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Dash announces partnership with Arizona State University- offers scholarships to work on Blockchain

Jan 25, 2018 Posted /  19718 Views

Dash announces partnership with Arizona State University- offers scholarships to work on Blockchain

Dash and Arizona State University have collaborated together with an aim of building a novel partnership that would stimulate research, development and education in a manner that it progresses blockchain transaction activity, performance, security, and expands its use cases.

Dash has signed an agreement with ASU which constitutes:

First a Dash Scholars Program, which contributes $100,000 in scholarships for undergraduate and graduate research fellowships;

Second, a Research lab and Industry open source projects, which presents an additional $100,000 in funding for ASU’s Blockchain Research Lab (BRL) and $50,000 in new funding for the Luminosity Lab, and

Next, the university will start a Blockchain course development, with $100,000 for creating an online graduate course. It is projected that the university will offer this fall.

The collaboration came after when Dash proclaimed to invest $50,000 (USD) in Blockchain Research Laboratory startup funding in August 2017. In November, Dash and ASU declared the development of the BRL at ASU, the first in academia. Dragan Boscovic, BRL director and a research professor in ASU’s School of Computing, Informatics and Decision Systems Engineering remarked

“ASU welcomes this initiative and is ready to play its role in creating a potent blockchain research and innovation environment for young talents to develop practical blockchain applications.”  

Dash is a blockchain-based digital currency, with a number of unprecedented industry features including InstantSend, PrivateSend and a completely self-funded, self-governed organizational arrangement.

Many major industries and academic institutions are working with blockchain these days. This novel technology operates as a decentralized and tamper-proof digital ledger.  In addition to being the foundation of cryptocurrencies like Dash, the blockchain structure, which consists of associated blocks of knowledge, permits for immediate transactions across a network of computers without the requirement for a central authority.

The BRL is concentrated on securing blockchains accessible for applications past cryptocurrency, however, cryptocurrencies endure a fundamental focus. According to Boscovic, the BRL is reviewing pragmatic business utilizations for banking transactions, property exchanges and contract-based dealings. They are mostly researching for kind of applications that profit from circumventing third-party brokers. For instance, the BRL is at present operating with a Phoenix-based firm to formulate a blockchain for eco-energy applications, such as transferring collected solar power within communities.

Present research mediums at the BRL constitute analytics, shared business platforms that can segment company access based on particular transactions, management of IoT transactions between devices and appliances, nonprofit/humanitarian cryptocurrency transactions, and the creation and updating of smart contracts. Ryan Taylor, CEO of Dash Core expresses

“This is a remarkable partnership precisely because both sides will benefit greatly from tight collaboration.”

He further adds

“Dash benefits from gaining valuable independent insights into how we can improve our plans for scaling to massively large numbers of transactions. ASU will benefit from gaining access to one of the most innovative teams in the digital currency industry. The entire blockchain industry will benefit from the best practices that will emerge from the research, and the creation of a graduate course is a tremendous leap in blockchain’s path towards rapid, mainstream adoption.”

The BRL is basically an interdisciplinary enterprise that encompasses faculty from Ira A. Fulton Schools of Engineering, W.P. Carey School of Business, W.P. Carey Information Systems and the Sandra Day O’Connor College of Law.

“The Blockchain Research Lab not only offers students early access to blockchain technologies that are transforming the nature of business transactions, it is providing them with an opportunity to be part of the design process and a unique opportunity for real-world innovation and design,” replied Kyle Squires, Dean of the Ira. A. Fulton Schools of Engineering.

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Tags: DASH Dash partnership blockchain Dash Core

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