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Russian University and Bitfury To Launch Blockchain Accelerator

· 06 Dec 2018 in Cryptocurrency News
Basil has three years of freelance experience writing on disruptive technologies. He focuses on breaking news and education pieces; helping to spread the gospel of Blockchain. He hopes to have his own blockchain company one day; helping the world through its innovative ledger technology. https://twitter.com/basil_kimathi

Plekhanov Russian University and Bitfury have entered into a partnership that will see the two develop a blockchain accelerator program.

The Russian university will, apart from playing a supportive role, offer courses and training that will enable the creation of “innovative projects using digital technologies in a short time,” noted Dmitry Ufaev, Bitfury Russia’s team leader. The program is created to offer training to leaders of the digital economy.

The Aim Of The Project

The project will be supported by the Ministry of Digital Development, Communications and Mass Media in Russia. According to an official in the ministry, the project by Bitfury and the Russian university is in the best interests of large corporations and public institutions which are striving to keep up with the fast-paced technology sector.

Ufaev added:

“The development of a new digital economy and blockchain technologies is impossible without quality education and the training of new personnel.”

Anton Privezentsev, the Director of Coordination Center of the Intergovernmental Commission on Cooperation in the Field of Computing Machinery, said that the development of new technologies would act as a strategic point of ‘growth and drivers of the economy.’

In the past, leading institutions of higher learning have added blockchain and cryptocurrency related courses. Recently, Coinbase found that 42 percent of the top fifty universities have at least one crypto-related course.

Also, Sumitomo Mitsui, a leading banking institution in Japan, led other companies in donating $800,000 to support blockchain courses at Tokyo University.

In Gibraltar, the government is reportedly joining hands with top technology companies to support the development of blockchain-focused courses at the University of Gibraltar. The developments are being held under the banner, ‘New Technologies in Education.’

Korelya Capital, a venture capital fund based in Europe, Mike Novogratz, and other international investors, led Bitfury in raising $80 million.

Bitfury is a company championing development across various sectors. It has added a former United States Securities and Exchange Commission member to its board of advisors.

Also, Antoine Dresch, an investment banker has been added to the company’s board of directors.

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