In the most recent years of cryptocurrency growth, one particular trend observed in academia is the uptick in blockchain-related courses and increased student participation in crypto activities.
It can be described as perhaps an improvement when it comes to crypto adoption, with Coinbase recently publishing a report of a survey carried out by Qriously which partly assessed the overall crypto sentiment among university students. And not surprisingly, the developing trends in cryptocurrency adoption – in whichever form – be it economics, political, social or even in technical aspects, have grown on students and rallied an unwavering enthusiasm towards crypto learning. The survey reports:
“Among students, distrust in the current financial system is feeding an increasing curiosity around crypto, and it cuts across disciplines.”
Being a center for knowledge seekers, the university grounds provides an unlimited opportunity for like minds to brace forward-thinking concepts, and launch towards the expanding frontiers of innovation. And luckily, most universities are not elusive to the intellectual escapade of blockchain technology despite numerous uncertainties within the industry such as regulation. In fact, such uncertainties have proven to spark curiosity in the first place.
According to the report: “Stanford Law students taking ‘Blockchain and Cryptocurrencies: Law, Economics, Business, and Policy’ study legal and regulatory structures with a particular emphasis on ‘securities regulation’… Sociology undergrads at Stanford are exploring the potential for blockchain to create a fairer economic system in a class called ‘Justice + Poverty Innovation’.”
And even though the “blockchain fad”, as many anti-crypto factions would casually dismiss, appears to be overly hyped or speculative at best, the unraveling potentials far outweigh what most academicians have seen in a long time. As Dawn Song, a computer science professor at the University of California Berkeley, puts it:
“The blockchain domain’s interdisciplinary nature makes it very different from any traditional field.”
Compared to Coinbase’s inaugural 2018 report on higher education, a 14% rise in the adoption of crypto-related subjects among the top 50 universities in the world does prove that the concepts of blockchain technology continue to spread like wildfire and can only draw more attention from the masses.
Many of these blockchain initiatives within universities have rallied support from across the globe. The good thing about most of these educative initiatives is that one doesn’t need to be physically present to take a blockchain or crypto-related course as most of these courses are offered online. Oftentimes, some of these initiatives come with amazing scholarships, as have been seen in the University of Malta and the Fudan University in China, among many others who aim to support blockchain education.
A forward-looking approach to the uptick in crypto-related education can as well impact job creation in the nascent field, as more competent and well-versed developers, crypto-economics strategists, specialized legal officers can help chart a better course into the uncharted territories of blockchain enterprise.
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