Tezos to Gift Blockchain and Smart Contract Grants to Leading University Institutions

Tezos Foundation To Give Grants for Blockchain and Smart Contract Research To Some Institutions

Tezos foundation offer grants to three institutions for research on blockchain and smart contract research. The detail of the grant and the Institutes were detailed on the website of the Tezos foundation on the 9th of August.

The institutions to be offered grants are Cornell University, University of Beira Interior, and the Decentralized Et Consulting, LLC. The grants will aid study and research on the blockchain and the smart contract as to improve the goal and mission of Tezos foundation.

The Tezos Foundation Grant

Tezos foundation whose primary focus is the promotion and development of the Tezos protocol and related technologies, as well as the promotion and support of applications using the Tezos protocol. The grant will also cover the promotion and development of new technologies and applications in the areas of open and decentralized software architectures.

The research grant for the Cornell University, is for a two-year research effort on consensus algorithms, mainly focusing on sharding in blockchain protocols. Afterward, the research team will develop protocols that may be applied to Tezos.

Associate Professor will lead the Cornell research team and Co-Director of the Initiative for Cryptocurrencies and Smart Contracts, Emin Gün Sirer, known for is contributions to the blockchains peer-to-peer system.

The grant to the University of Beira, an institution based in Portugal is to support two projects which are two master’s theses, research on the implementation of Tezos for event logging of robots in factory environments and two Ph.D. theses, on tools for the static analysis of smart contracts in programming languages.

Decentralized Et Consulting, LLC. will get a grant to continue the main reason for its establishment which is to actively research new methods for decentralization and provide blockchain solutions for such opportunities. The Institute is a research institution founded by Gordon Speagle of the College of Engineering at the University of Illinois at Urbana-Champaign.

It was stated according to the official website that,

“The Foundation will hold a formal call for research grant proposals later this month. Prospective grantees from research institutions needing immediate consideration for a grant may apply through the interim grant making form.”

The Tezos grant is to research more on blockchain tech and also improve on the goals of the foundation.

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