Stanford University might quickly give you cutting-edge blockchain innovation by way of a brand new $4.5 million partnership with Cardano (ADA) developer Input Output Global (IOG).
The firm will fund a so-called Blockchain Research Hub on the college over three years, with an eight-person steering committee, comprised of six Stanford professors and two IOG officers, figuring out the workload.
Proposals are open to school, undergraduate and graduate college students.
Charles Hoskinson, IOG CEO, says that the funding will quicken the evolution of blockchain know-how.
“We’ve been dedicated to vigorous research since the inception of the business and our work forms the foundations on which Cardano has been built. Working with leading academic institutions like Stanford to set up these blockchain research hubs is key to our vision. With the Research Hub, blockchain development can grow even faster, based on the new learnings that will emerge, and the hub will add a new layer of validity to our sector that we haven’t always been afforded.”
The steering committee is being chaired by Stanford engineering professor David Tse.
“The Research Hub will be a significant boost to enhance the interest in both fundamental and applied blockchain research at Stanford.”
The first spherical of proposals for funding are due by November.
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