New Ripple Insights Post Shows New Generation Of Blockchain Workers Getting Support From Fundação Getúlio Vargas In Brazil


New Generation Of Blockchain Workers Receives Necessary Support And Education From Fundação Getúlio Vargas In Brazil

Blockchain technology is growing every day, and the only way to keep up the pace is to have new developers learn the technology and seek out ways to improve it. However, before that innovation can happen, the industry needs more people that understand blockchain technology, which is what Sao Paulo’s Fundação Getúlio Vargas (FGV) is working towards.

FGV is one of the leading universities in Brazil, and they offer the University Blockchain Research Initiative, which was recently developed by Ripple. Professor Riccardo Rochman of the university spoke with Ripple on a recent issue of their Insights blog to discuss the way that their Crypto Master’s Program is readying blockchain entrepreneurs and leaders for the future.

The topics of blockchain and cryptocurrency are necessary research topics in Brazil, considering the role they play in the evolving economy. In Rochman’s opinion, blockchain has the potential to overthrow the current protocols that exist in business and economics, ultimately empowering the people of Brazil.

Presently, the Brazilian Development Bank (BNDES) uses blockchain and a proprietary cryptocurrency as a way to fund local businesses. Considering this use case, Rochman pointed out that the new paths being made for blockchain technology will make the environmentally friendlier and needier of the new workers and entrepreneurs with a fresh take of the fintech.

A major part of this future vision is UBRI, which Rochman says is helpful in bringing in more students to the program. In fact, he has noted that there has been an increase in the number of research proposals on blockchain, along with new dissertations.

With the funding, FGV has been able to work with private firms as well. They have also been responsible for the networking that has been set up with other UBRI-funded universities. The cooperation of these networking relationships is now is what will pivot the blockchain community forward. Last year, Rochman even was part of the launch of the Master’s Degree in Crypto Finance, which had never been done before now.

When the program originally began, there were about 20 that enrolled in the first course that they made available, while 250 joined the Master’s Program. The numbers have grown exponentially since then, and there have been many new students immediately enlisting in the program. Rochman views the work that the university is doing as a way to change Brazil and eventually the rest of the world.

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