Educational project Ripple, Blockchain University Research Initiative (UBRI), and the University of Texas at Austin have begun to promote new research programs. Prospective research topics will be divided into three main areas: IoT technologies, machine learning and artificial intelligence; however, UBRI supports any research initiatives related to Baccano.

The representative of the UBRI at the University, Professor Cesare Fracassi (Cesare Fracassi) spoke in detail about the main goal of the project Ripple is to attract the attention of the scientific community in the field of blockchain technology. He himself, according to representatives of the Ripple, considered to be the priority audience are not scientists, and students:

“Fracassi convinced that the program UBRI THAT Austin should be focused on the further development of the blockchain as a consequence of teaching students the basics of this technology and potential applications […] to better distinguish the hype from the real situation. He argues that, as scientists, University professors are not busy maintaining the business and, as a consequence, are able to more critically assess the state of the industry”.

In partnership Ripple gave the University a special grant of $2 million. The funds allocated by the company, will be spent on additional resources needed for research, the implementation of the curriculum and raising awareness in the scientific community.

Activities UBRI THAT in Austin, as well as other partner universities, as outlined in the instructions of the project:

  1. Cooperation in research and development of technical solutions with the aim of increasing awareness and the number of innovative projects in the field of blockchain technology.
  2. The development of a new curriculum, meets the high demand among students and covering the blockchain, cryptocurrencies and other aspects of Finance.
  3. Promote the exchange of ideas and dialogue among students, faculty, developers and entrepreneurs on topics of interest [in the context of the blockchain].

It is possible that Ripple is also hoping to attract future students new programs to your ambitious projects. Just this month, the company began to transfer clients to the updated system xCurrent, and also declared intention to create “external payment layer of the Internet” and to displace SWIFT from the banking sector.