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Colleges are quick to embrace the uncertain future of Blockchain

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Blockchain has become an ubiquitous keyword in economic circles, but what are its implications for higher education?

A decentralized ledger, useful for storing data securely, experts predict that blockchain technology will automate many activities and continue the banking system, health care and education. Buzz aside, for true believers, there is nothing that the blockchain can not do. & nbsp; Blockchain technology is now in use keep track of the products from farm-to-store, finance journalism, absent scrutinies in elections and more. Blockchain fans believe it's the answer to pretty much everything: poverty, cancer, copyright management, consumer information protection, archiving of academic articles, etc. Both governments and societies are intrigued by its potential.

With blockchain required, so are the university courses that teach the subject.

Top And reported that Columbia University and Stanford University have opened blockchain research centers this summer, following the guidance of the Massachusetts Institute of Technology. These schools have joined other higher education institutions that have started teaching technology courses, including Miami University in Ohio, Montclair State University and the University of Pennsylvania, among others.

"There is a growing interest of students", law firms of the University of Pennsylvania and a professor of business ethics Kevin Werbach told CNBC. "They are seeing opportunities with companies that want students to work in this area, which include both blockchain-focused startups and large corporations. [School of the University of Pennsylvania] send people to all Fortune 500 companies and investment banks and technology companies. A high percentage of those leading companies now has blockchain or distributed ledger projects, and they are looking for experience in that area. "

As companies deepen the blockchain, talents will be needed to lead the way. Already Glassdoor.com lists & nbsp;more than 2,700 jobs& nbsp; work related to blockchain. But even for colleges, teaching blockchain can be a challenge.

Around since 2008, blockchain is probably best known for being the driving technology behind cryptocurrencies like Bitcoin. As such, ten-year technology has begun to take hold as an in-demand course in recent years. While the blockchain emerges, universities have introduced them into computer programs, but the challenges remain in teaching technology that has only been accepted by academics in recent years.

"Blockchain as technology requires that you first understand a bunch of other things: cryptography, distributed systems, operating systems", Andrew Myers, professor of computer science at Cornell University, said The Hechinger Report. "Before you know it, you have a fairly long chain of prerequisites: to really teach a full-blown blockchain course, you need textbooks, and a lot of this knowledge has not been distilled into a form that allows you to really teach a good university course again. "

As the blockchain enters computer programs and penetrates the broader academic world, as a solution to everything that affects higher education, educators are acclaiming its potential and arousing skepticism about it.

"If your university is not equipped to introduce courses and concepts based on the application and potential of the blockchain, now is the time to get started – your students will be waiting for it." Blockchain presents a rare opportunity for differentiation, rather than 39; latest fashion ", Daniel Pianko, managing director of the University Ventures higher education investment company, wrote for Inside Higher Ed. He added that in addition to stimulating job growth, the blockchain has the potential to create research opportunities, improve accountability measures and revolutionize record retention, such as "the death knell for transcription in relief".

In a confusion published on Inside Higher Ed, Jonathan A. Poritz, a professor of mathematics and physics and interim director and data analyst at the Colorado State University-Pueblo Center for Teaching and Learning, has urged patience on the blockchain technology, putting the universities are on guard not to rush towards the construction of a work force for a technology that still has many questions surrounding it as it marches towards an unknown future.

"There are very many job opportunities for employees with blockchain skills, as Pianko pointed out, but it would be a mistake to conclude that we in higher education should build programs to meet the needs of these workers. The Netherlands in the early 1630s had put pressure on the University of Leiden (founded some 50 years earlier) to produce more skilled tulip agronomists, it would have been a serious mistake to adhere to this pressure.Yes, in the tulip markets c & # 39. It was a lot of financial turmoil, but it would have been foolish for an institution with long-term intentions to get trapped in that mess. " Portiz wrote.

While it is likely that the labor market will continue to grow, that universities will have to fill, even those already invested in caution blockchain against the counting of technology as a solution for practically everything.

"Blockchain is not this magic thing that dusts off the blockchain dust for a problem," Jimmy Song, a member of Blockchain Capital, he said at a cryptocurrency conference this summer as reported by WIRED.

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Blockchain has become an ubiquitous keyword in economic circles, but what are its implications for higher education?

A decentralized ledger, useful for storing data securely, experts predict that blockchain technology will automate many activities, and drive banking, health and education down. Buzz aside, for true believers, there is nothing that the blockchain can not do. Blockchain technology is now used to track farm-to-store products, finance journalism, cast absent votes in elections, and more. Blockchain enthusiasts believe it is the answer to practically everything: poverty, cancer, author rights management, consumer information protection, archiving of academic articles, etc. Both governments and corporations are intrigued by its potential.

With blockchain required, so are the university courses that teach the subject.

Inside Higher Ed reported that both Columbia University and Stanford University have opened blockchain research centers this summer, following the guidance of the Massachusetts Institute of Technology. These schools have joined other higher education institutions that have started teaching technology courses, including Miami University in Ohio, Montclair State University and the University of Pennsylvania, among others.

"There's a growing interest in students," the University of Pennsylvania professor of economics and Kevin Werbach told CNBC. "They are seeing opportunities with companies that want students to work in this area, which include both blockchain-focused startups and large corporations. [School of the University of Pennsylvania] send people to all Fortune 500 companies and investment banks and technology companies. A high percentage of those leading companies now has blockchain or distributed ledger projects, and they are looking for experience in that area. "

As companies deepen the blockchain, talents will be needed to lead the way. Already Glassdoor.com lists more than 2,700 blockchain related works. But even for colleges, teaching blockchain can be a challenge.

Around 2008, blockchain is probably best known for being the technology behind cryptocurrencies like Bitcoin. As such, ten-year technology has begun to take hold as an in-demand course in recent years. While the blockchain emerges, universities have introduced them into computer programs, but the challenges remain in teaching technology that has only been accepted by academics in recent years.

"Blockchain as a technology requires that you understand a lot of other things first: cryptography, distributed systems, operating systems," said Andrew Myers, professor of computer science at Cornell University, at The Hechinger Report. "Before you know it, you have a fairly long chain of prerequisites: to really teach a full-blown blockchain course, you need textbooks, and a lot of this knowledge has not been distilled into a form that allows you to really teach a good university course again. "

As the blockchain enters computer programs and penetrates the broader academic world, as a solution to everything that affects higher education, educators are acclaiming its potential and arousing skepticism about it.

"If your university is not equipped to introduce courses and concepts based on the application and potential of the blockchain, now is the time to get started and your students will be waiting for it." Blockchain presents a rare opportunity for differentiation, more , last fashion, "said Daniel Pianko, managing director of the University Ventures higher education investment company, for Inside Higher Ed. He added that in addition to stimulating job growth, the blockchain has the potential to create opportunities. research, improve accountability measures and revolutionize the conservation of registers, such as "the death knell for transcription in relief".

In a confusion published on Inside Higher Ed, Jonathan A. Poritz, a professor of mathematics and physics and interim director and data analyst at the Colorado State University-Pueblo Center for Teaching and Learning, has urged patience on the blockchain technology, putting the universities are on guard not to rush towards the construction of a work force for a technology that still has many questions surrounding it as it marches towards an unknown future.

"There are very many job opportunities for employees with blockchain skills, as Pianko pointed out, but it would be a mistake to conclude that we in higher education should build programs to meet the needs of these workers. The Netherlands in the early 1630s had put pressure on the University of Leiden (founded some 50 years earlier) to produce more skilled tulip agronomists, it would have been a serious mistake to adhere to this pressure.Yes, in the tulip markets c & # 39. It was a lot of financial turmoil, but it would have been foolish for an institution with long-term intentions to get trapped in that mess, "wrote Portiz.

While it is likely that the labor market will continue to grow, that universities will have to fill, even those already invested in caution blockchain against the counting of technology as a solution for practically everything.

"Blockchain is not this magical thing that dusts off the blockchain dust for a problem," said Blockchain Capital's partner Jimmy Song, at a conference on the cryptocurrency this summer, as reported by WIRED.

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