a beneficiary of BTC proceeds. Holberton’s board through a representative said that the funds are set to be used as kickback for the school’s students in order to support their day to day expenditure.
Mr. Pitruzzello, a Holberton alumni and now Scroll founder, ventured into the Fin Tech arena and created a friendly blockchain ecosystem for internal management and storage records. The CEO began his venture back when he was only 22 years old and has since grown from operating with 4 employees to over 20. Scroll’s goal is to create a network that leverages the digital ledgers to offer solutions for supply chains while increasing the efficiency of existing systems.
On the other hand, Holberton is committed to nurturing a new class of engineers with the ability to make an impact in crypto and blockchain. The school prides itself of producing talent for big names like Apple, Tesla, and NASA and recently into the blockchain industry. Pitruzzello is among the successful Tech preneurs to pass through Holberton’s project-oriented curriculum hence his philanthropic nature towards the school.
Pitruzzello added that this was his way of enabling prospective students just like he once was to achieve their goals. One of the factors that attracted him to Holberton apart from being alumni was the diversity of professionals trained to make an impact within the Fin Tech arena. Furthermore, the idea of having such an innovative program in New Haven thrilled Pitruzzello who is now looking forward to what the future holds once the young talents realize their potential.
Blockchain Certificate Records For MIT And Holberton
The two institutions pioneered the storage of certificate records on digital ledgers; both currently leverage Bitcoin’s ecosystem for this purpose. Holberton started using this service as early as 2015 as a way to stop counterfeits from using fraudulent means to beat the system. In addition, the target was mainly employers that rely on doing due diligence for potential employees. The school’s software engineering department facilitated the move and has since kept this routine for future blockchain references and to prevent any tampering.
Massachusetts Institute of Technology is another higher learning institution that records certificates on the blockchain network by using the Blockcerts program. So far, a number of diplomas have been allocated to their respectful owners via this blockchain network which guarantees immutability.
The advantage of Holberton’s Software engineering school is a well negotiable fee structure. Basically, the students can pay a certain amount of the fees and pledge to pay the rest once they secure a job after their studies. Furthermore, the school is present in a couple of cities around the world that include Medellin, Bogota and San Francisco. Nadine Krause, director of Holberton said that the donation will come in handy for sustainability of the school’s students;
“We’re honored that Nathan Pitruzzello chose to support Holberton students in this way and to help further our mission of making our program accessible to more people, regardless of an individual’s experience level or financial means.”