New Blockchain Laboratory Opens at Northeastern University in Boston (NEU) by Turkey’s BAU

  • Boston’s Northeastern University (NEU) and Turkish Bahçeşehir University (BAU) collaborated to launch a Blockchain Center.
  • Master and doctoral programs may later be added to the program.

Blockchain technology, like any other fintech, is evolving constantly. To keep making progress, schools like Boston’s Northeastern University (NEU) have adopted programs that let clients explore that tech more. Turkish Bahçeşehir University (BAU) announced that they have launched a blockchain center at NEU, which will now make it possible to offer informational support on blockchain technology.

Along with the informational support that this launch will offer, the main goal is that the BAU-NEU Blockchain Laboratory will allow the collaboration to apply for funds in three regions – the EU, the US, and Turkey. In doing so, Turkey is able to get more involved in the blockchain market, while bringing in more specialists in their area.

Enver Yücel, the chair of the BAU Board of Trustees, spoke on the new collaboration, saying that the goal is to create starting programs that allow participants to gain a master or doctoral education in the blockchain. These programs would be done in collaboration with the Turkish Exporter’s Assembly.

The director of the BlockchainIST Center of BAU, Bora Erdamar, said that the implementation of blockchain technology will ultimately impact every sector,

“from logistics to trade, from education to health, from energy to agriculture.”

The educational space has been seeing a lot of blockchain technology in other regions of the world as well. The Yongsei University and the Pohang University of Science and Technology, which are both located in South Korea, have been collaborating in an effort to create a Blockchain Campus, which will have its own cryptocurrency. With this student-focused project, the universities hope to improve the number of users involved in cryptocurrency will end up increasing.

An advanced fintech and blockchain technology program were created by a collaboration between the Indian Institute of Management (IIM) Calcutta and TalentSpirit back in February. The desired audience of this program includes individuals involved in management and finance, helping to teach the participants about the growth of the financial market, and how blockchain tech will influence these ecosystems.

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