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Ripple Eyes European Talent

Wed, 09/06/2023 - 18:24
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Alex Dovbnya
Ripple is expanding its University Blockchain Research Initiative (UBRI) to four European universities, investing over $11 million to foster blockchain education and research
Ripple Eyes European Talent
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Ripple is extending its University Blockchain Research Initiative (UBRI) into Europe, adding four new academic partners: Trinity College Dublin in Ireland, EPITA in France, IE University in Spain, and the University of Trento in Italy. 

This move is part of UBRI's fifth-year milestone and represents an investment of over $11 million in 14 European universities. 

This initiative aims to foster blockchain education and research in a region grappling with how to regulate and integrate this burgeoning technology.

Regulatory hurdles remain 

The expansion into Europe coincides with legislative developments in the region. Specifically, the European Union is exploring its Market in Crypto Assets (MiCA) legislation, aimed at creating a more transparent and unified regulatory environment for crypto assets.

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Eric van Miltenburg, SVP of Strategic Initiatives at Ripple, commented on the expansion, stating that education about blockchain technology is important for real-world applications. However, it should be noted that despite the potential for innovation, regulatory hurdles still present a challenging landscape for crypto projects in Europe.

Ripple's academic push 

Ripple's UBRI, which was launched back in 2018, is a collaborative program that partners with global universities to advance research, technical development, and innovation in the realms of blockchain technology, cryptocurrency, and digital payments. 

Aimed at nurturing the next generation of professionals in these fields, UBRI offers both financial support and subject-matter expertise to bolster academic research.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.