"Today, Ripple Labs announced that it is partnering with 17 universities to launch a research initiative program designed to advance the industry. Titled the University Blockchain Research Initiative (UBRI), Ripple is donating $50 million USD (over $64 million CAD) to support blockchain research and innovation.
Ripple aims to grow the blockchain industry
According to a blog post from the Ripple team, the UBRI aims to accelerate academic research, technical development, and innovation in the blockchain industry. "
https://discover.coinsquare.io/digital-currency/ripple-blockchain-research-50-million-donation/Love or hate Ripple, I think this is a very generous move that is not only good for all things crypto, but for education in general and blockchain as well.
Real classy move.
What do you think?
This is just hilarious move from ripple. I have seen people saying about teaching blockchain in universities. But ripple's move to fund research to somehow improve the blockchain technology is just super. I bet this would probably boost ripple's popularity and attract more investors.