varna - Varna University of Management Offers Bitcoin Scholarships

Varna University of Management Offers Bitcoin Scholarships

Universities do not only support Bitcoin and cryptocurrencies if they add a blockchain courses. Varna University of Management (VUM), has announced that it will offer Bitcoin scholarships for ten engineering bachelor’s degree applicants.

Bitcoin Expands at the University Level

At UseTheBitcoin we have covered different times how different Universities and educational institutions started to offer several blockchain courses and incentives in cryptocurrencies. At VUM, students will be able to receive a scholarship fund for €1000 but in Bitcoins.

“The Varna University of Management is pleased to announce that ten applicants for Software Engineering bachelor’s programme will now have the opportunity to earn Bitcoin scholarships, starting from Fall 2018 semester,” communicated the School.

In October, we have covered how an Australian University was developing a blockchain loyalty program with LoyaltyX to offer different rewards to their students. The program started on October the 6th and lasted until November the 20th. Every 10 transactions, students received $5 Australian Dollars worth of Ether. Besides that, the students could withdraw ETH to their own wallets.

Universities as the Places to Promote Blockchain and Cryptocurrencies

Universities are great places to connect students with the technologies that will revolutionize the world. VUM will be able to accept Bitcoin payments for tuition and accommodation fees. Furthermore, the University will add different modules that cover digital assets and blockchain technology. Students from the bachelor’s degree in software engineering will be able to learn from them.

“We strongly believe that cryptocurrency is an inevitable technical development that will lead to significant innovation in all aspects of our lives – VUM is an innovative and future-oriented university. Endorsing and integrating Bitcoin is a rational choice for us. We are always interested in delivering disruptive technologies in our IT and business programmes and cryptocurrency is definitely one of them,” explained the University.

The Varna University of Management is one of several universities working with this new technology. On the list we can find different Schools in the United States, the University of Nicosia, or the University Business School ESMT Berlin.