Blockchain technology these days is powering more than just bitcoin. Blockchain technology is being widely used for various applications including data management, intellectual property management, proof of existence, banking solutions and even Internet of Things. At the same time, the bitcoin network has grown exponentially and the number of bitcoin transactions are also on the rise.
Banks are now exploring ways to integrate Bitcoin technology into their operations. All these developments happening in the bitcoin and digital currency sector are sure sign indicators of traditional economy being gradually replaced by digital economy. In order to maintain pace with the rapidly changing ecosystem, it is essential to sensitize people to these changes so that there won’t be a huge rift between technology adoption and population. This has led to many universities across the world to include cryptocurrency and digital currency technology studies into their course offerings.
Fordham University, a New York based educational institution has recently announced the inclusion of bitcoin and cryptocurrency related studies and activates in its Rose Hill campus. The university has teamed up with the Cryptocurrency Club at Fordham University to host roundtable discussions on cryptocurrency. The main aim of this cryptocurrency club and conference is to explore potential uses of digital currency technology across other fields including, but not limited to economics, finance, accounting and computer science.
As part of the initiative, all Fordham University cryptocurrency club members will receive a bitcoin starter kit. The starter kit will include few bitcoin related resources including a list of bitcoin based companies, a copy of Satoshi Nakamoto’s whitepaper on bitcoin and more. Further down the line, the university is also planning to host the College Cryptocurrency Network conference. The College Cryptocurrency Network is a collaborative initiative by students who are part of their respective bitcoin clubs in Stanford, MIT, and University of Michigan.
Fordham University’s initiative will expose its student community to the bitcoin community from different regions, helping them understand how bitcoin is used in different regions across the country and other potential applications of the technology behind it.