Ethereum (ETH) & OmiseGO (OMG) Support Stanford Blockchain Research

Ethereum And OmiseGO Will Support Stanford’s Blockchain Research

A recent tweet from Vitalik Buterin, the creator of Ethereum, stated that the developer was excited to support Stanford’s new Center for Blockchain Research. OmiseGo, which Buterin is an advisor of, has already stated that it would also support this initiative.

The Stanford Blockchain Research Center

This new center will be created in Stanford to support the many faces of the blockchain technology and its impact in the world. The idea is to create a center which will address the practical, technological, legal and societal challenges of this new technology.

By developing a curriculum focused on blockchain across a variety of fields, this new sector of the University intends to become one of the most important centers for this technology around the world.

The research center will be led by Dan Boneh and David Mazieres, which are both professors in the area of Computer Sciences. Other professors which are said to work in the facilities are Alex Aiken, David Dill, John Mitchell, Tim Roughgarden and Joe Grundfest (focused on law, unlike the others).

The leaders of the center believe that teaching about cryptocurrency and blockchain has become something obligatory for more areas, as this technology is becoming critical to doing business globally lately. Their goal is to transform Stanford in the forefront of studying this technology and its effects.

Not Only Teaching How Blockchain Works But How It Changes The Market And The World

More than a research center for how blockchain works, which there are many in the whole world, Stanford is aiming higher: the main goal is to understand how blockchain is changing the way that people and companies transact and complete financial deals on the internet.

The idea is to bring the best names of the academy and of the industry together to discuss the market and how it is changing. The center will be used for research and to create courses to teach future students how to use the blockchain as a tool for many objectives.

Mazieres states that the blockchain massively lowers the barriers of creating digital assets and that it allows people who do not even know each other to collaborate and transact. Boneh believes that this is a fascinating area and that it will generate many PhD theses across the world.

The supporters of this initiative are The Ethereum Foundation, Protocol Labs, the Interchain Foundation, OmiseGO, DFINITY Stiftung, and PolyChain Capital.

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