Home / Blockchain / Giant Japanese banking, others donate $ 800K for the Blockchain course at the University of Tokyo

Giant Japanese banking, others donate $ 800K for the Blockchain course at the University of Tokyo

The University of Tokyo will launch a blockchain course following a donation of nearly $ 800,000 from several companies, including the Japanese banking giant Sumitomo Mitsui (SMBC) and the Ethereum Foundation, according to Cointelegraph Japan November 21st.

In a press release dated November 20, SMBC lists five other contributors, in addition to themselves and the Ethereum Foundation, who contributed to the donation: Good Luck 3, JSS, Zipper, Hotto link and Money Forward. The banking group does not disclose details of the 90 million yen donation, nor has it revealed the main contributor.

According to the press release, the training course, dubbed "Blockсhain Innovation Donation Course", will last three years in Tokyo University's engineering school: starting on November 1st 2018, it will last until 31st. October, 2021.

The course was developed for students who aim to become blockchain-related entrepreneurs. It focuses on the development of decentralized solutions, their social implementation and human resources. The module will combine lessons and practice, such as the creation of a service of information and communication technologies (ICT) or the development of a blockchain-driven business model.

As Cointelegraph has often reported, blockchain is interesting for many universities all over the world. According to a recent study by Coinbase, 42 percent of the world's top 50 universities offer at least one cryptography lesson, while blockchain classes enjoy the most popularity at Stanford and Cornell in the United States.

More recently, several blockchain courses have been launched from the University of Gibraltar, New York University and the German Frankfurt School.

The Ethereum Foundation, a non-profit organization launched to support projects on the Ethereum blockchain, announced the fourth wave of its grants to 20 different individuals and entities in mid-October. The total premium amount exceeded $ 3 million, with the largest $ 500,000 grants to Prysmatic Labs and Status, both working on the Ethereum 2.0 ecosystem announced for the first time by the founder Vitalik Buterin in November 2017.

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