New York University (NYU) recently proclaimed that it will provide graduate-level expertise in Cryptocurancaries and their underlying blockchain technology.
Other top universities, including Cornell and Stanford, are presenting courses related to crypto, which show that there is now a “major [growing or developing] connection” between the academic and blockchain industry, according to a recent article posted on Finance Magnets.
Rachel McIntosh, the article’s author, writes that blockchain technology has gained credibility because it is being increasingly adopted by many different types of companies. She adds that “the presence of blockchain programs in educational institutions legitimizes the technology.”
Countries around the world, with the Bahrain empire, are taking more interest in blockchain technology. Turkey started its first research and innovation center to help its citizens learn more about distributed account technology (DLT), Last month.
Increasing “Presence” Of Blockchain Courses
However, just “presence” of blockchain-related courses in universities or teaching centers does not significantly “valid” the technology. That’s because the launch, or introduction, of numerous blockchain-related initial coin offerings (ICOs) did not directly give credibility or validity to the distributed ledger.
In fact, the ICO is fast connected with a large number of scams. This does not mean that the academic curriculum designed to help people understand cryptocurrencies and blockchain techniques will not be able to contribute to authorizing blockchain technology.
Computer science professor Emin Gün Sirer has both a powerful educational and professional experience in both DLT based assets. Dr. Serer also teaches at Cornell University, which gives many options associated with studying blockchain related technologies.
Strong Professional & Academic Background
NYU professor Dr. David Yarmack is a popular commentator and contributor to MarketWatch, a successful financial information website. As covered on bitfire.news, Dr. Yermack had argued that Bitcoin (BTC) was not created directly as a response to the 2008 global financial crisis.
At Cornell and NYU, there’s “presence” of blockchain-related courses and they’re being taught by a group of staff members that have also established working relationships with the actual blockchain industry.
Often, the faculty is criticized in universities because “real world” is not experienced. It can also be applied to those who are educating others about Blockchain technology. When more courses are taught by people with appropriate professional and academic backgrounds, the relationship between the academic and blockchain industry can actually be developed and strengthened.