New York University: 1st to introduce Major in Blockchain Technology
Observing the craze In cryptocurrency and blockchain, especially in young things and students, universities have started including crypto as a subject. But, interestingly New York University (NYU) is going start a major in blockchain technology for students.
Now that the university is already running crypto based courses, it has acquired to introduce the major in Blockchain Technology. With this development in place, Professor Andrew Hinkes profusely says that “We hope to establish a groundwork so that the students can understand what’s really happening under the hood, so that they can understand both the legal and the business implications, and prepare them to go out and tackle this new market.”
On that note, professor Andrew Hinkes shared his views by saying, “We hope to establish a groundwork so that the students can understand what’s really happening under the hood, so that they can understand both the legal and the business implications, and prepare them to go out and tackle this new market.”
Amid that, associate professor Kathleen Derose commented on this. She said that “the educational establishment is expecting large companies to partner within the training program, while the startups in [fintech] will likely invent the new cool stuff.”
Additionally, while looking at the growing numbers of students who are fascinated by the new offer, NYU has doubled its course offerings, in this academic year. From a digital currency exchange platform, that is Coinbase, Adam White opined that “students see the development, the birth of a new industry” he also added that “in many ways, we look at things like Bitcoin (BTC) and Ethereum (ETH) and blockchain as the internet 3.0.”
According to reports, Coinbase revealed that, as compared to other countries, courses related to Crypto and blockchain technologies are tremendously in demand in the U.S. In fact, it also shows that, last month, 42 percent of the world’s top 50 universities have at least one class on cryptocurrencies and blockchain. 15 percent of the 172 classes were offered by economics along with finance, law and business departments, also 4 percent were in social science departments, shown in the Coinbase study.
U.S. students are not only focused on educational programs of crypto and blockchain but also are investing in the same. A Student Loan Report’s study in March indicates that, In the hope of hike in the price of crypto investment, 21.2 percent of college students used loan money to fund a digital investment. So that, it would help pay their debts faster.
Looks like quite a large amount of people especially students are intriguingly interested in the digital currency that, it will result in a massive transition in all sectors including education world !!