The University of Basel (Switzerland) awarded Vitalik Buterin the honorary degree of doctor of science for his contribution to the development of blockchain technology. The official ceremony was held today in the framework of the annual celebration in honor of the founding of the University.

In an official letter to the University administration Buterin described as “extraordinarily inventive and innovative thinking person, who played a crucial role in the current digital revolution”, and his first article about Ethereum was named “breakthrough of decentralized software.”

Dekat faculty of Economics and business University, Professor Alexander Berentsen (Alexander Berentsen), joined the praise for the Creator of Ethereum. His Department is particularly interested in the work Balerina in connection with common research interests in the areas of game theory and economic leverage and control. Berentsen, said:

“Vitalik innovative ideas in the field of blockchain technology fundamentally change everything. He bases necessary for the development and collaboration of science and industry.”

He Buterin in his response acne Buterin noted the special status of Switzerland as one of the main industrial centers:

“It is a great honor for me to receive an honorary doctorate of science, University of Basel, the oldest University of Switzerland. Switzerland is widely known for its cutting-edge research in the field of blockchain”.

Currently Buterin and other leading developers of Ethereum are working on a plan to accelerate the development of network called “Ethereum 1x”. For nadterechnoi information, key updates provided in the new road map relate to the Ethereum virtual machine (EVM) and cost reduction for maintenance of smart contracts.