Professors say that the technology behind bitcoin has become so popular, the initial course has been forced out of the classroom and in an auditorium.
New York Recently, the university has doubled the number of courses offered on blockchain technology and students can now pursue topic as a first level degree.
The NYU Stern School of Business says it has expanded the program to meet the growing student demand after offering its first blockchain course in 2014. Blockchain is a distributed recording technology made famous through the popularity of bitcoin cryptocurrencies.
"We hope to establish a basic work so that students can understand what is really happening under the hood, so that they can understand both the legal and business implications and prepare them to go out and tackle this new market," he said Professor Andrew Hinkes from
Administrators say they expect large companies to collaborate with the program, interested in new innovations in space.
According to the school, it is the first major blockchain offered in the country, although other universities – such as Virginia Tech – also offer blockchain-centric curricula.
42% of the world's top 50 universities have at least one class on cryptocurrencies, according to survey data released last month by the popular Coinbase cryptocurrency exchange.
David Yermack, president of the NYU finance department, says that when 2014 was offered the first college course on blockchain and financial services, only 35 students enrolled, a figure that has risen to 230 students by spring in 2018, forcing the school to move the class into an auditorium and start offering it both semesters.
Not just a subject taught in universities, technology is now also used by the schools themselves. Southern New Hampshire University announced a pilot program at the start of this year that would allow graduates to receive proof of their diplomas and certificates via blockchain. Rather than replacing paper credentials, the pilot blockchain is proposed as a secure portable supplement, easily shared on social media.