Ripple has announced the expansion of its University Blockchain Research Initiative (UBRI) by adding 11 new partners, making a total of 29 members. The program is aimed at promoting blockchain-focused academia and research. The company has committed a funding of $50 million to UBRI’s first wave of university partners. The UBRI program offers blockchain related courses to people from various disciplines such as engineering, business, software development, etc.
Ripple has partnered with Tsinghua University in Beijing to offer blockchain research program in China. The Institute for Fintech Research at the university has stated that the research program will focus on global regulatory policies and development of blockchain technology. The selected candidates will also be allowed to attend corporate events so that they get a comprehensive view of the global blockchain regulatory policies.