Students in the U.S. can now study blockchain and digital currencies.
As reported by CBS New York on September 18, New York University (NYU) is going to be the first university in the States to offer students a whole new major – blockchain technology.
NYU Stern School of Business, which was also a precursor in offering undergraduate studies in cryptocurrency and blockchain, will provide the program. Professor Andrew Hinkes uttered his thoughts about the program:
“We hope to establish a groundwork so that the students can understand what’s really happening under the hood, so that they can understand both the legal and the business implications and prepare them to go out and tackle this new market.”
As stated by an associate professor, Kathleen Derose, the educational institution is assuming high-profile companies to partner within the preparation program, while “the startups in [fintech] will likely invent the new cool stuff.” Since the number of new blockchain technology major interested students growing every day, NYU doubled its program offerings.
Adam White from Coinbase said that students “see the development, the birth of a new industry,” continuing that “in many ways, we look at things like Bitcoin (BTC) and Ethereum (ETH) and blockchain as the internet 3.0.”
According to a study, released last month by Coinbase, it shows that 42% of the world’s top 50 universities already submit minimum one class on blockchain and digital currencies. 172 classes examined in Coinbase’s study and have been discovered that 15% of classes were offered by finance, economics, law, and business departments, while 4% were in social science departments. The study has also concluded that crypto and blockchain associated classes are very popular among the students in the States than in other countries.
Another study by Student Loan Report in March showed that U.S. students are not only interested in crypto and blockchain for a university major, but also, they are interested in digital currency investments. Additionally, 21.2% of college students have used their loan money to finance a crypto investment, wishing that those cryptocurrency market prices would increase. Thus, they can pay their student debts faster and graduate debt-free.
Author: Berna Bayindir
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