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Home » Turkish University Sets up Blockchain Hub at Boston’s Northeastern University

Turkish University Sets up Blockchain Hub at Boston’s Northeastern University

Kelly Cromley by Kelly Cromley
May 8, 2019
in Market News, News
Reading Time: 2 mins read
0

According to news Daily Sabah, Turkish Bahçeşehir University (BAU) has introduced a blockchain hub at Boston’s Northeastern University (NEU), a major university on new-generation networks. This has arrived a year after setting up Turkey’s first university-based blockchain center, BlockchainIST.

Bahçeşehir University (BAU) has now inaugurated a blockchain hub at the Boston’s Northeastern University. Besides informational assistance, the BAU–NEU Blockchain Laboratory aims to apply for funding in the United States, the European Union and Turkey, thereby improving Turkey’s participation in the blockchain industry and attracting experts in the sector.

Commenting on the collaboration, BAU Board Chair Enver Yücel said he also wanted to begin blockchain-related master and phd education programs in collaboration with the Turkish Exporter’s Assembly.

Pointing out that they spent eight months on the freshly launched facility overtime, Bora Erdamar, director of BAU’s BlockchainIST Center, said blockchain innovation would fit in the notion of confidence, which is widely perceived to spark disagreements.

“[Blockchain] will directly change all sectors from logistics to trade, from education to health, from energy to agriculture where we need to keep our products and people’s information in a safe environment.”

Blockchain technology picked up steam in educational arena Recently, two South Korean colleges, Yonsei University and Pohang University of Science and Technology, partnered to create a whole Blockchain Campus with their own cryptocurrency. Within the endeavor, a student-centered venture intends to boost every day cryptocurrency use.

In February, the Indian Management Institute (IIM) Calcutta and coaching platform TalentSpirit started collectively providing a sophisticated fintech and blockchain technology program. The program is supposedly targeting management and finance experts who wish to teach respondents on progress in financial technology and its prospective impact on banking and financial ecosystems.

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