New York University has now become the first university in the U.S. to provide major in blockchain technology.
The new course will be offered by the NYU Stern School of Business, which is also a leader in providing undergraduate courses in cryptocurrencies and blockchain. Andrew Hinkes, who is a professor mentioned the new programme as,
“We hope to establish a groundwork so that the students can understand what’s really happening under the hood so that they can understand both the legal and the business implications, and prepare them to go out and tackle this new market.”
Kathleen Derose, who is an associate professor said that the educational establishment is hoping for huge firms to partner within the training program, however, startups in the fintech industry are ready to invent some cool new stuff. By observing that a large number of students are interested in the new offer, NYU most likely doubled its course offerings this school year.
Adam White, who is the Vice President and General Manager at Coinbase stated that students “see the development, the birth in the new industry” adding that “in many ways, we look at things like Bitcoin (BTC) and Ethereum (ETH) and blockchain as the internet 3.0.”
In August, Coinbase published a study, mentioning that 42% of the world’s most popular 50 universities consist of minimum one class on cryptocurrencies and blockchain. Out of 172 classes which were examined in the study, 15% were provided by the economic, finance, law and business departments, however, only 4% was provided by the social science departments. The study concluded that blockchain and crypto related courses are leading in the U.S. than any other country across the globe.
Also Read: 4 Ways to Invest in Blockchain Technology
The U.S. students are not only interested in the crypto educational courses, but they are also investing in cryptocurrency. One of the studies done by Student Loan Report in March depicts that 21.2% of the college students have utilized loan money in a crypto investment, expecting that increase in the price of crypto can help them to pay debts quickly.