University of Oregon Receives $1 Million to Study Cryptocurrency

Written by:
Guest
Published on:
Jun/10/2018

EUGENE, Ore. (Associated Press) -- Global cryptocurrency company Ripple will give $1 million in real money to the University of Oregon to support the study of the digital payment industry.

The Register-Guard newspaper of Eugene reports San Francisco-based Ripple will give the university the money in a five-year agreement. The university is among 17 to receive funding from the company, which is donating more than $50 million in all. Ripple will also provide technical support and resources.

Uuniversity of Oregon Provost Jayanth Banavar says the university feels very fortunate and that the money will help in improve its efforts in this area.

The newspaper says Ripple's donation will support a new program on cryptocurrency, blockchain and cybersecurity in its computer and information science department.
Cryptocurrencies, like Bitcoin, are currencies that only exist digitally.

Business/Financial News

PricePerPlayer Puts More Dollars in Your Pocket as a Bookie

The primary reason that someone goes into business is to make a profit selling a product or service. The main reason why so many people fail at accomplishing this goal is the lack of having the proper business tools to turn their dream into a reality. 

'Bitcoin Jesus' Fights Extradition Back to US

“They don’t like me, and they don’t like my political views, and they just came at me every which way,” Ver told Bloomberg News in an exclusive interview in late October.

Syndicate

Subscribe to Syndicate
More