New York University has become the first college in the United States to offer a cryptocurrency and blockchain major. This is a milestone for Bitcoin, crypto, and blockchain, especially considering this technology was non-existent only ten years ago. The crypto and blockchain major will be offered by the Stern School of Business.

Adjunct Professor Andrew Hinkes says, “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.”

Apparently, New York University had already been offering crypto and blockchain classes, and the room became so filled that they had to move to a bigger room. According to David Yermack, the New York University Finance Department Chair, even alumni are coming back to school to take crypto and blockchain courses. Yermack says, “There are a few people who graduated some years ago but have come back to sit in on this just because of the novelty and the edginess of the topic.”

Being the first to offer crypto and blockchain courses, and now the first to offer a major, its students can get a real degree in crypto and blockchain for the first time from an accredited institution. However, many other universities like Stanford and Cornell offer crypto and blockchain courses. In fact, over 40% of the world’s top 50 universities offer courses in crypto and blockchain.

Perhaps this is not surprising, since the rapid expansion of the crypto and blockchain field has made it one of the most lucrative business sectors, and one of the best when it comes to jobs. Blockchain jobs are considered the best job in the United States according to the Upworks Skills Index, and in Asia crypto and blockchain jobs are up 50% since 2017.

In an economy where most fields are stagnating, crypto and blockchain are booming, so it is inevitable that crypto and blockchain becomes a common major at universities. New York University was ahead of the game when they offered the first crypto and blockchain courses, and once again they are setting the trend with the first crypto and blockchain major.

 

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