Ripple offers a multi-million dollar scholarship to a research organization

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Berkely Haas, a growing business school under the University of California, received a multi-million dollar grant from the Ripple & # 39; s University of Blockchain Research initiative in an effort to promote a blockchain research program .

It is worth noting that Ripple is a growing company in the emerging blockchain industry and is also a mega new-era cross-border settlement company. The research program was aimed at supporting research, courses and student activities in the blockchain, cryptocurrency and digital payments sectors.

In addition, the business school in Haas is a beneficiary of the Ripple grant and now invokes several offers from individuals with suitable innovations in the school.

A letter from the Institute for Business and Social Impact (IBSI) provided vital information on the offer and what the grant will offer when it comes to research and students in the blockchain sector.

The letter also indicated that during the research would be included critical courses such as engineering, law and others in the school. In addition, the grant offered by Ripple will be used to finance faculty, research processes and other related events on the Berkley-Hass campus.

Subsequently, IBSI aims to grant grants to academic activities that include, blockchain and distribution systems, cryptocurrency and digital payments and cryptography. In addition, it refers to the aforementioned topics related topics such as blockchain for economic development and the overall financial inclusion will also be considered.

The letter also indicates that funds are available for the faculty to support their research, teaching, curriculum, development, case studies, interevolational collaboration, thought leadership and other research activities in the mentioned thematic areas.

In addition, the letter stated that the institute would support a university research program for a maximum university research program of $ 5,000 for a maximum of $ 3,000. In search of the Faculty a maximum of $ 15,000 will be awarded.

The various research fields must be based on Ripple's Blockchain on smart contracts, regulatory issues and technical aspects of XRP's ledger.

It was also argued that, in exceptional circumstances, IBSI would finance the research beyond the declared maximum levels and that, if there was a need for additional funding, the amount needed should be indicated. It is also essential to note that funding projects will start between 1 January and 30 June 2019; Student research projects must be completed within one year from the start date.

Overview of Ripple's current XRP market

Ripple's XRP is one of the best digital assets available on the market so far. It's not just another virtual currency, the company's blockchain helps banks connect to another payment service provider through RippleNet to provide a frictionless experience when sending and receiving money.

That said, his token, XRP, seems to stay strong in the crypted space despite all the others being beaten. At the time of writing, XRP is trading at $ 0.495 and is 3% red (the bitcoin is down more than 9% and Ethereum is over 12% red in the last 24 hours).

In the last week (from November 10 to November 17), the cryptocurrency gained 0.77%. Its 24 hour high is $ 0.50 but has a minimum of $ 0.47. The digital asset now occupies the second position with a $ 19.5 billion market cap, thus exceeding $ 4 billion Ethereum.

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Disclaimer: this article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and / or its affiliates, employees, writers and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own in-depth research before investing in any cryptocurrency and read our full disclaimer.

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