Tokyo University’s Blockchain Course Gets $800K in Donations

We’re about to step into 2019 and blockchain tech is still very much here, which makes it safe to say that it wasn’t just fad and it is here to stay. And as more and more people are realizing this around, we can see a global shift in different sectors of the industry; be it finance, business, food, entertainment, education etc. And this shift is imperative for industries in order to stay relevant in the changing times.

The University of Tokyo is stepping on the blockchain wagon by announcing the launch of a blockchain course. And behind Tokyo University’s dive in the future, are donations worth a jaw-dropping amount of nearly $800,000. This is courtesy of several companies, which also includes Sumitomo Mitsui (SMBC), the Japanese banking giant and the Ethereum Foundation.

In the press release of Nov 20, the SMBC revealed a list of 5 more contributors in addition to itself and the Ethereum foundation, which are, Good Luck 3, JSS, Zipper, Hotto link, and Money Forward. However the generous contributor behind the major chunk of the contribution remains unknown, as the banking group did not disclose details of the whooping 90 million Yen donation.

The Blockchain Innovation Donation Course

As per the press release the new course is dubbed as the Blockchain Innovation Donation Course and is being offered in the graduate school of engineering in the University of Tokyo. The duration of the course will be three years, commenced on November 1st 2018, and will run till the October of 2021.

The course is aiming to cater to students who are interested in becoming blockchain-related entrepreneurs and it will focus on the areas of developing decentralized solutions, their social implementation, and human resources.

The model of the course will combine the theoretical and practical by striking a balance between lectures and practice. The establishing of an information and communications technologies (ICT) service or the developing of a blockchain-driven business model, for example.

Blockchain’s Impact on Other Universities

A rough estimate of 42% of the world’s top 50 universities are offering at the very least one crypt-related class. On the other hand blockchain related courses are rather famous at the esteemed Stanford and Cornell in the US. Further adding to that list, are University of Gibraltar, New York University and German Frankfurt School, where several blockchain-related courses have been launched in recent times.

It seems as if its only a matter of time when universities around the world will offer majors in blockchain and crypto. Till then stay tuned to BlockPublisher.

Abeer Anwaar

Abeer holds a Bachelors degree in Media studies and covers blockchain startups for BlockPublisher. An optimist, excels in the art of the written word and swears by the joy of all things sweet. Contact the editor at editor.startups@blockpublisher.com

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