Ethereum (ETH) Co-Founder Vitalik Buterin, Doctorate honoris causa from the University of Basel


Yesterday, Friday, November 30, 2018, the University of Basel held its 558th annual Dies Academicus ceremony. Founded in 1460, the University hosts this event to honor various deserving people for their contributions to the academic world and society. Honorary doctors have also been nominated recipients of the prizes of this year. The winners during the ceremony of this year were as follows:

  • Co-founder of Ethereum, Vitalik Buterin
  • Founder of the hospice, Verena Grether
  • Medical engineer, Robert Riener
  • Federal judge, Thomas Stadelmann
  • Neuroscientist, Thomas R. Insel
  • Theologian, Hans-Martin Barth
  • Illustrator, Armin Coray
  • Economist, Beatrice Weder di Mauro, who was also awarded the Alumni Prize

Honored young Vitalik

At just 24, Vitalik Buterin received an honorary doctorate from the Faculty of Economics and Business of the University. According to the University of Basel, he received the honor for the following reasons.

[Vitalik Buterin] has received the honor in recognition of its contribution to the promotion of decentralization and equal rights of participation in the digital revolution, as well as its results in relation to cryptocurrencies, smart contracts and institutional design.

The co-founder and inventor of "Ethereum" – a decentralized platform based on blockchain technology – wrote his scientific publications without an academic degree or ties to a university.

Vitalik has come down to pursue his dreams

Of particular importance is that in 2014 Vitalik abandoned the University of Waterloo to pursue his dreams in technology. Before leaving, Buterin received the two-year Thiel Fellowship award that awards $ 100,000 to 20 promising innovators under the age of 20 so that they can pursue their inventions instead of university education.

Born in Russia and raised in Toronto, Vitalik had this to say in 2014 to abandon.

In reality it was scary. I was quite worried that if I stopped learning and following the same path, I would have stayed behind and did not know certain essential things.

What do you think of the co-founder of Ethereum, Vitalik Buterin, who received an honorary doctorate for his contributions to blockchain, cryptocurrencies and smart contracts? Let us know in the comments section below.

[Photo courtesy of the University of Basel]

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