Golden Finance reports that according to Cointelegraph, Ripple, a significant player in the blockchain payment infrastructure field, has recently taken another major move in promoting blockchain education. Ripple announced that it will invest an additional 5 million US dollars in six countries in the Asia-Pacific region through its University Blockchain Research Initiative (UBRI), aiming to further deepen blockchain education and research in the region.
Since its launch in June 2018, Ripple’s university blockchain research program has had a wide impact globally. The program initially committed to investing over 50 million US dollars and established partnerships with 17 universities worldwide, dedicated to promoting the vigorous development of the blockchain technology ecosystem. With the strong support of this plan, many participating universities have actively engaged in blockchain-related research, course development and academic exchange activities, cultivating a large number of professional talents for the blockchain field. For example, in North America, Ripple has joined hands with the University of Toronto to support the university in operating an independent XRP ledger validator. In Europe, it has collaborated with 14 universities including Trinity College Dublin in Ireland, Ecole Superieure de Information Engineering in France, IE University in Spain and the University of Trento in Italy. It has cumulatively invested over 11 million US dollars, promoting the progress of blockchain education and research in the European region and focusing on solving the problems of regulating and integrating emerging technologies in encryption and blockchain.
This additional investment in the Asia-Pacific region fully demonstrates Ripple’s high regard and long-term layout for blockchain education in this area. The five million US dollars will be precisely invested in relevant universities in six countries. The injection of these funds can inject new vitality into blockchain research in universities. Universities can take this opportunity to attract more top international blockchain research talents, form more powerful research teams, and carry out a series of cutting-edge research topics such as enhancing the security of blockchain in cross-border financial transactions and how to optimize the efficiency of blockchain supply chain management, so as to help achieve breakthroughs in the innovative application of blockchain technology in multiple fields. At the educational level, universities can utilize this fund to develop a blockchain curriculum system that is more in line with market demands and has greater depth and breadth. From the basic explanation of blockchain principles to the complex development practice of smart contracts, and then to the practical drills of blockchain projects, we comprehensively cultivate students’ professional qualities and practical abilities, reserving solid talent strength for the development of the blockchain industry in the Asia-Pacific region.
Ripple’s business development in the Asia-Pacific region has always achieved remarkable results. As early as 2017, Ripple established its Asia-Pacific headquarters in Singapore. Since then, the number of its employees in Singapore has been continuously rising, and the transaction volume has also achieved a significant increase. Rahul Advani, the policy director of the Asia-Pacific region, once disclosed that the number of Ripple’s employees in Singapore once doubled and the transaction volume increased by as much as five times. Furthermore, Ripple has been continuously expanding its business territory in the Asia-Pacific region. In July 2024, Ripple Labs achieved two significant international expansions in the Asia-Pacific region. In South Korea, Infinite Block, the country’s only virtual asset service provider licensed by the government, announced its support for XRP Ledger. Meanwhile, Ripple Labs announced the establishment of new XRPL funds in Japan and South Korea.
In Japan, Ripple has also been making continuous moves and has reached a cooperation with Web3 Salon. This project is supported by the Japan External Trade Organization (Jetro) and endorsed by Asia Web3 Alliance Japan. Aimed at facilitating the development of early-stage start-up projects based on XRP Ledger (XRPL), Ripple will also provide funding to selected projects through the XRPL Japan and Korea Fund.
As the application scenarios of blockchain technology continue to expand globally, from cross-border payment and securities trading in the financial sector, to logistics tracking and product traceability in supply chain management, and even to electronic medical record management in the medical field, the demand for professional talents is experiencing explosive growth. As one of the most dynamic regions in global economic development, the Asia-Pacific region has an increasingly vigorous demand for the application of blockchain technology. Ripple’s increased investment in blockchain education in the Asia-Pacific region this time is expected to significantly enhance the educational and research levels of universities in the blockchain field in this region.
On the one hand, more students from the Asia-Pacific region will have the opportunity to come into contact with the world’s leading blockchain knowledge and technology, laying a solid foundation for their future careers in the blockchain industry, effectively alleviating the shortage of blockchain talents in the region, and promoting the rapid development of the local blockchain industry. On the other hand, the high-quality research achievements produced by universities may provide new ideas and methods for the innovative application of blockchain technology in the Asia-Pacific region, further enhancing the depth and breadth of the application of blockchain technology in various industries within the region. For Ripple itself, this investment will help enhance its brand influence and industry voice in the Asia-Pacific region, consolidate its leading position in the blockchain industry, and at the same time strengthen close cooperation and exchanges with universities, enterprises and related institutions in the Asia-Pacific region, creating a more favorable ecological environment for the continuous expansion of its business.
Looking ahead, as this fund is gradually implemented and put into use, universities in the Asia-Pacific region are expected to make more breakthroughs in blockchain education and research. With this move, Ripple will also occupy a more favorable competitive position in the blockchain market of the Asia-Pacific region and contribute more wisdom and strength from the Asia-Pacific region to the development and application of global blockchain technology. The entire blockchain industry in the Asia-Pacific region may also seize new development opportunities and accelerate its progress towards a new stage of development due to Ripple’s investment behavior.
Golden Finance reports that according to Cointelegraph, Ripple, a significant player in the blockchain payment infrastructure field, has recently taken another major move in promoting blockchain education. Ripple announced that it will invest an additional 5 million US dollars in six countries in the Asia-Pacific region through its University Blockchain Research Initiative (UBRI), aiming to further deepen blockchain education and research in the region.
Since its launch in June 2018, Ripple’s university blockchain research program has had a wide impact globally. The program initially committed to investing over 50 million US dollars and established partnerships with 17 universities worldwide, dedicated to promoting the vigorous development of the blockchain technology ecosystem. With the strong support of this plan, many participating universities have actively engaged in blockchain-related research, course development and academic exchange activities, cultivating a large number of professional talents for the blockchain field. For example, in North America, Ripple has joined hands with the University of Toronto to support the university in operating an independent XRP ledger validator. In Europe, it has collaborated with 14 universities including Trinity College Dublin in Ireland, Ecole Superieure de Information Engineering in France, IE University in Spain and the University of Trento in Italy. It has cumulatively invested over 11 million US dollars, promoting the progress of blockchain education and research in the European region and focusing on solving the problems of regulating and integrating emerging technologies in encryption and blockchain.
This additional investment in the Asia-Pacific region fully demonstrates Ripple’s high regard and long-term layout for blockchain education in this area. The five million US dollars will be precisely invested in relevant universities in six countries. The injection of these funds can inject new vitality into blockchain research in universities. Universities can take this opportunity to attract more top international blockchain research talents, form more powerful research teams, and carry out a series of cutting-edge research topics such as enhancing the security of blockchain in cross-border financial transactions and how to optimize the efficiency of blockchain supply chain management, so as to help achieve breakthroughs in the innovative application of blockchain technology in multiple fields. At the educational level, universities can utilize this fund to develop a blockchain curriculum system that is more in line with market demands and has greater depth and breadth. From the basic explanation of blockchain principles to the complex development practice of smart contracts, and then to the practical drills of blockchain projects, we comprehensively cultivate students’ professional qualities and practical abilities, reserving solid talent strength for the development of the blockchain industry in the Asia-Pacific region.
Ripple’s business development in the Asia-Pacific region has always achieved remarkable results. As early as 2017, Ripple established its Asia-Pacific headquarters in Singapore. Since then, the number of its employees in Singapore has been continuously rising, and the transaction volume has also achieved a significant increase. Rahul Advani, the policy director of the Asia-Pacific region, once disclosed that the number of Ripple’s employees in Singapore once doubled and the transaction volume increased by as much as five times. Furthermore, Ripple has been continuously expanding its business territory in the Asia-Pacific region. In July 2024, Ripple Labs achieved two significant international expansions in the Asia-Pacific region. In South Korea, Infinite Block, the country’s only virtual asset service provider licensed by the government, announced its support for XRP Ledger. Meanwhile, Ripple Labs announced the establishment of new XRPL funds in Japan and South Korea.
In Japan, Ripple has also been making continuous moves and has reached a cooperation with Web3 Salon. This project is supported by the Japan External Trade Organization (Jetro) and endorsed by Asia Web3 Alliance Japan. Aimed at facilitating the development of early-stage start-up projects based on XRP Ledger (XRPL), Ripple will also provide funding to selected projects through the XRPL Japan and Korea Fund.
As the application scenarios of blockchain technology continue to expand globally, from cross-border payment and securities trading in the financial sector, to logistics tracking and product traceability in supply chain management, and even to electronic medical record management in the medical field, the demand for professional talents is experiencing explosive growth. As one of the most dynamic regions in global economic development, the Asia-Pacific region has an increasingly vigorous demand for the application of blockchain technology. Ripple’s increased investment in blockchain education in the Asia-Pacific region this time is expected to significantly enhance the educational and research levels of universities in the blockchain field in this region.
On the one hand, more students from the Asia-Pacific region will have the opportunity to come into contact with the world’s leading blockchain knowledge and technology, laying a solid foundation for their future careers in the blockchain industry, effectively alleviating the shortage of blockchain talents in the region, and promoting the rapid development of the local blockchain industry. On the other hand, the high-quality research achievements produced by universities may provide new ideas and methods for the innovative application of blockchain technology in the Asia-Pacific region, further enhancing the depth and breadth of the application of blockchain technology in various industries within the region. For Ripple itself, this investment will help enhance its brand influence and industry voice in the Asia-Pacific region, consolidate its leading position in the blockchain industry, and at the same time strengthen close cooperation and exchanges with universities, enterprises and related institutions in the Asia-Pacific region, creating a more favorable ecological environment for the continuous expansion of its business.
Looking ahead, as this fund is gradually implemented and put into use, universities in the Asia-Pacific region are expected to make more breakthroughs in blockchain education and research. With this move, Ripple will also occupy a more favorable competitive position in the blockchain market of the Asia-Pacific region and contribute more wisdom and strength from the Asia-Pacific region to the development and application of global blockchain technology. The entire blockchain industry in the Asia-Pacific region may also seize new development opportunities and accelerate its progress towards a new stage of development due to Ripple’s investment behavior.
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