NYU Stern School of Business is First University To Offer Major In Blockchain Technology

New York University (NYU) has just become the first university in the U.S. to offer students a major in blockchain technology.

The program will reportedly be provided by the NYU Stern School of Business, which was also a pioneer in offering undergraduate courses in cryptocurrencies and blockchain. Professor Andrew Hinkes reflected on the new program:

“We hope to establish a groundwork so that the students can understand what’s really happening under the hood so that they can understand both the legal and the business implications, and prepare them to go out and tackle this new market.”

In that sense, professor Hinkes said that the main aim of the teachings is to help the students understand how exactly the crypto dynamic works, its legal concepts, business concept, as well as how to survive in the constantly moving market.

Inside the Stern School of Business, the Bitcoin wave has taken hold. Professors had to move their class about cryptocurrencies and the blockchain technology they’re developed with to a bigger room.

The new market involves digital currencies, like Bitcoin and Ethereum, and technology called blockchain, which is used to show the record of every cryptocurrency transaction. Mustafa Khan’s one of the more than one hundred students from a variety of majors at NYU enrolled in the class this fall.

“In the environment, we live in today, it’s become especially relevant to get a hold of how new technologies work and how they interact with the legal system,” he said.

Last month, Coinbase released a study, showing that 42% of the world’s top 50 universities have at least one class on cryptocurrencies and blockchain. Of the 172 classes reviewed in the study, 15 percent were offered by economics, finance, law, and business departments, while 4 percent were in social science departments. The study found that blockchain and crypto-related courses are most popular in the U.S. among other countries.

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